Financial News

Savage Adds Oilfield Logistics Services to North Dakota Terminal

Savage today announced the expansion of the Bakken Petroleum Services Hub in Trenton, N.D. The terminal has added oil country tubular goods (OCTG) storage, transloading, trucking, threading, inspection, and clean and drift services for oil and gas producers in the Williston Basin. These new capabilities complement Savage’s industry leading crude-by-rail transloading and other oilfield logistics services previously deployed in Trenton.

These new services are a direct result of Savage’s acquisition of Ft. Worth Pipe in July of this year. Through the acquisition, Savage expanded its service offerings to include OCTG-related services to leading oilfield customers at multiple locations in the Permian Basin, Barnett Shale and Marcellus Shale plays. Trenton customers now have access to pipe threading, hydro-testing, and other pipe inspection and repair services along with accurate inventory management, on-time delivery and infield services to ensure that products get to the well site in “ready-to-run” condition. These capabilities complement the initial services offered by Savage that support storage and loading of crude oil for rail transport.

“We are always working to bring expanded value to our customers,” said Nathan Savage, Sr. Vice President – Oil & Gas Solutions at Savage. “The addition of OCTG logistics to the Trenton terminal was a natural fit. The knowledge and network of locations we’ve gained by joining with the Ft. Worth Pipe team will allow us to expand the suite of services we can provide to our oilfield customers.”

Contact Erik Skoy for more details on pipe handling, transportation, inspection and threading services at Trenton or at any other Savage location: erikskoy@savageservices.com, 801-664-1879.

About Savage

Savage is an innovative supply chain solutions company, dedicated to creating value for customers by moving and managing critical materials and improving operational efficiency with worry-free consistency. With 170 locations and over 2,600 employees, Savage is a global leader in the creation and delivery of bundled supply chain management services that are tailored to meet the needs of customers. Savage serves many industries, including electric power generation, coal production, oil and gas, refining, agriculture, chemical, mining and manufacturing. With capabilities that span transportation, asset management, and material handling and processing, Savage provides services and technology customized for each customer’s unique supply chain challenge. For further information regarding Savage, please visit www.savageservices.com.

Contacts:

Savage
Rebecca Boucher, 801-944-6584
Communications Director
rebeccaboucher@savageservices.com

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