ProPetro Holding Corp.’s $400 Million Acquisition of Pressure Pumping Assets


Hunton Andrews Kurth LLP is representing ProPetro Holding Corp. (“ProPetro”) in connection with its acquisition of the pressure pumping assets of Pioneer Natural Resources Company (“Pioneer”).

As part of the agreement, ProPetro will also become a strategic long-term service provider to Pioneer.

Based in Midland, Texas, ProPetro is an oilfield services company that provides pressure pumping and other services to upstream oil and gas companies engaged in the exploration and production of unconventional oil and natural gas resources.

The Hunton Andrews Kurth team includes Henry Havre (Picture), Tom Ford, Matt Grunert, Parker Lee, Lisa Shelton, Amanda Wait, Jerry Chandapillai, Garrett Hughey, Oliver Fankhauser, Marshall Heins, Adam Mechanic, Andrew Eklund, Marshall Horton, Ming Lei and James Willson.

Involved fees earner: Jerry Chandapillai – Hunton Andrew Kurth; Andrew Eklund – Hunton Andrew Kurth; Oliver Fankhauser – Hunton Andrew Kurth; Thomas Ford Jr. – Hunton Andrew Kurth; Henry Havre – Hunton Andrew Kurth; Marshall Horton – Hunton Andrew Kurth; Garrett Hughey – Hunton Andrew Kurth; Parker Lee – Hunton Andrew Kurth; Ming Lei – Hunton Andrew Kurth; Lisa Montgomery Shelton – Hunton Andrew Kurth; Amanda Wait – Hunton Andrew Kurth; James Willson – Hunton Andrew Kurth;

Law Firms: Hunton Andrew Kurth;

Clients: ProPetro Holding Corp;

Author: Ambrogio Visconti