Bold Production acquires gas-treating H2S scavenger
HOUSTON -- Bold Production Services, LLC has acquired proprietary assets including the intellectual property rights to a hydrogen sulfide scavenger and long-standing customer relationships.
The H2S scavenger is complementary to Bold's existing gas treating and processing assets. Additionally, the acquisition further facilitates Bold's entry into the midstream and downstream energy verticals.
The H2S scavenger acquired by Bold has been used by Fortune 500 companies in all three energy verticals and across the United States for over 20 years to reduce H2S emissions. The chemical does not contain triazine and is liquid-based as opposed to a granular media.
"Despite a challenging market, Bold has continued to expand the products and services we provide to our customers. This acquisition was particularly attractive because it is highly complementary to our existing product and service offering," said Bold CEO Glen Wind.
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