Oil and gas players merge

Imperative Chemical Partners and RSI Chemicals are joining forces to create one of the largest land oil and gas chemical businesses in the US under the joint ownership of Hastings Equity Partners and One Equity Partners. Both are based in Texas.

Imperative was itself formed in 2019 via the merger of three companies and now employs 550 employees at 32 locations across 12 states. It specialises in production and completion chemical, acid stimulation, and capillary injection services for upstream and midstream oil, gas and water applications. Custom chemicals supplier RSI has 270 employees at 20 sites.

Imperative COO Ryan Havens will become CEO, with the current CEO Neil Harrop joining the board. Garrett Tucker, COO at RSI, will have the same role in the combined company. RSI CEO Curtis Bordelon is retiring. The two claim to have a “complementary regional presence and natural cultural alignment”, offering a full product line for all chemical needs for completions, flowback, production and midstream operations.