CLARKSBURG, W.Va. — A Harrison County natural-gas industry firm has merged with a Virginia-based production company.
Basin Energy Group, which is backed by Turning Basin Capital, officially merged with Appalachian Production Services, Inc. to provide complimentary production and midstream services for the natural gas and oil industry in the Appalachian Basin.
Midstream activities include the processing, storing, transporting and marketing of oil, natural gas and natural gas liquids.
The transaction closed on December 30, 2016.
Terms were not disclosed.
Basin Energy Group owns ProActive Services and Starett’s Well Service, which are both located in Clarksburg.