Legacy Measurement Solutions, a portfolio company of White Deer Energy, has named Joseph S. Compofelice as chairman and CEO. Legacy is a provider of engineered measurement, production and process equipment for the oil and natural gas industry.
DALLAS, Aug. 3, 2017 /PRNewswire/ — Mr. Compofelice has an extensive background in the oil and gas industry and has held a series of management positions in the oilfield services industry at Smith International (now part of Schlumberger), NL Baroid (now part of Halliburton) and was also the founding CEO of Aquilex Service Company, a provider of downstream services to the processing and energy industries. Mr. Compofelice is also an Operating Partner at White Deer Energy.
Mr. Compofelice stated when speaking to a group of Legacy employees, “Legacy has come through the difficult industry downturn of the last two years a leaner, stronger organization. I look forward to helping the Legacy team to get back to growth, which I can already see. White Deer is investing additional capital to support that growth and we are expanding our physical presence in the Permian Basin and the Mid-Con markets and are adding resources in the Marcellus and Utica Basins.”
Legacy Measurement Solutions offers engineered measurement, production and process equipment to the oil and natural gas industry from wellhead through midstream and transmission. Products include engineered ultrasonic and orifice measurement stations, custom and standard meter tubes, LACT units, gas production units, pressure control skids and ASME code vessels. Legacy Measurement Solutions is a portfolio company of White Deer Energy.
White Deer Energy is an energy private equity firm focused on the exploration and production, oilfield service and equipment manufacturing and midstream sectors of the oil and gas industry. With $2.2 billion of capital commitments across two private equity funds, White Deer Energy has offices in Houston and New York.