H
ilco Real Estate Sales announces a June 12, 2025 deadline for qualified bids on 21 strategically located oilfield service properties across Texas and one in New Mexico. The properties are being sold individually or in combination as part of Water Energy Services' Chapter 11 bankruptcy.
The offering includes land parcels, saltwater disposal sites, and industrial buildings with designated office space. Property sizes range from 1.24 to 70.36 acres, with building footprints between 1,485 and 18,000 square feet. Most assets are located in key oil-producing regions such as the Permian Basin, Eagle Ford Shale, and Barnett Shale.
"This is a prime opportunity for buyers to acquire strategic assets in high-demand markets supporting U.S. energy production," said Jamie Cote, vice president at Hilco Real Estate. "Whether you're an operator or investor, these sites offer a strong foothold in the oilfield service space."
The Texas oilfield service industry is critical to the state's economy, generating billions in annual revenue and thousands of jobs. The sale offers flexibility and scale due to its diverse assets and locations.
Bids must be received by June 12 at 5 p.m. CT on the Purchase and Sale Agreement available for review and download from Hilco Real Estate Sales' website. Interested buyers should review requirements to participate in the bankruptcy sale process. For further information, contact Jonathan Cuticelli or Jamie Coté at their respective phone numbers or visit HilcoRealEstateSales.com.
