Spencer Armour
Director/Board Member at PROPETRO HOLDING CORP.
Net worth: 3 M $ as of 31/03/2024
Profile
Spencer D.
Armour was the founder of Sledge Drilling Holding Corp.
(founded in 2005), Sledge Drilling Corp.
(founded in 2005), and Lone Star Mud, Inc. (founded in 1986), where he held the titles of Chief Executive Officer, Chief Executive Officer, and President respectively.
Mr. Armour's current job(s) include being a Director at ProPetro Services, Inc., an Independent Director at Viper Energy, Inc., an Independent Director at CES Energy Solutions Corp., a Director at Viper Energy Partners GP LLC, an Independent Director at ProPetro Holding Corp., and a Partner at Genesis Investments, LLC.
Mr. Armour's former job(s) include being a Director-Regents Board at University of Houston System Board of Regents, a Director at Mammoth Energy Partners LP, Vice President-Corporate Development at Basic Energy Services, Inc. (from 2007 to 2008), President at Ambar Lone Star Fluid Services LLP (from 1998 to 2001), President at PT Petroleum Partners LLC (from 2013 to 2019), and Executive Vice President at Patterson-UTI Energy, Inc. (from 2001 to 2005).
Mr. Armour obtained his undergraduate degree from the University of Houston in 1977.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
VIPER ENERGY, INC.
0.05% | 10/07/2023 | 39,987 ( 0.05% ) | 2 M $ | 31/03/2024 |
| 15/04/2024 | 311,813 ( 0.13% ) | 1 M $ | 31/03/2024 | |
PROPETRO HOLDING CORP.
0.09% | 23/04/2024 | 99,152 ( 0.09% ) | 801 148 $ | 31/03/2024 |
Spencer Armour active positions
| Companies | Position | Start |
|---|---|---|
| PROPETRO HOLDING CORP. | Director/Board Member | 11/07/2019 |
| VIPER ENERGY, INC. | Director/Board Member | 01/07/2017 |
| CES ENERGY SOLUTIONS CORP. | Director/Board Member | 12/12/2018 |
ProPetro Services, Inc.
 ProPetro Services, Inc. Contract DrillingIndustrial Services ProPetro Services, Inc. engages in the provision of oil and gas well drilling, stimulation, cementing, and coiled tubing services. The company was founded by Thomas E. Kelly and Dale Redman and headquartered in Midland, TX. | Director/Board Member | - |
Viper Energy Partners GP LLC
 Viper Energy Partners GP LLC Oil & Gas ProductionEnergy Minerals Part of Diamondback Energy, Inc., Viper Energy Partners GP LLC explores petroleum and gas. The private company is based in Midland, TX. Travis D. Stice has been the CEO of the company since 2014. | Director/Board Member | 22/03/2017 |
| Genesis Investments, LLC | Corporate Officer/Principal | 01/02/2019 |
Former positions of Spencer Armour
| Companies | Position | End |
|---|---|---|
PT Petroleum Partners LLC
 PT Petroleum Partners LLC Oil & Gas ProductionEnergy Minerals PT Petroleum LLC develops oil and natural gas properties with identifiable exploitation and development. The firm is an independent oil and gas producer. The company is headquartered in Plano, TX. | President | 01/01/2019 |
| BASIC ENERGY SERVICES, INC. | Corporate Officer/Principal | 01/01/2008 |
Sledge Drilling Holding Corp.
 Sledge Drilling Holding Corp. Contract DrillingIndustrial Services Sledge Drilling Holding Corp. operates oil drilling rigs. The firm's services include well, fluid, drilling, completion, and well site construction services. The company is located in Midland, TX. | Chief Executive Officer | 01/03/2007 |
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Training of Spencer Armour
| University of Houston | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 4 |
|---|---|
| PATTERSON-UTI ENERGY, INC. | Industrial Services |
| VIPER ENERGY, INC. | Energy Minerals |
| PROPETRO HOLDING CORP. | Industrial Services |
| CES ENERGY SOLUTIONS CORP. | Process Industries |
| Private companies | 11 |
|---|---|
Basic Energy Services, Inc.
 Basic Energy Services, Inc. Oilfield Services/EquipmentIndustrial Services Basic Energy Services, Inc. engages in the provision of well site services to oil and natural gas drilling and producing companies. It operates its business through the following segments: Completion and Remedial Services, Well Servicing and Water Logistics. The Completion and Remedial Services segment utilizes coiled tubing services, air compressor packages specially configured for underbalanced drilling operations, an array of specialized rental equipment and fishing tools, thru-tubing, and snubbing units. The Well Servicing segment encompasses a full range of services performed with a mobile well servicing rig, including the installation and removal of downhole equipment and elimination of obstructions in the well bore to facilitate the flow of oil and natural gas. The Water Logistics segment focuses on the fleet of trucks and related assets, including specialized tank trucks, storage tanks, water wells, disposal facilities water treatment, and related equipment. The company was founded in 1992 and is headquartered in Fort Worth, TX. | Industrial Services |
ProPetro Services, Inc.
ProPetro Services, Inc. Contract DrillingIndustrial Services ProPetro Services, Inc. engages in the provision of oil and gas well drilling, stimulation, cementing, and coiled tubing services. The company was founded by Thomas E. Kelly and Dale Redman and headquartered in Midland, TX. | Industrial Services |
Sledge Drilling Holding Corp.
Sledge Drilling Holding Corp. Contract DrillingIndustrial Services Sledge Drilling Holding Corp. operates oil drilling rigs. The firm's services include well, fluid, drilling, completion, and well site construction services. The company is located in Midland, TX. | Industrial Services |
Sledge Drilling Corp.
 Sledge Drilling Corp. Contract DrillingIndustrial Services Part of Ranger Energy Services, Inc., Sledge Drilling Corp. is an American company that specializes in drilling oil and gas wells. The private company is based in TX. The company was founded by Spencer D. Armour. | Industrial Services |
Lone Star Mud, Inc.
 Lone Star Mud, Inc. Oilfield Services/EquipmentIndustrial Services Part of Patterson-UTI Energy, Inc., Lone Star Mud, Inc. is a private company that produces oil field drilling fluids. The company is based in Midland, TX. The company was founded by Spencer D. Armour. Lone Star Mud was acquired by Patterson-UTI Energy, Inc. on January 07, 1998 for $9.43 million. | Industrial Services |
Ambar Lone Star Fluid Services LLP
 Ambar Lone Star Fluid Services LLP Oilfield Services/EquipmentIndustrial Services Ambar Lone Star Fluid Services LLP provided drilling and completion fluids. It offered proprietary water, diesel and synthetic based drilling fluids and completions products used during the drilling and completion phase of wellbore construction. The firm also offered rental equipment that included pre-mix tanks, pumps and compressors, frac tanks, dry bulk tanks, dust collectors, hoses, hoppers and liquid tote tanks for drilling needs. The company was headquartered in Lafayette, LA. | Industrial Services |
University of Houston System Board of Regents
 University of Houston System Board of Regents Other Consumer ServicesConsumer Services Part of University of Houston System Board of Regents, this private company oversees university activities. The company is based in Houston, TX. | Consumer Services |
PT Petroleum Partners LLC
PT Petroleum Partners LLC Oil & Gas ProductionEnergy Minerals PT Petroleum LLC develops oil and natural gas properties with identifiable exploitation and development. The firm is an independent oil and gas producer. The company is headquartered in Plano, TX. | Energy Minerals |
Viper Energy Partners GP LLC
Viper Energy Partners GP LLC Oil & Gas ProductionEnergy Minerals Part of Diamondback Energy, Inc., Viper Energy Partners GP LLC explores petroleum and gas. The private company is based in Midland, TX. Travis D. Stice has been the CEO of the company since 2014. | Energy Minerals |
Mammoth Energy Partners LP
 Mammoth Energy Partners LP Oilfield Services/EquipmentIndustrial Services Mammoth Energy Partners LP provides oil and natural gas exploration services. The company was founded in February 2014 and is headquartered in Oklahoma City, OK. | Industrial Services |
| Genesis Investments, LLC |
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