Lariat Services, Inc.
SandRidge drills onshore for our own interests in West Texas and Northwest Oklahoma through our drilling and oilfield services subsidiary, Lariat Services, Inc. (“Lariat”) Lariat also drills wells for other natural gas and oil companies, primarily in West Texas. Our fleet consists of 31 rigs configured to drill in our specific areas of operation. Lariat’s rigs have an average horsepower rating in excess of 800 and an average depth capacity greater than 10,500 feet.
In addition, Lariat provides pulling units, trucking, location and road construction, air drilling packages, roustabout services and rental tools for third parties and us.
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SandRidge Midstream, Inc.
SandRidge Midstream, Inc. (“Midstream”) provides engineering, construction and operations for measurement facilities, pipelines, compressor stations, treating facilities and processing plants to serve the needs of SandRidge production activities, as well as to provide service to other energy companies. Midstream is also responsible for marketing SandRidge’s crude oil, natural gas liquids and natural gas to secure reliable market outlets and maximize netback pricing for our commodities.