CUERO, Texas – OHS Resources, a Houston based firm that sells oil and gas drilling products, acquired a 336,000-SF industrial building in Cuero, a town in the Eagle Ford Shale region south of San Antonio.
Jason Scholtz of Colliers International represented the seller, MV Cuero Partners. The property was formerly the Mt. Vernon Mills cotton weaving facility.
“When we listed the property, we expected to receive interest from the oilfield, given the property’s location in Dewitt County, but we received a myriad of interest from other users as well, “ Scholtz said.
The property will be a distribution point for drilling fluid to the Permian Basin, Eagle Ford and other shale oil regions, said OHS CEO Robert Hughes.
OHS Resources produces and sells proprietary oil and gas drilling products, including its primary product WellWall, a drilling fluid and loss circulation material (LCM). “This facility is an excellent central location for the distribution of our products to our other OHS Resources facilities in the Permian Basin and Eagle Ford, as well as other USA shale oil regions,” Hughes said.
Aug. 27, 2018 Realty News Report Copyright 2018