Segment & Geographic Data
Quant-Grade Normalized Data
API & CSV Delivery
Cypress Environmental Partners L P's Business Segments
Cypress Environmental Partners L P's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
3
Largest Segment
Inspection Services
Total Revenue
$ 117
Regions Reported
-
Annual Results
Revenue Share by Reportable Segment - FY2021
- Inspection Services96.3%
- Environmental Services3.7%
- All Other Segments0%
Revenue by Reportable Segment - FY2021
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Inspection Services | $ 113 | 96.3% |
| Environmental Services | $ 4 | 3.7% |
| All Other Segments | - | 0% |
Description of Cypress Environmental Partners L P
The Partnership is a Delaware limited partnership formed on September 19, 2013
to become a diversified Partnership serving energy companies throughout North
America. We currently provide essential midstream services that include independent
pipeline inspection and integrity services to producers and pipeline companies
and water and environmental services with salt water disposal facilities to U.S.
onshore oil and natural gas producers and trucking companies.
Cypress Environmental Partners L.P. operates through three main business segments: Pipeline Inspection, Integrity Services, and Water Services. Each segment provides a range of specialized products and services tailored to meet the needs of the oil and gas industry in North America.
Pipeline Inspection
Overview:
Cypress Environmental Partners L.P. is recognized as a leading provider of independent inspection services within the pipeline industry. The firm provides critical inspection services for a variety of facilities used in the transportation and distribution of oil and natural gas.
Customer Base:
The company serves a well-established and diverse clientele, including oil and natural gas producers, public utility companies, and pipeline operators across North America. Compliance with federal and state laws mandates these companies to conduct regular inspections of their assets for environmental and safety assurance.
Joint Ventures:
Cypress has also formed a partnership with CF Inspection, a minority-owned inspection firm, likely to enhance service offerings and cater to clients looking for minority-owned contractor options. Cypress holds a 49% stake in this venture.
Core Services:
The Pipeline Inspection segment encompasses a wide range of inspection services, including:
- Transmission pipelines for oil, gas, and liquids
- Oil and natural gas gathering systems
- Natural gas processing plants
- Pump, compressor, measurement, and regulation stations
- Storage facilities and terminals
- Gas distribution systems
Operations:
At the outset of each project, Cypress collaborates with the client to outline the project scope and devise a tailored staffing plan. Utilizing a proprietary database of over 16,000 qualified professionals, the company ensures that all inspectors meet the stringent qualifications required by the Pipeline and Hazardous Materials Safety Administration (PHMSA) and any specific client standards. Training is a significant aspect of the operations, incorporating programs from the National Center for Construction Education and Research and Veriforce to equip personnel with the necessary skills in inspection and compliance.
Specific Inspection Services Include:
- Project coordination: Management of construction or maintenance coordination for in-line pipeline inspection projects.
- Staking services: Identifying and marking dig sites for surveyed anomalies.
- Pig tracking services: Monitoring and mapping third-party pipeline cleaning and inspection units (often referred to as pigs).
- Maintenance inspection: Periodic third-party pipeline inspections to adhere to PHMSA regulations.
- Construction inspection: Oversight of new construction projects on behalf of the owner.
- Ultrasonic nondestructive examination: Utilizing sound waves to detect imperfections in pipelines.
- Data management services: Comprehensive data analysis to support regulatory compliance and project management.
Integrity Services
Overview:
The Integrity Services segment, primarily through the Brown operations, focuses on hydrostatic testing and related services, aiding clients in meeting the regulatory requirements for pipeline safety and integrity.
Core Offerings:
The services provided cover all aspects of pipeline hydrostatic testing, including:
- Filling and pressure testing: Ensuring that pipelines can withstand operational pressures.
- Dewatering: Safely removing water from pipelines post-testing.
- Specialized conditions testing: Offering unique testing solutions including ultra-high pressure and pneumatic/nitrogen tests, applicable for newly constructed or existing pipelines.
Operations:
Cypress collaborates directly with pipeline owners and construction companies, drawing on its own well-equipped testing facilities. The Integrity Services segment has averaged 20 to 33 field technicians over the past few years, ensuring ample capability for handling a variety of testing projects efficiently.
Water Services
Overview:
Cypress’s Water Services segment focuses on water management solutions essential in environmental services related to oil and gas operations. The company operates nine saltwater disposal facilities and manages additional assets in North Dakota.
Core Services:
Revenue generation stems from several key service offerings:
- Flowback Water Management: Handling and disposing of flowback water produced during hydraulic fracturing operations. This involves treating and injecting this water safely into saltwater disposal wells after recovering any residual oil.
- Produced Water Management: Managing naturally occurring water that is extracted during oil and gas production, ensuring proper treatment and safe disposal.
- Byproduct Sales: Recovering and selling residual oil from flowback and produced water management processes.
- Salt Water Disposal Facility Management: Providing management services for additional disposal facilities, performing operational and financial duties while receiving compensation based on revenue or minimum fees.
Conclusion
Cypress Environmental Partners L.P. delivers a comprehensive suite of services essential for the operational integrity, environmental compliance, and efficiency of the oil and gas industry in North America. With a focus on safety, regulatory compliance, and technological advancement, the company maintains a robust position in the market, continually adapting to industry needs and environmental standards.
Pipeline Inspection
Overview:
Cypress Environmental Partners L.P. is recognized as a leading provider of independent inspection services within the pipeline industry. The firm provides critical inspection services for a variety of facilities used in the transportation and distribution of oil and natural gas.
Customer Base:
The company serves a well-established and diverse clientele, including oil and natural gas producers, public utility companies, and pipeline operators across North America. Compliance with federal and state laws mandates these companies to conduct regular inspections of their assets for environmental and safety assurance.
Joint Ventures:
Cypress has also formed a partnership with CF Inspection, a minority-owned inspection firm, likely to enhance service offerings and cater to clients looking for minority-owned contractor options. Cypress holds a 49% stake in this venture.
Core Services:
The Pipeline Inspection segment encompasses a wide range of inspection services, including:
- Transmission pipelines for oil, gas, and liquids
- Oil and natural gas gathering systems
- Natural gas processing plants
- Pump, compressor, measurement, and regulation stations
- Storage facilities and terminals
- Gas distribution systems
Operations:
At the outset of each project, Cypress collaborates with the client to outline the project scope and devise a tailored staffing plan. Utilizing a proprietary database of over 16,000 qualified professionals, the company ensures that all inspectors meet the stringent qualifications required by the Pipeline and Hazardous Materials Safety Administration (PHMSA) and any specific client standards. Training is a significant aspect of the operations, incorporating programs from the National Center for Construction Education and Research and Veriforce to equip personnel with the necessary skills in inspection and compliance.
Specific Inspection Services Include:
- Project coordination: Management of construction or maintenance coordination for in-line pipeline inspection projects.
- Staking services: Identifying and marking dig sites for surveyed anomalies.
- Pig tracking services: Monitoring and mapping third-party pipeline cleaning and inspection units (often referred to as pigs).
- Maintenance inspection: Periodic third-party pipeline inspections to adhere to PHMSA regulations.
- Construction inspection: Oversight of new construction projects on behalf of the owner.
- Ultrasonic nondestructive examination: Utilizing sound waves to detect imperfections in pipelines.
- Data management services: Comprehensive data analysis to support regulatory compliance and project management.
Integrity Services
Overview:
The Integrity Services segment, primarily through the Brown operations, focuses on hydrostatic testing and related services, aiding clients in meeting the regulatory requirements for pipeline safety and integrity.
Core Offerings:
The services provided cover all aspects of pipeline hydrostatic testing, including:
- Filling and pressure testing: Ensuring that pipelines can withstand operational pressures.
- Dewatering: Safely removing water from pipelines post-testing.
- Specialized conditions testing: Offering unique testing solutions including ultra-high pressure and pneumatic/nitrogen tests, applicable for newly constructed or existing pipelines.
Operations:
Cypress collaborates directly with pipeline owners and construction companies, drawing on its own well-equipped testing facilities. The Integrity Services segment has averaged 20 to 33 field technicians over the past few years, ensuring ample capability for handling a variety of testing projects efficiently.
Water Services
Overview:
Cypress’s Water Services segment focuses on water management solutions essential in environmental services related to oil and gas operations. The company operates nine saltwater disposal facilities and manages additional assets in North Dakota.
Core Services:
Revenue generation stems from several key service offerings:
- Flowback Water Management: Handling and disposing of flowback water produced during hydraulic fracturing operations. This involves treating and injecting this water safely into saltwater disposal wells after recovering any residual oil.
- Produced Water Management: Managing naturally occurring water that is extracted during oil and gas production, ensuring proper treatment and safe disposal.
- Byproduct Sales: Recovering and selling residual oil from flowback and produced water management processes.
- Salt Water Disposal Facility Management: Providing management services for additional disposal facilities, performing operational and financial duties while receiving compensation based on revenue or minimum fees.
Conclusion
Cypress Environmental Partners L.P. delivers a comprehensive suite of services essential for the operational integrity, environmental compliance, and efficiency of the oil and gas industry in North America. With a focus on safety, regulatory compliance, and technological advancement, the company maintains a robust position in the market, continually adapting to industry needs and environmental standards.