Request to encumber additional funds.

BWS-Briely Well Services has been awarded a contract (25-9163_1) by the State of Texas for comprehensive oilfield and well services. The contract encompasses multiple specialized service categories, including oilfield drilling bit services, well completion services, milling through coiled tubing services, and oilfield drilling performance services. Additionally, the contract includes provisions for purchasing and reclaiming precious metals for catalyst applications.

The contract, dated November 21, 2025, is classified under NIGP code 96296 for Well Services, which covers drilling, plugging, consulting, maintenance, and repair activities. While specific financial details such as annual value and cumulative contract value are not provided, the contract appears to be a broad-scope engagement for oil and gas-related service provisions. The prime contractor, BWS-Briely Well Services, will likely execute these services across Texas's oil and gas production regions, leveraging their expertise in multiple technical service domains within the energy infrastructure sector.