Risk Concentrations

12 Months Ended

Dec. 31, 2017

Risk Concentrations

Risk Concentrations

NOTE 12. RISK CONCENTRATIONS

Customer Concentrations

For the year ended December 31, 2017, two customers (EOG Resources and PDC Energy—Well Services segment) accounted for approximately 13.7% and 15.6%, respectively, of the Company’s total revenues. At December 31, 2017, approximately 20.3% of the accounts receivable balance was due from these customers.

For the year ended December 31, 2016, two customers (EOG Resources and PDC Energy —Well Services segment) accounted for 19.8% and 19.2%, respectively, of the Company’s total revenues. At December 31, 2016, approximately 27.6% of the accounts receivable balance was due from these customers.

For the year ended December 31, 2015, two customers (EOG Resources —Well Services segment and Whiting— Process Solutions segment) accounted for approximately 26.3% and 42.0%, respectively, of the Company’s total revenues.