Dan Wilks Net Worth

While at the company, Dan negotiated with contractors to bid and bargain new projects. At the same time, he oversaw the daily financial transactions and operations. In 2002 the sibling duo set up Frac Tech, and thus branched out into the hydraulic fracturing and oil field service industry. Some nine years later, they decided to sell their nearly 70% combined interest at Frac Tech (now FTS International Services, LLC) to a partnership lead by Temasek Holdings of Singapore for $3.5 billion. So, they have been buying ranches across the west recently. In 2011, the brothers bought Tom Siebel’s 62,000-acre N Bar Ranch in Montana for $45 million. Furthermore, they picked up almost 300,000 acres in Montana and 36,000 acres in Idaho.