Eddy State Complex adds 300,000 barrels per day of recycled produced water treatment capacity in northern Delaware Basin. Company is on track to set record: recycling 25 million barrels of produced water in 2020, despite slowdown in completions. HOUSTON – October 27, 2020 – Solaris Water Midstream, LLC (“Solaris Water”) is pleased to announce it has commenced… Read more »
Trilantic North America, Yorktown Partners, HBC Investments and management increase their equity commitments to Solaris Water Midstream. HOUSTON – July 29, 2020 – Solaris Water Midstream, LLC (“Solaris Water”) announced today the company has expanded its existing joint venture with Concho Resources Inc. (NYSE: CXO) (“Concho”). Solaris Water and Concho have extended and increased the scope of their long-term produced… Read more »
Solaris Water Midstream CEO Bill Zartler joined Hart Energy’s Jessica Morales for our Path Forward video series where we hear from leaders about the effect this historical downcycle has had on sectors of the energy industry. “It’s been quite interesting times,” Zartler said. “Our core operations of handling produced water from the systems have chugged… Read more »
Solaris Water Midstream has been expanding its infrastructure footprint in the Permian for the past several years. With assets in the Midland and Delaware basins, the company has been recycling in the Midland Basin for more than two years and started water recycling at its Lobo Ranch facility in Eddy County in July. In its… Read more »
Midland-based Concho Resources Inc. (NYSE: CX) reached a deal with Houston-based Solaris Water Midstream LLC creating a partnership around the company’s exploration and production water needs.
Concho is contributing water infrastructure assets to Solaris Water in exchange for cash and equity. Solaris Water will manage Concho’s produced water gathering, transportation, disposal and recycling for an approximately 1.6 million-acre area located primarily in Eddy County, New Mexico. Midland, Texas – July 31, 2019 – Concho Resources Inc. (NYSE: CXO) (“Concho”) and Solaris Water… Read more »
HOUSTON – July 16, 2019 – Solaris Water Midstream, LLC(“Solaris Water”), a leading provider of water-related infrastructure to the oil and gas industry, announced today it has launched operations at its expanded Lobo Ranch Produced Water Recycling and Blending Center, a large-scale produced water recycling and non-potable water blending facility in Eddy County, New Mexico. Solaris… Read more »
HOUSTON – July 1, 2019 – Solaris Water Midstream, LLC (“Solaris Water”), a leading provider of water-related infrastructure to the oil and gas industry, announced today it has increased the size of its revolving credit facility to $350 million from $250 million. Cadence Bank N.A. (“Cadence Bank”) acted as lead arranger and administrative agent with Wells Fargo… Read more »
Recycling operations begin Large acreage dedication and minimum volume commitment contracts support major expansion HOUSTON – February 12, 2019 – Solaris Water Midstream, LLC (“Solaris Water”), a leading provider of water-related infrastructure to the oil and gas industry, announced today that its flagship Pecos Star System has begun recycling operations and has added new acreage and volume… Read more »
HOUSTON – June 5, 2018 – Solaris Water Midstream, LLC(“Solaris Water”) announced today it has closed on the acquisition of a significant New Mexico water supply business owned by Vision Resources, Inc. (“Vision”), a family-owned business. Vision is one of the most respected water management companies in the growing Delaware Basin and has an established customer base… Read more »
