Joint venture to provide complete water, fluid management solutions in U.S. shale basins

Sponsored by

 


AUSTIN, TEXAS, May 14, 2014 -- On Monday, May 12, a joint venture was established between Pinnergy, Ltd. and Shalewater Solutions, LLC to provide complete, integrated water management solutions to support oil and gas operations throughout the U.S. shale basins.

The partnership will operate under the name PinnergyShalewater, LLC (the "Company") and will be based in Austin, Texas. The Company will capitalize on Pinnergy's provision of diversified oilfield services and Shalewater Solutions' specialty in water management, flowback and produced water recycling, and logistics technology.

Accordingly, the joint venture combines Pinnergy's large geographic footprint and asset base with the water management and reclamation expertise of Shalewater Solutions. The Company will combine over 1,000 employees between the two organizations.

PinnergyShalewater will be one of the largest providers of a complete water and fluid management solution under a single point of contact. Oil and gas producers will benefit from an increase in efficiencies and cost savings through the use of the total water management service offering.

See also:

"Oil and Gas: Dynamic Treatment Challenges Abound in Vast, Booming Industry"

"Water quality regs at U.S. shale oil, gas sites outlined at online database"


About Pinnergy


Headquartered in Austin, Texas, Pinnergy is a professionally managed oilfield service company, providing a suite of drilling, completion and production related services in several major U.S. onshore oil and gas producing regions. Pinnergy offers a wide array of fluid services, oil & gas waste disposal services, drilling services and rental services to the energy industry, including fluid hauling and vacuum trucks, frac tank rental, surface casing drilling, conductor drilling, cellar, rat & mouse hole drilling, water-well drilling and generator, water-line and pump rental. For more information, visit www.pinnergy.com.

About Shalewater Solutions

Shalewater Solutions provides solutions for the complex water issues faced by oil and natural gas producers in shale plays nationwide. Shalewater provides water management services including water recycling, water transfer and storage, and water logistics management. Shalewater's smart application of technology utilizes its Coagulization™ process and patent-pending equipment design to solve the most challenging water treatment problems. Shalewater marketed ShaleApps™, a water logistics software solution and mobile app that provides real-time water accounting and regulatory reports. For more information, visit www.shalewater.com.

###

Sponsored by

TODAY'S HEADLINES

NSF International appoints new GM of Drinking Water Filtration Products

NSF International recently announced that it has appointed Tina Yerkes, Ph.D., to general manager of Filtration Products under its Global Water Division.

First USDA forecast reveals normal water supply for much of West

According to new data from the first 2015 forecast by the U.S. Department of Agriculture's National Water and Climate Center, a normal water supply is predicted for much of the West, while the Southwest, Sierra Nevada region and Pacific Northwest are beginning drier than normal.

San Diego Public Utilities Department earns Public Outreach and Education Achievement Award

The California Association of Sanitation Agencies has honored the City of San Diego Public Utilities Department with the Public Outreach and Education Achievement Award for its Water Purification Demonstration Project's public outreach program.

EPA proposal to strengthen nation's oil spill response, preparedness level

The Environmental Protection Agency has announced that it is proposing to amend requirements of Subpart J under the National Oil and Hazardous Substances Pollution Contingency Plan to improve the nation's ability to plan for and respond to oil spills. 

FOLLOW US ON SOCIAL MEDIA