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

Recipients of prestigious CG/LA 2014 Project of the Year Awards announced

CG/LA Infrastructure recently announced the recipients of its prestigious 2014 Projects of the Year Awards during the 6th North American Strategic Infrastructure Leadership Forum held in the nation's capital.

Major water distribution contract approved in city of San Antonio

Today in a unanimous vote, the San Antonio City Council approved a contract between the San Antonio Water System and Vista Ridge Consortium to bring 16.3 billion gallons of new non-Edwards Aquifer water to San Antonio annually for 30 years.

New Ontario, Chinese partnership to unlock market opportunities for energy, water innovation

The Advanced Energy Centre, Water Technology Acceleration Project and China Energy Conservation and Environmental Protection Group have announced an MOU signing to explore deployment opportunities for Ontario's advanced energy and water technologies in China.

VIDEO: Desalination global news round-up

Join WWi Chief Editor Tom Freyberg for a round-up of the latest desalination industry news from the last two weeks. Watch the video for the full stories…

FOLLOW US ON SOCIAL MEDIA