Pilot Water Solutions and Oilfield Water Logistics have merged to create a leading water midstream operator in the Northern Delaware Basin, enhancing their operational capabilities and service offerings.
Target Company Information
Pilot Water Solutions LLC (PWS) and Oilfield Water Logistics (OWL) have entered a partnership that will enhance their capabilities in the water midstream sector. This merger combines the strengths of both companies to form a leading operator in the Northern Delaware Basin, specializing in the management of produced water. With operations continuing under the PWS brand, the new organization aims to provide high-quality service in water disposal and recycling.
PWS is recognized as one of the largest midstream saltwater disposal and transportation companies in the United States, with a presence in several major oil and gas basins such as the Appalachian, East Texas, and Permian Basins. OWL, established in 2014, has developed a robust water infrastructure platform focused on the complete midstream water value chain, including gathering, transportation, reuse, and disposal of produced water.
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Industry Overview in the United States
The water midstream industry in the United States has seen significant growth driven by the increasing demand for effective water management in the oil and gas sector. As production rates rise, especially in regions like the Permia
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Pilot Water Solutions LLC
invested in
Oilfield Water Logistics
in 2022
in a Joint Venture deal