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

May 14, 2014
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.
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 Recommendations

NFPA 70B a Step-by-Step Guide to Compliance

NFPA 70B: A Step-by-Step Guide to Compliance

How digital twins drive more environmentally conscious medium- and low-voltage equipment design

Medium- and low voltage equipment specifiers can adopt digital twin technology to adopt a circular economy approach for sustainable, low-carbon equipment design.

MV equipment sustainability depends on environmentally conscious design values

Medium- and low voltage equipment manufacturers can prepare for environmental regulations now by using innovative MV switchgear design that eliminates SF6 use.

Social Distancing from your electrical equipment?

Using digital tools and apps for nearby monitoring and control increases safety and reduces arc flash hazards since electrical equipment can be operated from a safer distance....