Additionally, Matador conducts midstream operations, primarily through its midstream joint venture, San Mateo, in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and salt water gathering services and salt water disposal
services to third parties.
This included well cleanouts, chemical treatment, shutting in lower producing wells, and plugging two salt water disposal
The acquired assets are adjacent to H2O Midstream's existing operations in Howard County, Texas and consist of over 37 miles of pipeline, nine salt water disposal
wells, four Ellenburger salt water disposal
well permits, and several third-party interconnects.
The parties believe that the Gastar assets will be highly synergistic to their upstream operations as well as to Chisholm's ownership stake in Great Salt Plains Midstream Holdings and its wholly-owned salt water disposal
subsidiary, Cottonmouth SWD.
At closing the Mesquite system will have 35 salt water disposal
wells in total, representing over 1 million barrels per day of disposal capacity expected by end of 2019.
In the oil and gas vertical, Pike has expertise in fixed site property, contractors' equipment, oil lease property, rig physical damage and salt water disposal
Also scheduled on the CBP for 2018 is the continued upgrading of existing infrastructure which will include the drilling of four additional salt water disposal
wells, upgrading and extending the Companys electrical system in Andrews County, and the completion of a gas pipeline.
Permian Water Solutions LLC, a recently formed start-up portfolio company of Chambers Energy Capital, has acquired the majority of the assets and operating business of Pyote Water Solutions LLC, a Midland-based provider of commercial salt water disposal
facilities serving the oil and gas industry in the Permian Basin and Eagle Ford Shale.
By creating direct pipeline connections for salt water disposal
for more than 100 existing and planned wells, the extension will reduce operator costs for saltwater transportation and disposal, and eliminate as many as 300 daily trips by water-hauling trucks on county and state roads.
Their management team boasts an extensive amount of experience in the salt water disposal
arena and we felt it important to incorporate not only their knowledge of the industry, but also their long standing customer and vendor relationships into the future of 5 Star," stated Don Shaver, Managing Member of 5 Star OFS, LLC.
He may have to shut more wells, based on electricity, labor, maintenance and salt water disposal
costs, but said one key concern was meeting the requirements of oil and gas mineral rights.
Aqua Terra Water Management is an independent merchant operator of salt water disposal