“The development of fully integrated and contiguous produced water pipeline networks, such as our 500,000+ bpd “Super System” in the Northern Midland Basin, has revolutionized water management in the shale plays. By utilizing shared infrastructure, interconnected storage, and multiple takeaway options we have been able to provide our customers with 100% flow assurance while significantly lowering their water costs. Further, by simultaneously reducing carbon emissions from trucking operations and dependence on fresh water through recycling, we are providing tremendous environmental and social benefits to the community as well.”

Interested parties can listen to a live webcast of the presentation by visiting the Wells Fargo website at https://cc.talkpoint.com/well001/121119a_js/?entity=4_UTBPESO. A replay of the webcast will be archived for 30 days and accessible via the News & Resources section of the H₂O Midstream website.

About H₂O Midstream

H₂O Midstream was founded on the vision that water should be treated as a commodity, not a waste, and partners with producers, landowners, and other stakeholders to improve the efficiency, reliability and safety of water operations while lowering costs across the entire value chain. Based in Houston, Texas, with offices in Big Spring and Austin, H₂O Midstream is committed to providing best in class water midstream services to its customers through the use of permanent infrastructure and interconnected gathering, disposal, storage and recycling facilities.

Led by an executive team with over 200 years of collective oil and gas upstream and midstream experience, H₂O Midstream owns and operates the Permian’s only truck-free, third-party produced water hub and pipeline network consisting of more than 1,000,000 barrels of storage and 560,000 barrels per day of permitted disposal capacity from 16 owned and 8 third-party SWDs, all interconnected via 200 miles of pipeline.

H₂O Midstream is funded via a private equity commitment from EIV Capital and co-investments from several of EIV’s institutional partners collectively representing more than $70 billion in assets under management. For more information, visit www.h2omidstream.com.

For the latest news about H₂O Midstream, find us on LinkedIn (H₂O-Midstream-LLC) and Twitter (@H2OMidstream).

Contact:

Darrell Bull, Chief Commercial Officer,
darrell.bull@h2omidstream.com
(918) 688-8892

Think Big: There are some important aspects in the book, The Art of the Deal, that have great relevance to the water midstream [sector]. One of the key points in the book is “Think Big.” Well that’s what is part of the value of the water midstream, providing scale. This scale helps reduce cost, reduce trucking by supplying pipelines, and improve safety.

Another lesson is Total Focus. What is rumored to have resulted from TPG pulling out of its acquisition of Goodnight Midstream was the lack of focus on the Permian basin. If you’re a water midstream [provider], you should be focusing on where you plan on building scale.

Get Great People: The water midstream space is getting crowded. An important way to differentiate yourself in this crowded field is with top-notch talent–not just your executive team, but your operations team. This will be the key to who the winners are within the water midstream sector. Getting the right team to develop and execute your vision isn’t easy, but it will separate the winners from the also-rans.

Get Leverage: Provide Something Others Want. While access to capital is important, providing something that others want for water midstream companies is about reliability, safety record, operational efficiency and, ultimately, trust.

Deliver the Goods: Now think track record, operational record and reputation. Do you deliver on schedule and under budget? What about operational efficiency and reliability? Can you turn all of that into a great uptime number? Delivering the goods is really about providing something that others want or, in other words, giving the operator what it wants, and it wants reliability.

All of these principles from the book are critical to a successful water midstream acquisition.

Produced Water Recycling

...part of H₂O Midstream’s vision is treating produced water as a commodity and not a waste. Sustainability is important to that company. With that core value, they approached us, Hydrozonix, to help develop a more sustainable recycling program with a smaller environmental footprint. It didn’t hurt that we also reduced their cost of recycling by over 50%.

To read more, visit WorldOil.com.