RRIG Water Solutions, a branch of Fort Worth-based RRIG Energy, acquired a 475-mile pipeline from Oilfield Water Logistics. It can deliver up to 2.3 million barrels of water per day to the shale development of the Permian basin.
The acquisition expands the capabilities of RRIG Water Solutions in this largest shale area in the US and will allow it to fully oil and gas companies in the region with sufficient water for fracturing operations, World Oil reports .
“By delivering water directly to the wells through pipelines instead of carrying it in tank trucks, we will seriously help oil producers reduce drilling costs, as well as increase the safety of the development in terms of environmental impact,” said Stratton Haley, President RRIG Water Solutions.
It’s about building offtake water pipelines, and shale oil producers have to go to the costs now if they want to reduce them in the future. So, the company WaterBridge Resources by the end of 2018 will build more than 300 kilometers of drainage systems, the total capacity of which will be 300 thousand barrels per day.