Water Treatment | New Company / Start-Ups | Capital Markets | Water Managment & Disposal
New Midstream Co. Forms; Focuses on Water Infrastructure in Midland Basin
Email
Print 
Bookmark
Newly-formed Martin Water Midstream LLC and its affiliates will focus operations in Martin County, TX through a robust water grid, including:
- fixed pipe infrastructure, gathering and transporting produced water from the wellsite to multiple recycling facilities
- treating the PW with an industry-leading partner with a proven recycling technology
- reselling the treated PW to E&P Operators for reuse with subsequent oil and gas drilling needs
Management Team
The MWM management team is led by Co-CEOs Matthew Morgan and Stephen Johnson and has, collectively, over 100 years of experience, both in water management and in operations for E&P Operators.
Previously, Mr. Morgan founded a PW mobile recycling company, and Mr. Johnson founded and was CEO and Vice Chairman of WaterBridge Resources, a water management company backed by Five Point Energy.
Jackson Walker LLP acted as legal advisor to MWM.
Related Categories :
New Company / Start-Ups
More New Company / Start-Ups News
-
Vitol, ATX Form New E&P; Focus on Delaware, Williston Basins
-
PE Firms Splash Money on New E&P Companies As Oil Prices Rise -
-
New E&P Scores $500 Million; Looking For Assets -
-
Kayne Anderson Fuses Anadarko Basin Portfolios into New Entity -
-
New E&P Scores Capital from Private Equity Firm; Heads to Anadarko Basin -
Permian News >>>
-
Sitio Royalties Fourth Quarter, Full Year 2022 Results; IDs 2023 Guidance -
-
Earthstone Energy Talks 2022 Results; Plans Five-Rig Program for 2023 -
-
Riley Exploration Permian 4Q22 Results; 2023 Capital Plan -
-
ExxonMobil Fourth Quarter, Full Year 2022 Results -
-
ConocoPhillips Fourth Quarter, Full Year 2022 Results; IDs $11B 2023 Capex -
