Pinnergy Ltd. and Shalewater Solutions LLC have formed a joint venture (JV) to provide complete, integrated water management solutions to support oil and gas operations throughout the US shale basins.
The JV will operate under the name PinnergyShalewater LLC and will be based in Austin, Texas. It combines Pinnergy’s large geographic footprint and significant asset base with the water management and reclamation expertise of Shalewater Solutions. The company will leverage the combined expertise of 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 unprecedented increase in efficiencies and cost savings through comprehensive water management service offerings.