It never hurts to get another company to invest in your operation. The Denver, Colorado based Gradiant Energy Services, a firm focused on integrated water management solutions in the energy industry says it has secured a capital investment from a Texas company.
The investment is by Turnbridge Capital, LLC, a firm with offices in Dallas and Houston. Gradiant executives say the investment will help them in the execution of new contracts and expansion into multiple basins across the country.
Gradiant is focused on three product and service lines. Selective Chemical Extraction is a clean brine treatment service that allows for refuse of flowback and produced water in fracking. Carrier Gas Concentration is a mobile evaporative disposal service that targets disposal of constrained environments. Free radical Disinfection is a fully mobile disinfection service for exploration and production operators.