Houston-based Stallion Oilfield Services Ltd. has wrapped up its acquisition of nearly all of the assets of Basin Wastewater Solutions LLC, a firm based in Carlsbad, New Mexico.
Basin is a leading provider of rig site potable water and wastewater recycling services in the entirety of the Permian Basin.
Stallion indicated the purchase allows it to enhance its services to existing customers. Stallion will also rebrand the Basin Service under Stallion Remote Treatment.
David Mannon, Stallion’s Chief Executive Officer, stated that, “Effluent and treated waste streams can now be recycled into the drilling and completions fluid life cycle. This process provides efficiencies to Stallion’s customers, drastically reduces on-site water requirements, and contributes to safer communities by reducing truck traffic to and from well sites.”
“Basin has a track record of innovation, environmental stewardship, high customer satisfaction, and dependable value,” said Justin Moulton, Basin’s founder and managing member. Mr. Moulton continued, “We believe that by combing our forces with Stallion and Stallion’s reputation, deep customer relationships and seasoned management team, we will be able to accelerate the deployment and adoption of our industry leading services.”
Stallion is one of the largest providers of surface equipment rentals and logistics in North America with over 1,200 employees and approximately 60 locations.