Water Midstream Partners Announces Expansion in Howard County, Texas

Midland, TX, August 25, 2016 (Newswire.com) - ​​Water Midstream Partners, LLC (“Water Midstream”) announces the expansion of its Howard County Saltwater Gathering System to support new horizontal development of an existing customer’s Howard County acreage. Initially constructed in 2014, a recent expansion to Water Midstream’s Howard County System has begun flowing water from new horizontal Lower Sprayberry wells, raising the daily volume in the system to more than 10,000 bpd. An additional extension and mainline upgrades to the Howard County system will support an additional 15,000 bpd from multi-well pads in early Fall, 2016. At its peak flow, this segment of the system will move the equivalent of 330 truck trips per day.

After two years of operation in Howard County, Water Midstream’s Howard County Pipeline system is set to have a record month in August, reaching nearly 300,000 barrels of saltwater from multiple producers. With drilling and completion activity increasing across the basin, August is also on track to be a record month for Water Midstream as a whole, with its Permian Basin pipeline systems exceeding 1,000,000 bbls of water.

According to B.G. Clark, President of Water Midstream Partners, “Our strategy of working with producers who are forward-thinking in reducing lease operating expenses and minimizing their environmental impact is paying off. We build capacity to meet our customers’ peak needs, while providing value every day. We are improving the efficiency of saltwater disposal and making the area safer by reducing the need for water hauling, especially for the high-volume horizontal wells near populated and agriculturally active areas. Our recent success in enabling ‘no-truck flow-backs’ for producers has been particularly well-received.”

About Water Midstream Partners, LLC

Based in Dallas and Midland, Water Midstream currently operates commercial saltwater systems in Midland, Martin, Dawson and Howard Counties that include more than 95 miles of pipeline (40 miles owned commercial pipelines) serving 18 different operators with over 120,000 barrels per day of transportation and disposal capacity. Water Midstream has more than 60 miles of commercial saltwater pipelines in various stages of development throughout the Permian Basin. Led by B.G. Clark, a Permian Basin native, Water Midstream Partners was formed with HBC Investments. For more information, please visit www.watermidstream.com.

About HBC Investments

HBC Investments is a Dallas-based investment company that is open to all forms of investments, from mezzanine to minority equity to control equity in growth-oriented middle-market companies wishing to recapitalize, execute an ownership buyout or fund a growth initiative. The firm focuses on major sectors of the economy including financial services, consumer products, manufacturing, energy and media. HBC combines the best of large firm transaction experience, the personal attention of private investors and significant operational experience from working inside companies to manage private capital that can withstand various economic cycles. For more information, please visit www.hbcinvestments.com.

Source: Water Midstream Partners, LLC