-+ 0.00%
-+ 0.00%
-+ 0.00%
Select Water Solutions Signs 7-Year Agreement With Unnamed Public Operator For Conveyance Of 14 Saltwater Disposal Wells, Development Of New Pipeline In Northern Delaware Basin
Share
Listen to the news

Select Water Solutions, Inc. (NYSE: WTTR) ("Select," the "Company," "we" or "us"), a leading provider of sustainable water and chemical solutions, today announced its financial and operating results for the quarter ended June 30, 2026.

In the second quarter of 2026, Select signed a seven-year agreement with a large public operator (the "Operator") for produced water transportation across Select's Northern Delaware Basin infrastructure footprint. Under the agreement, the Operator has conveyed 14 saltwater disposal well facilities and related assets to Select in Lea and Eddy Counties, New Mexico. Additionally, Select has agreed to construct 19 miles of large-diameter pipeline to tie into Select's existing Northern Delaware Basin network to transport, recycle and/or dispose of the Operator's produced water in the region. The agreement is supported by a sizable 128-million-barrel minimum volume commitment ("MVC") over the seven-year contract period. The full project is expected to cost approximately $25$30 million and be operational within the next twelve months.

 

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending