WaterBridge Announces Open Season on Long-Haul Produced Water Pipeline to Central Basin Platform
WaterBridge has launched an open season for the construction of the Speedway Pipeline, consisting of dual 30-inch pipelines that will connect the Northern Delaware Basin to the Central Basin Platform. The project aims to transport produced water from Eddy and Lea counties to pore space owned by LandBridge Company (NYSE: LB).
The open season runs from April 1, 2025, to May 1, 2025. The pipeline system will access approximately 1 million bpd of approved capacity on the Central Basin Platform, providing access to over 4 million bpd of contiguous pore space. The project, scheduled for completion in Q4 2025, addresses rising pore pressures in high-activity areas and aims to enhance flow assurance and redundancy for customers.
WaterBridge ha avviato una stagione aperta per la costruzione del Speedway Pipeline, composto da due tubazioni da 30 pollici che collegheranno il Northern Delaware Basin al Central Basin Platform. Il progetto mira a trasportare acqua prodotta dai distretti di Eddy e Lea nello spazio poroso di proprietà della LandBridge Company (NYSE: LB).
La stagione aperta si svolgerà dal 1 aprile 2025 al 1 maggio 2025. Il sistema di tubazioni avrà accesso a circa 1 milione di barili al giorno di capacità approvata sulla Central Basin Platform, fornendo accesso a oltre 4 milioni di barili al giorno di spazio poroso contiguo. Il progetto, previsto per il completamento nel quarto trimestre del 2025, affronta l'aumento delle pressioni porose nelle aree ad alta attività e mira a migliorare l'assicurazione del flusso e la ridondanza per i clienti.
WaterBridge ha lanzado una temporada abierta para la construcción del Speedway Pipeline, que consiste en dos tuberías de 30 pulgadas que conectarán la Cuenca del Delaware del Norte con la Plataforma de la Cuenca Central. El proyecto tiene como objetivo transportar agua producida de los condados de Eddy y Lea al espacio poroso propiedad de LandBridge Company (NYSE: LB).
La temporada abierta se llevará a cabo del 1 de abril de 2025 al 1 de mayo de 2025. El sistema de tuberías tendrá acceso a aproximadamente 1 millón de barriles por día de capacidad aprobada en la Plataforma de la Cuenca Central, proporcionando acceso a más de 4 millones de barriles por día de espacio poroso contiguo. El proyecto, programado para completarse en el cuarto trimestre de 2025, aborda el aumento de las presiones porosas en áreas de alta actividad y tiene como objetivo mejorar la garantía de flujo y la redundancia para los clientes.
WaterBridge는 Speedway Pipeline 건설을 위한 오픈 시즌을 시작했습니다. 이 파이프라인은 30인치 이중 파이프라인으로 구성되어 있으며, 노던 델라웨어 분지를 중앙 분지 플랫폼과 연결합니다. 이 프로젝트는 에디 카운티와 리 카운티에서 생산된 물을 LandBridge Company (NYSE: LB) 소유의 공간으로 운송하는 것을 목표로 하고 있습니다.
오픈 시즌은 2025년 4월 1일부터 2025년 5월 1일까지 진행됩니다. 이 파이프라인 시스템은 중앙 분지 플랫폼에서 승인된 용량의 약 100만 배럴을 접근할 수 있으며, 400만 배럴의 인접한 공간에 대한 접근을 제공합니다. 2025년 4분기 완료 예정인 이 프로젝트는 높은 활동 지역의 증가하는 공간 압력을 해결하고 고객을 위한 흐름 보장과 중복성을 향상시키는 것을 목표로 하고 있습니다.
WaterBridge a lancé une saison ouverte pour la construction du Speedway Pipeline, composé de deux pipelines de 30 pouces qui relieront le Northern Delaware Basin à la Central Basin Platform. Le projet vise à transporter de l'eau produite des comtés d'Eddy et de Lea vers l'espace poreux appartenant à LandBridge Company (NYSE: LB).
La saison ouverte se déroulera du 1er avril 2025 au 1er mai 2025. Le système de pipelines aura accès à environ 1 million de barils par jour de capacité approuvée sur la Central Basin Platform, offrant un accès à plus de 4 millions de barils par jour d'espace poreux contigu. Le projet, prévu pour être achevé au quatrième trimestre 2025, répond à l'augmentation des pressions dans les pores dans les zones à forte activité et vise à améliorer l'assurance de flux et la redondance pour les clients.
WaterBridge hat eine offene Saison für den Bau der Speedway Pipeline gestartet, die aus zwei 30-Zoll-Pipelines besteht, die das Northern Delaware Basin mit der Central Basin Platform verbinden werden. Das Projekt zielt darauf ab, produziertes Wasser aus den Bezirken Eddy und Lea in den von LandBridge Company (NYSE: LB) besessenen Porenraum zu transportieren.
Die offene Saison läuft vom 1. April 2025 bis zum 1. Mai 2025. Das Pipeline-System wird Zugang zu etwa 1 Million Barrel pro Tag an genehmigter Kapazität auf der Central Basin Platform haben und den Zugang zu über 4 Millionen Barrel pro Tag an zusammenhängendem Porenraum bieten. Das Projekt, das für die Fertigstellung im vierten Quartal 2025 geplant ist, geht auf steigende Porendrucke in stark aktiven Bereichen ein und zielt darauf ab, die Flussabsicherung und Redundanz für die Kunden zu verbessern.
- Large-scale infrastructure project addressing critical water handling capacity needs
- Access to 1 million bpd approved capacity with potential for 4 million bpd
- Strategic solution for high-activity areas experiencing rising pore pressures
- Enhanced flow assurance and redundancy for customers
- Significant capital expenditure required for dual pipeline construction
- Project completion not until Q4 2025
- Success dependent on securing commitments during open season
Insights
The Speedway Pipeline project marks a strategic expansion for LandBridge (LB) in the critical produced water management sector. The dual 30" pipelines will create a valuable connection between high-activity drilling areas in Eddy and Lea counties and LB's considerable pore space assets in the Central Basin Platform.
This infrastructure addresses a growing operational challenge in the Northern Delaware Basin where rising pore pressures are creating disposal constraints. By leveraging their affiliate relationship with WaterBridge and their substantial surface ownership with permitted capacity, LB is positioning itself as an essential service provider in one of the most active drilling regions in North America.
The pipeline's 1MM bpd capacity and connection to over 4 million bpd of contiguous pore space represents significant scale in the produced water handling market. The timing of this open season, seeking commitments now for a Q4 2025 in-service date, aligns with operator planning cycles and could secure long-term contractual commitments that generate predictable revenue streams.
This project effectively transforms LB's surface ownership and pore space rights into a high-value commercial asset with recurring revenue potential, while simultaneously addressing a critical infrastructure need for the broader Permian Basin oil and gas industry.
WaterBridge's Speedway Pipeline addresses one of the most pressing challenges facing Delaware Basin producers today: the sustainable management of rapidly increasing produced water volumes. As hydrocarbon production has grown in southeastern New Mexico, the resulting water production has overwhelmed local disposal capacity, creating operational bottlenecks and raising environmental concerns.
The dual 30" design provides both redundancy and capacity - critical factors for operators who can't afford disposal interruptions that could halt production. By connecting high-activity areas experiencing pore pressure constraints to the relatively undeveloped Central Basin Platform, this project offers a solution to an existential problem for many producers.
Particularly noteworthy is the scale of permitted capacity accessible through this project. With 1MM bpd of approved capacity and access to over 4 million bpd of contiguous pore space through LandBridge's surface ownership, this represents one of the most significant water infrastructure projects in the Permian Basin.
For operators in Eddy and Lea counties, this project offers the prospect of long-term flow assurance for their produced water streams, potentially extending the economic viability of their development programs by removing a critical constraint. The Q4 2025 timeline allows producers to incorporate this solution into their medium-term development planning.
Dual 30” pipelines will provide access to over 4 million bpd of contiguous pore space with majority of active permits located on the Central Basin Platform
Anticipated in-service date of 4Q25
The Speedway Pipeline will consist of dual 30” pipelines extending across the
“The Speedway Pipeline addresses the critical need for produced water handling capacity in the Northern Delaware Basin,” said Michael “Chop” Reitz, President and Chief Operating Officer of WaterBridge. “By connecting southeastern
The anticipated route for the Speedway Pipeline is shown on the enclosed map.
Additional information and open season documents, including the transportation services and confidentiality agreements, are available to potential customers through the following website link: https://h2obridge.com/contact-us/speedway/
For any other information, please submit requests via email to speedway@h2obridge.com.
About WaterBridge
NDB Midstream LLC is a strategic partnership between Five Point Energy and Devon Energy Corp. (NYSE: DVN) that operates large-scale produced water transportation, handling, recycling and reuse assets in the
WaterBridge Operating LLC is a portfolio company of Five Point Energy and GIC that operates large-scale produced water transportation, handling, recycling and reuse assets in the
Collectively, WaterBridge handles approximately 2.4 million bpd of produced water and owns approximately 4.2 million bpd of produced water handling capacity along with 2,400 miles of pipeline. Headquartered in
About LandBridge
LandBridge owns more than 276,000 surface acres across
About Five Point Energy
Five Point Energy is a private equity firm focused on building businesses within the environmental water management, surface management, and sustainable infrastructure sectors. The firm was founded by industry veterans who have had successful careers investing in, building, and running midstream infrastructure companies. Five Point’s strategy is to buy and build assets, create companies, and grow them into sustainable enterprises with premier management teams and industry-leading E&P partners. Based in
View source version on businesswire.com: https://www.businesswire.com/news/home/20250401236710/en/
Scott McNeely
Chief Financial Officer
WaterBridge
Contact@h2obridge.com
Media
Daniel Yunger / Nathaniel Shahan
Kekst CNC
daniel.yunger@kekstcnc.com / nathaniel.shahan@kekstcnc.com
Source: NDB Midstream and WaterBridge Operating LLC
FAQ
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