NGL Energy Partners LP Announces Collaboration to Increase Recycled and Reused Produced Water Volumes
NGL Energy Partners LP (NYSE: NGL) has partnered with XRI Holdings, LLC to enhance full-cycle produced water management in the Delaware Basin. NGL operates the largest integrated produced water pipeline system, managing over 1.8 million barrels per day. XRI, the leading produced water recycling company in the Permian Basin, manages more than 1.2 million barrels per day. This collaboration leverages NGL's resources and XRI's recycling expertise, addressing the rising need for sustainable water use in completions activities while allowing both companies to operate independently.
- Partnership with XRI enhances water management capabilities.
- Access to XRI's recycling technology may increase operational efficiency.
- Collaboration addresses growing demand for sustainable water solutions.
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This collaboration will benefit from each company’s unique characteristics by leveraging existing infrastructure assets, technology, and experience. Supported by NGL’s large volumes of produced water resource and XRI’s specialized recycling expertise, this collaboration will address the greatly increasing demand for sustainable use of produced water in our customers’ completions activities.
The flexible, non-exclusive nature of this joint effort allows each company to continue to operate produced water reuse and recycling activities independent of one another.
“NGL remains steadfast in our commitment to delivering full-lifecycle water management for our customers while remaining focused on the environment and the sustainability of our operations,” commented
NGL owns and operates the largest integrated network of large diameter wastewater pipelines, disposal wells and produced water handling systems in the
XRI is the leading water resource management and optimization company focused on the recycling and re-use of produced water for the upstream oil and gas industry, providing critically important ESG solutions to its franchise-quality customers. XRI maintains over 400 miles of midstream infrastructure, patented treatment technology, and more than 30 recycling facilities in the core operating regions of the
Forward Looking Statements
Certain matters contained in this press release include “forward-looking statements.” All statements, other than statements of historical fact, included in this press release may constitute forward-looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we cannot assure you that these expectations will prove to be correct. These forward-looking statements are subject to certain known and unknown risks and uncertainties, as well as assumptions that could cause actual results to differ materially from those reflected in these forward-looking statements. Factors that might cause actual results to differ include, but are not limited to, the risk factors discussed from time to time in each of our documents and reports filed with the
Readers are cautioned not to place undue reliance on any forward-looking statements contained in this press release, which reflect management’s opinions only as of the date hereof. Except as required by law, we undertake no obligation to revise or publicly release the results of any revision to any forward-looking statements.
About
For further information, visit NGL’s website at www.nglenergypartners.com.
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Investor Relations, 918-481-1119
investorinfo@nglep.com
Commercial:
Senior Vice President & Chief Operating Officer – NGL Water Solutions
Christian.Holcomb@nglep.com
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