Solaris Midstream Subsidiary Merges with Water Midstream Partners
Solaris Midstream closed a transaction to merge the operations of Water Midstream Partners (WMP), into Solaris Water Midstream, a subsidiary of Solaris Midstream. Solaris Water will provide water gathering and disposal services to more than 20 E&P operators who have dedicated about 50,000 acres to Solaris Water’s assets in the Midland Basin of West Texas.
WMP’s current president, B.G. Clark, will become the chief operating officer of Solaris Water and will oversee day-to-day operations. Over the past eight years, Clark has overseen the development and operations of more than 120 miles of commercial saltwater pipeline systems connected to networks of multiple saltwater disposal wells (SWD).
The WMP assets include more than 35 miles of commercial saltwater gathering pipelines serving multiple producers in Midland, Howard, Martin and Dawson counties. The gathering systems are connected to multiple SWDs, including two WMP-operated SWDs. Prior to the merger, Solaris Water began developing a saltwater gathering and disposal system in Midland County, including a high-capacity SWD in the Ellenburger formation. Solaris Water’s Midland County system will be connected to WMP’s Midland County system, creating a system with 100,000 bpd of disposal capacity. The combined systems will be known as the Solaris North Midland County Saltwater Disposal System.
Solaris Water has over 200 miles of commercial saltwater gathering pipelines under development throughout the Midland and Delaware basins, including planned expansion of the WMP systems.
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