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Select Water Solutions Amends Delaware Basin Water Agreement for 12-Year Expansion

Select Water Solutions logoSelect Water Solutions
Sig2.86Sen+3.24Env-0.03Soc+0.36Gov+0.29

Select Water Solutions amended and expanded an existing Delaware Basin water agreement, adding new development areas, increasing certain fixed pricing terms, and extending the term by 12 years. The backed buildout includes about 100 miles of pipelines, 3 million bbl of storage, and 60,000 b/d of additional recycling capacity, expected to cost roughly $100–$120 million and run by end-2027. The operator also grants Select an exclusive option to take assignments of multiple saltwater disposal wells.

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