Expedition Water Solutions Acquires Disposal Wells in Wyoming
Greeley, CO – Expedition Water Solutions Colorado LLC (“Expedition”) today announced the acquisition of several Class I disposal wells in Wyoming from Black Bison Water Services LLC. The assets include two Class I oilfield wastewater disposal well facilities and one Class I well permit in the Powder River Basin (“PRB”), as well as one Class I oilfield wastewater disposal well facility in the Denver-Julesburg Basin (“DJ Basin”). In the PRB, Expedition will have 10,000 Bbls/d of immediate capacity and another 10,000 Bbls/d of estimated permitted capacity, for a total existing and estimated permitted capacity of 20,000 Bbls/d.
In the DJ Basin, Expedition will add approximately 2,500 Bbls/d of permitted capacity to its existing 60,000 Bbls/d permitted capacity, bringing total pro forma DJ Basin permitted capacity to 62,500 Bbls/d. “We are excited to expand our footprint into the Powder River Basin. With this acquisition, we will continue to pursue the Expedition standards of excellence, superior service and best-in-class safety. We are excited to service new customers and make a positive impact in the community in Wyoming with our expanded family of employees,” stated Jim Goddard, President of Expedition.
“We are delighted to complete the acquisition of the Black Bison assets. It is our mission to build best-in-class, industrial quality, high volume facilities for our committed customers. These assets provide an excellent base from which to replicate our successful strategy from the DJ Basin in the Powder River Basin,” said Zach Neal, Chief Financial Officer of Expedition.