American Oil and Gas Reporter - July 2016 - 50
SpecialReport: Private Equity Strategies
Waste Disposal
Private equity has enabled Milestone Environmental Services to expand from four waste
disposal facilities to seven since 2014. The company says its latest facility, a slurry injection site in the Permian Basin, employs a new design that gets trucks in and out more
quickly.
and condensate. He adds that the team has
significant experience working with technologies to reuse produced water.
According to Stephens, WaterBridge is
comfortable operating in a range of basins,
provided the anchor tenant has good cred-
it. "We would love to be in the Eagle Ford,
the Permian Basin, the South Central
Oklahoma Oil Province (SCOOP) and
Sooner Trend Anadarko Canadian and
Kingfisher (STACK) plays, and the Bakken
Shale," he concludes.
The predecessor to Milestone Environmental Services pioneered a cost-effective
and safe process for building and operating disposal wells that can accept everything from produced water to oil-based
drilling mud and production tank bottoms,
relates Milestone president and CEO
Gabriel J. Rio.
"The slurry injection process we use is
well suited to extremely dirty fluids that
would not be appropriate for a saltwater
disposal well," he says. "These fluids
might otherwise be sent to an oil field
waste landfill, which would need to either
add drying agents or use mechanical
equipment to separate the solids and liquids. Both processes are more expensive
than slurry injection.
"From an environmental perspective,
slurry injection is the better choice," he
adds. "Instead of keeping waste close to
the surface, where it is more likely to interact with the biosphere and usable environment, injection puts the waste thousands
of feet below ground. In almost all of our
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50 THE AMERICAN OIL & GAS REPORTER
American Oil and Gas Reporter - July 2016
Table of Contents for the Digital Edition of American Oil and Gas Reporter - July 2016
Contents
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American Oil and Gas Reporter - July 2016 - Contents
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