Milestone’s state-of-the-art slurry injection facility in Big Spring boasts six covered bays and is designed to provide customers with a cost-efficient and environmentally responsible option for their oilfield waste disposal needs. (Source: Business Wire)
The Big Spring facility, Milestone Environmental Services’ eighth slurry injection facility in Texas and fifth in the Permian Basin, is now open.
Milestone, an oilfield waste disposal services provider based in Houston, announced the opening of its newest facility in the Permian Basin on Dec. 17. The Big Spring slurry injection facility, located in Howard County, Texas, accepts drilling, completion and production waste streams plus provides full-service truck washouts and frac tank washouts for operators in the northern Midland Basin.
Big Spring is the second of three facilities in Milestone’s previously announced 2019 construction plan, and is the continuation of a multiyear infrastructure development plan to build the largest, most environmentally conscious oilfield waste disposal network in the Permian Basin. The opening of Milestone’s Big Spring facility also comes on the heels of a successful opening of its first landfill facility in Orla, Texas, earlier this month.
“Delivering on our promise, Milestone is committed to positioning our facilities nearby our customers in order to provide them with a cost-efficient and environmentally responsible option for their oilfield waste disposal needs,” Gabriel Rio, president and CEO of Milestone, said in a statement. “Our newest facility in Big Spring is conveniently located in close proximity to rig sites in the northern Midland Basin, addressing the demand for waste disposal solutions in this high-producing area.”
Milestone also operates oilfield waste disposal locations in the Eagle Ford and Haynesville shale plays.
Recommended Reading
Utica Oil E&P Infinity Natural Resources Latest to File for IPO
2024-10-05 - Utica Shale E&P Infinity Natural Resources has not yet set a price or disclosed the number of shares it intends to offer.
Exclusive: How E&Ps Yearning Capital can Stand Out to Family Offices
2024-10-15 - 3P Energy Capital’s Founder and Managing Partner Christina Kitchens shares insight on the “educational process” of operators looking at opportunities in the U.S. and how E&Ps looking for capital can interest family offices, in this Hart Energy Exclusive interview.
Aethon, Murphy Refinance Debt as Fed Slashes Interest Rates
2024-09-20 - The E&Ps expect to issue new notes toward redeeming a combined $1.6 billion of existing debt, while the debt-pricing guide—the Fed funds rate—was cut on Sept. 18 from 5.5% to 5%.
CEO: Breakwall Providing Capital as RBLs ‘Materially’ Decrease
2024-10-09 - Breakwall Capital is stepping in to bridge the gap from the historic days of reserve-based lending, Breakwall Managing Partner and co-CEO Jamie Brodsky said at Hart Energy's Energy Capital Conference in Dallas.
Souki’s Saga: How Tellurian Escaped Ruin with ‘The Pause,’ $1.2B Exit
2024-09-11 - President Biden’s LNG pause in January suddenly made Tellurian Inc.’s LNG export permit more valuable. The company’s July sale marked the end of an eight-year saga—particularly the last 16 months, starting with when its co-founder lost his stock, ranch and yacht in a foreclosure.