TexCom, Inc., an environmental services company for the oil and gas industry, today announced that its new liquid disposal site, owned and operated by its wholly owned subsidiary Eagle Ford Environmental Services, LLC (EFES), is now open for business and actively engaged in the responsible disposal of salt water generated by oilfield drilling operations in the Eagle Ford Shale.
"The official launch of our EFES operations marks an important milestone for TexCom -- and one that is expected to trigger a notable increase in revenues for our Company as we expand our operations and range of services in the Eagle Ford Shale," stated Lou Ross, Chairman, President and CEO of TexCom.
Located adjacent to Highway 16, 18 miles south of Jourdanton, Texas and three miles north of McMullen County, TexCom's new disposal site is positioned in the very heart of the Eagle Ford Shale, a prolific oil and gas producing region in South Texas. Initially accepting salt water for injection disposal, EFES plans to soon expand services at the site to include the processing and disposing of frack water and providing truck wash-out services.
Continuing, Ross noted, "At the end of November 2011, rig count in the Eagle Ford Shale had risen to 264, or roughly 14% of all active onshore rigs in the United States. To put that in better perspective, there were only 20 rigs active in the play two years ago. Consequently, the demand for environmental services in this region has swelled proportionately, and should play a material role in TexCom's growth for years to come."
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