XRI CEO Matthew Gabriel and President John Durand discuss XRI’s Permian-wide water distribution networks featuring produced water takeaway and large-scale treatment and recycling in the October 2019 issue of Hart Energy’s E&P magazine
XRI Announces New Delaware Basin Water Infrastructure Supersystem
MIDLAND, Texas–XRI Holdings, LLC (“XRI” or the “Company”), a leading water midstream company with owned infrastructure throughout the Permian Basin, announced today the completion of its Northern Delaware Basin Supersystem with water pipeline infrastructure spanning more than 125 miles throughout the core areas of development activity in New Mexico’s Lea and Eddy Counties. The new […]
XRI CEO Matthew Gabriel featured in Houston Chronicle article describing the impact of new laws in Texas and New Mexico which could pump billions of dollars into the Permian Basin’s rapidly growing water recycling industry
Whether by pipeline tanker, truck or hose, more water is moving around the arid Permian Basin than crude oil at any given moment. Water has become the lifeblood of the modern energy industry with hydraulic fracturing using high-pressured slurry of water, sand and chemicals to unlock oil and gas from shale formations in Texas and […]
John R. Durand, XRI President, Analyzes How the Path Carved by Conventional Midstream Paves the Way for Growth and Sustainability in the Water Midstream Industry
The rapid emergence of the water midstream sector has resulted in explosive and transformative growth in a relatively short period of time. This evolution is not surprising given the critical importance that sound and comprehensive water management practices play in extracting a valuable resource in the safest, most environmentally conscious and cost-effective manner possible. Likewise, […]
John R. Durand, XRI President, describes XRI’s recent acquisition of Fountain Quail Water Management and its impact on the company as the industry increasingly looks to recycling to handle growing volumes of produced water
In a departure from its water supply-only strategy, oilfield water services firm XRI has acquired the treatment assets of Fountain Quail Energy Services in a bid to meet growing client demand for produced water recycling services in the US. XRI’s organic growth since 2013 has seen it focus on the supply of non-potable brackish groundwater […]
Douglas A. Park, XRI’s SVP of Corporate Development, Describes University Lands’ (UL) Full Cycle Water Management Program Noting Fountain Quail Water Management’s Selection as a UL Preferred Water Management Provider
Shale Play Water Management Magazine University Lands (UL) is developing a program to facilitate full cycle water management on its oil and gas leases. This effort is intended to create an enhanced economic environment for exploration and production (E&P) companies operating on those lands. The initial scope of the program considered how to optimize the […]
XRI Announces Acquisition of Fountain Quail Water Treatment
MIDLAND, Texas–XRI Holdings, LLC (“XRI” or the “Company”), a leading water midstream company with owned infrastructure throughout the Permian Basin, announced today that it has acquired the water treatment and recycling division of Fountain Quail Energy Services, LLC (“Fountain Quail Water Treatment”). The consideration for the transaction consisted of cash and equity, but specific terms […]
John R. Durand Named President of XRI Holdings, LLC
XRI Holdings, a leading water management and midstream company in the Permian Basin, announced today that John R. Durand has joined the Company’s leadership team as President. Mr. Durand has over three decades of energy experience, having most recently served as President & Chief Operating Officer of WaterBridge Resources, LLC. Prior to joining WaterBridge, John […]
Chris Harich, PhD, XRI’s Chief Operating Officer, Authors article focusing on Water Midstream Planning from a Supply Chain Management Perspective
Planning, developing, and executing an efficient and profitable water plan, whether for a two-well pad or a multiple-well mega pad can be a challenge to anyone in the oil and gas industry. In this article, we will consider how thoughtful planning and a supply chain management approach can improve efficiency and ensure profitability. Read More
Morgan Stanley Energy Partners and XRI Blue Announce Strategic Partnership
MIDLAND, Texas–(BUSINESS WIRE)–Investment funds managed by Morgan Stanley Energy Partners (collectively, “MSEP”), part of Morgan Stanley Investment Management, and Midland, TX-based XRI Holdings, LLC (“XRI Blue” or the “Company”), an affiliate of Entia Ventures, announced today a strategic partnership whereby MSEP has made a majority equity investment in XRI Blue to support the growth of […]