STW Resources announces a $7 million pipeline contract in Permian Basin

Close up of two parallel pipelines
Close up of two parallel pipelines

STW Resources Holding Corp, an integrated provider of maintenance and construction of oilfield pipelines, water management, including water processing, desalination, reclamation and remediation, announced on Friday that STW Pipeline has signed a contract with a major midstream pipeline company. The contract is to repair and maintain oil and gas pipelines in the Permian Basin of west Texas over the next twelve months.

The company is a provider of oilfield services, water reclamation and processing management services, and rig cleaning services through its three subsidiaries.

STW Water is a Total Water Solutions Provider Company and provides turnkey design build solutions and provides its Customers with “out-of-the-box” design solutions to meet customer’s water needs. STW Water has capabilities to provide complete oversight of various water and wastewater projects with primary focus on engineering, regulatory permitting, equipment design and treatment process design, manufacturing and installation and full scale commissioning and training for all types of oil & gas, industrial and municipal water and wastewater markets in the State of Texas.

Following the signing of the contract, STW Pipeline is planning to deploy new crews and equipment next week.

STW Pipeline President Adam Jennings stated, “STW Pipeline is poised to grow with new projects and contracts in the second half of this year. The contract with this major midstream company is just the initial business we can get from this customer. We can do this amount of work and increase the business from this customer over the next twelve months significantly. We are also submitting proposals and bids for this type of work from the other mid-stream pipeline companies.”

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