De Nora Water Technologies has acquired a majority interest in Texas-based water service company Neptune Enterprises LLC, forming De Nora Neptune LLC.
De Nora Neptune has specialised in “on-the-fly” frac water treatment and produced water recycling in the unconventional oil and gas industry since 2012.
As the service arm of De Nora, De Nora Neptune can directly serve the industry and provide on-the-ground support to existing technology customers within the Permian Basin and beyond.
“Our partnership with Neptune has enabled us to deliver more than just the technology, but also that technology as a service to our customers,” said Bryan Brownlie, managing director of De Nora Water Technologies Texas LLC. “Further solidifying that partnership will provide better customer service, and critically better economics to the market, saving operators money every barrel. We are excited about the path forward as we continue to work together.”
Alex Gonzalez, president of Neptune Solutions Co, said: “The operators have challenged all water treatment companies to find the best solution based on price, safety and effectiveness. This acquisition is bringing them exactly what they have asked for: the safest technology, complete bacteria kill and the lowest price in the industry. This is really good news for all operators.”