American Oil and Gas Reporter - January 2020 - 109

IndustryFocus: Companies, People and Products
Oilfield Water Logistics Buys Permian Pipelines
DALLAS-Oilfield Water Logistics
(OWL) announces it has acquired from a
major Permian Basin oil producer 23
saltwater disposal wells and 300 miles
of water gathering pipelines in New Mexico's Delaware Basin.
The seller also entered a long-term
contract with OWL for water infrastructure
solutions, the company says.
"This acquisition complements our
current operations in the northern

Delaware Basin, doubling OWL's footprint and enhancing our capabilities and
long-term value proposition for customers," describes Chris Cooper, OWL's
chief executive officer. "We are proud to
partner with North American producers
to deliver safe, reliable and sustainable
solutions that help customers achieve
new efficiencies and best practices."
For more information, visit www.oilfieldwaterlogistics.com.
r

Graco Acquires Provider Of Fishing, Rental Tools
FRISCO, TX.-Graco Fishing & Rental
Tools Inc. says its acquisition of Gravity
Oilfield Services' fishing and rental division makes it the largest family-owned
and operated fishing and rental tool company in the U.S. oil market.
The transaction will substantially increase Graco's offering in the Permian
Basin as well as bring the company into
the southeastern United States through a
location in Mississippi's Tuscaloosa Basin,

Milestone Opens Facility
For Midland Basin Waste
HOUSTON-Milestone Environmental
Services has opened a slurry injection
facility in Howard County, Tx., to serve
the northern Midland Basin.
The facility is eight miles north of
Big Spring, Tx., near the intersection of
U.S. Highway 87 and FM 1584. It accepts
drilling, completion and production waste
streams, and provides full-service truck
and fracture tank washouts, Milestone
describes.
"Milestone is committed to positioning our facilities near customers to
provide a cost-efficient and environmentally responsible option for oil field
waste disposal," says Gabriel Rio, the
company's president and chief executive
officer. "Our newest facility in Big
Spring is located conveniently in close
proximity to rig sites in the northern
Midland Basin, addressing the demand
for waste disposal solutions in this
high-producing area."
Big Spring is Milestone's eighth
slurry injection facility in Texas, the
company says, adding that it opened its
first landfill facility in Orla, Tx., in December.
For more information, visit www.milestone-es.com.
❒

Graco says. According to the company,
the acquisition expands its team by 80
employees and covers five locations: operations bases in Laurel, Ms., Midland,
Snyder, Tx., and Hobbs, N.M., as well as
a support base in Odessa, Tx.
"I am excited to acquire such a formidable competitor and look forward to
building on the legacies of our two companies," Graco President Jon Rambo says.
"Joining these companies will not only
bring their skill and extensive fishing and
rental knowledge to the forefront for all
our customers, but also provide market
access to one of the most prolific oil and
gas basins in the United States."
For information, visit www.gracosvcs.com.
r

World Petroleum Congress
Confirms Plenary Speakers
HOUSTON-The 23rd World Petroleum Congress, which is scheduled to be
held Dec. 6-10 in Houston, will feature
presentations from domestic and international bellwethers, event organizer
World Petroleum Council says.
According to the council, the plenary
speakers from operators include:
· Michael K. Wirth, chairman and
chief executive officer of Chevron;
· Eldar Sætre, president and CEO of
Equinor;
· Darren Woods, chairman and CEO
of ExxonMobil;
· Mele Kolo Kyari, group managing
director for NNPC;
· Roberto Castello Branco, CEO of
Petrobras;
· Kamel Eddine Chikhi, CEO of
Sonatrach;
· Patrick Pouyanné, chairman and
CEO of Total; and
· Peter Coleman, CEO of Woodside.
The services segment has strong representation as well, the World Petroleum
Council says, with presentations from
Baker Hughes Chairman and CEO Lorenzo Simonelli and Halliburton President
and CEO Jeff Miller.
For more information, visit
www.wpc2020.com.
❒

Summit Explores Trends Shaping Industry's Future
SAN ANTONIO-The country's energy
leaders will come together to discuss the
industry's current state and plan for the
future at the EnergyShip Summit, Feb.
27-29 at the Mountain Shadows Resort
in Scottsdale, Az., according to event organizer Holliday Energy Law Group.
Attendees will gain access to worldclass thought leaders in the fields of artificial intelligence, data, engineering, markets and leadership, Holliday says. Presenters include:
· Allen Gilmer, founder of Enverus
(formerly Drillinginfo), on how data is
reshaping what is possible;
· Ehsan Davani, a reservoir engineering team lead at QRI, on how AI and
machine learning can help operators gain
a competitive advantage;
· Efe Ejodomi, a petroleum engineer
from Schlumberger, on how well spacing
is affecting various basins' economics
and productive capacity;
· Will Cullen, vice president of Longpoint, one of the largest institutional min-

eral owners in the United States, on where
the industry is headed from a long-term
investor's perspective; and
· David Ramsden-Wood, a principal
at Prevail Energy and investor at large,
on public and private capital markets.
The event also will offer leadership
advice from Warren Rustand, past chairman of the World Presidents' Organization, Holliday describes. In addition,
Andrew Fastow, former chief financial
officer of Enron, will explain why ethical
violations occur and why it is vital to
follow ethics principles rather than rules,
particularly when what is possible outpaces regulations.
For more information, visit energyshipsummit.com.
❒

Coming In February
IOGA Convention Section
JANUARY 2020 109


http://www.oilfieldwaterlogistics.com http://www.oilfieldwaterlogistics.com http://www.gracosvcs.com http://www.gracosvcs.com http://www.wpc2020.com http://www.energyshipsummit.com http://www.energyshipsummit.com http://www.milestone-es.com http://www.milestone-es.com

American Oil and Gas Reporter - January 2020

Table of Contents for the Digital Edition of American Oil and Gas Reporter - January 2020

Contents
American Oil and Gas Reporter - January 2020 - Intro
American Oil and Gas Reporter - January 2020 - 1
American Oil and Gas Reporter - January 2020 - 2
American Oil and Gas Reporter - January 2020 - Contents
American Oil and Gas Reporter - January 2020 - 4
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