{"id":1305,"date":"2021-03-09T15:43:00","date_gmt":"2021-03-09T15:43:00","guid":{"rendered":"http:\/\/pilotwatersolutions.com\/?p=1305"},"modified":"2022-10-26T20:15:21","modified_gmt":"2022-10-26T20:15:21","slug":"pilot-water-solutions-announces-acquisition-of-felix-water","status":"publish","type":"post","link":"https:\/\/pilotwatersolutions.com\/?p=1305","title":{"rendered":"Pilot Water Solutions Announces Acquisition of Felix Water"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1305\" class=\"elementor elementor-1305\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bde26ff elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bde26ff\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b59770a\" data-id=\"b59770a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8e1972b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8e1972b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e1358f9\" data-id=\"e1358f9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1d96e02 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"1d96e02\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Pilot Water Solutions Announces Acquisition of Felix Water<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8c0ba6 elementor-widget elementor-widget-post-info\" data-id=\"f8c0ba6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-d83c61d elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/pilotwatersolutions.com\/?author=1\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-user-circle\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t\t\t\tntgadmin\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-badf813 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/pilotwatersolutions.com\/?m=20210309\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>March 9, 2021<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-c529a14 elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-clock\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-time\">\n\t\t\t\t\t\t\t\t\t\t<time>3:43 pm<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-01876ec elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"01876ec\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3805606\" data-id=\"3805606\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aa81f3d elementor-widget elementor-widget-text-editor\" data-id=\"aa81f3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"xn-location\">HOUSTON<\/span>,\u00a0<span class=\"xn-chron\">March 9, 2021<\/span>\u00a0\/PRNewswire\/ &#8212; Pilot Water Solutions LLC (&#8220;PWS&#8221;) is pleased to announce the acquisition of\u00a0<span class=\"xn-person\">Felix Water<\/span>, LLC (&#8220;<span class=\"xn-person\">Felix Water<\/span>&#8220;), complementing PWS&#8217; premier national water midstream footprint and creating one of the largest water midstream companies in\u00a0<span class=\"xn-location\">the United States<\/span>. This acquisition will add a substantial water midstream footprint in the\u00a0<span class=\"xn-location\">Delaware<\/span>\u00a0Basin to PWS&#8217; premier asset base.<\/p><p>&#8220;We are delighted to finalize the acquisition of\u00a0<span class=\"xn-person\">Felix Water<\/span>, as it significantly strengthens our ability to provide environmentally safe and sustainable solutions to valued customers,&#8221; stated\u00a0<span class=\"xn-person\">Anuj Sharma<\/span>, CEO of PWS. &#8220;With the backing of Pilot Company, PWS is a differentiated player in the industry with a strong balance sheet and a focus on long term, sustainable growth. This acquisition is consistent with our mandate to service our customers through full field development as the most stable, long-term operator in the most economic basins of\u00a0<span class=\"xn-location\">the United States<\/span>.&#8221;<\/p><p>Through this acquisition, PWS will cement its position as one of the largest disposal operators in the Texas Delaware Basin adding the following:<\/p><ul type=\"disc\"><li>Over 1,000 undeveloped, premium drilling locations operated by premier, blue-chip producer counterparties<\/li><li>23 disposal wells<\/li><li>210 miles of produced water pipeline<\/li><li>&gt;500,000 Bw\/d of disposal<\/li><\/ul><p>&#8220;This acquisition is a key piece of our long-term strategy and growth in saltwater disposal and transportation,&#8221; said\u00a0<span class=\"xn-person\">John Tully<\/span>, vice president of strategy and business development at Pilot Company. &#8220;<span class=\"xn-person\">Felix Water&#8217;s<\/span>\u00a0infrastructure will complement existing business lines with fresh water and recycled water delivery systems to serve the needs of our upstream customers.&#8221;<\/p><p>Pro Forma, PWS has a nationwide footprint of 82 saltwater disposal wells, over 350 miles of produced water pipelines, more than 300 vacuum trucks, 1.7 million barrels of water per day of disposal capacity, and 16 source water wells across the Permian, Eagle Ford, Marcellus, Utica and Haynesville.<\/p><p>In the acquisition, Wells Fargo Securities, LLC acted as exclusive financial advisor representing PWS. Jefferies LLC acted as exclusive financial advisor representing\u00a0<span class=\"xn-person\">Felix Water<\/span>.<\/p><p><b>About Pilot Water Solutions<br class=\"dnr\" \/><\/b>Pilot Water Solutions (PWS), a majority-owned subsidiary of Pilot Company, is one of the largest midstream saltwater disposal and transportation companies in the country with operations in the Appalachian,\u00a0<span class=\"xn-location\">East Texas<\/span>, Western Gulf and Permian Basins.\u00a0<\/p><p><b>About Pilot Company<br class=\"dnr\" \/><\/b>Pilot Company keeps\u00a0<span class=\"xn-location\">North America&#8217;s<\/span>\u00a0drivers moving as one of the leading suppliers of fuel and the largest operator of travel centers. Founded in 1958 and headquartered in\u00a0<span class=\"xn-location\">Knoxville, Tennessee<\/span>, Pilot Company supplies more than 11 billion gallons of fuel per year. With more than 1,000 retail and fueling locations across both the Pilot Flying J Travel Center network and the One9Fuel Network, Pilot Company makes road travel easier with a variety of products, amenities and services. The\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091530-1&amp;h=2692982942&amp;u=https%3A%2F%2Fpilotflyingj.com%2F&amp;a=Pilot+Flying+J\" target=\"_blank\" rel=\"nofollow noopener\">Pilot Flying J<\/a>\u00a0Travel Center network includes over 750 locations in 44 states and five Canadian provinces with more than 680 restaurants, 74,000 truck parking spaces, 5,300 deluxe showers, 6,200 diesel lanes and provides truck maintenance and tire service through Southern Tire Mart at Pilot Flying J. The\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091530-1&amp;h=22504411&amp;u=https%3A%2F%2Fone9fuelnetwork.com%2F&amp;a=One9+Fuel+Network\" target=\"_blank\" rel=\"nofollow noopener\">One9 Fuel Network<\/a>\u00a0connects a variety of fuel stops to provide value, convenience and perks to fleets and professional drivers at more than 240 locations across\u00a0<span class=\"xn-location\">the United States<\/span>. Pilot Company&#8217;s energy division supplies fuel, DEF, bio and renewables and provides hauling and disposal services as the third largest tanker fleet in\u00a0<span class=\"xn-location\">North America<\/span>.<\/p><p>Pilot Company is currently ranked No. 10 on Forbes&#8217; list of America&#8217;s Largest Private Companies. More information on locations and amenities are available on the\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091530-1&amp;h=2894224775&amp;u=https%3A%2F%2Fpilotflyingj.com%2Fapp%2F&amp;a=Pilot+Flying+J+app\" target=\"_blank\" rel=\"nofollow noopener\">Pilot Flying J app<\/a>. For additional information about Pilot Company and its commitment to team members and giving back, visit\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091530-1&amp;h=3760915964&amp;u=http%3A%2F%2Fwww.pilotcompany.com%2F&amp;a=www.pilotcompany.com\" target=\"_blank\" rel=\"nofollow noopener\">www.pilotcompany.com<\/a>.<\/p><p>SOURCE Pilot Company<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5fcdb7f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5fcdb7f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-f53539c\" data-id=\"f53539c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f0c0301 elementor-widget elementor-widget-heading\" data-id=\"f0c0301\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">More News:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-a1ae9c3\" data-id=\"a1ae9c3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-bbd7f5d\" data-id=\"bbd7f5d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d91dcf6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d91dcf6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f064adf\" data-id=\"f064adf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9a8bfd9 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-widget elementor-widget-posts\" data-id=\"9a8bfd9\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;3&quot;,&quot;classic_columns_tablet&quot;:&quot;2&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\" role=\"list\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-1962 post type-post status-publish format-standard hentry category-uncategorized entry\" role=\"listitem\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/pilotwatersolutions.com\/?p=1962\" target=&quot;_blank&quot;>\n\t\t\t\tPilot Water Solutions and Chevron U.S.A. Inc. finalize a produced water agreement in the Permian Basin\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tMay 31, 2023\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>HOUSTON, TX\u00a0(May 31, 2023)\u00a0&#8212; Pilot Water Solutions, LLC (\u201cPWS\u201d) announced today that it has entered into a long-term contract with Chevron U.S.A. Inc. (\u201cChevron\u201d) for<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/pilotwatersolutions.com\/?p=1962\" aria-label=\"Read more about Pilot Water Solutions and Chevron U.S.A. Inc. finalize a produced water agreement in the Permian Basin\" tabindex=\"-1\" target=\"_blank\">\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-1233 post type-post status-publish format-standard hentry category-uncategorized entry\" role=\"listitem\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/pilotwatersolutions.com\/?p=1233\" target=&quot;_blank&quot;>\n\t\t\t\tPilot Water Solutions and Oilfield Water Logistics Announce Partnership\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tOctober 3, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Merger will form one of the premier water midstream companies in\u00a0the United States HOUSTON,\u00a0Sept. 16, 2022\u00a0\/PRNewswire\/ &#8212; Pilot Water Solutions LLC (&#8220;PWS&#8221;) and Oilfield Water<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/pilotwatersolutions.com\/?p=1233\" aria-label=\"Read more about Pilot Water Solutions and Oilfield Water Logistics Announce Partnership\" tabindex=\"-1\" target=\"_blank\">\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-1305 post type-post status-publish format-standard hentry category-uncategorized entry\" role=\"listitem\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/pilotwatersolutions.com\/?p=1305\" target=&quot;_blank&quot;>\n\t\t\t\tPilot Water Solutions Announces Acquisition of Felix Water\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tMarch 9, 2021\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>HOUSTON,\u00a0March 9, 2021\u00a0\/PRNewswire\/ &#8212; Pilot Water Solutions LLC (&#8220;PWS&#8221;) is pleased to announce the acquisition of\u00a0Felix Water, LLC (&#8220;Felix Water&#8221;), complementing PWS&#8217; premier national water<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/pilotwatersolutions.com\/?p=1305\" aria-label=\"Read more about Pilot Water Solutions Announces Acquisition of Felix Water\" tabindex=\"-1\" target=\"_blank\">\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>HOUSTON,\u00a0March 9, 2021\u00a0\/PRNewswire\/ &#8212; Pilot Water Solutions LLC (&#8220;PWS&#8221;) is pleased to announce the acquisition of\u00a0Felix Water, LLC (&#8220;Felix Water&#8221;), complementing PWS&#8217; premier national water midstream footprint and creating one of the largest water midstream companies in\u00a0the United States. This acquisition will add a substantial water midstream footprint in the\u00a0Delaware\u00a0Basin to PWS&#8217; premier asset base. 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