Houston-based WaterBridge Operating and NDB Midstream said last week they agreed to support the long-term development plans of BPX Production in the Stateline region of Delaware Basin. WaterBridge will construct and operate 400,000 barrels per day of new produced water capacity in the next three years with the ability to increase capacity to 600,000 b/d.
WaterBridge’s access to pore space through its affiliate relationship with LandBridge, land management platform that owns 273,000 surface acres in Delaware Basin, enables BPX to sustainably develop its production footprint. The commercial agreements contemplate the greenfield construction of a large-diameter gathering and transportation system to efficiently move water away from BPX Energy’s development locations in Reeves County.
Jason Long, CEO of WaterBridge, said Jan. 21, “Our new agreement provides enhanced and sustainable produced water handling solutions as BPX advances its development plans in the Stateline region… We have unparalleled resources to develop and support purpose-built scalable infrastructure for blue chip operators, including produced water handling and reuse networks across vast and contiguous surface acreage.” BPX Energy CEO Kyle Koontz called the agreement “a valuable and responsible way to manage water through our multiple decades of Permian resource.”