WTTR
- Select Energy Services, Inc.
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Overview
Company Summary
Select Energy Services, Inc., also known by its stock ticker symbol WTTR, is a leading provider of water resource management services in the United States. The company primarily focuses on serving the needs of the oil and gas industry.
Select Energy Services operates through a wide range of water-related services, including water sourcing, water transfer, water treatment, and water recycling. These services are critical to the energy sector, particularly in hydraulic fracturing or "fracking" operations, which require significant amounts of water.
The company specializes in managing the full cycle of water-related activities for its clients. This includes acquiring, sourcing, and delivering large quantities of water to the oil and gas exploration and production sites. Select Energy Services also provides the infrastructure and equipment necessary for water transfer, such as pipelines, pumps, and storage tanks.
In addition to water sourcing and transfer, Select Energy Services offers water treatment services. This involves purification, filtration, and other necessary treatments to ensure the water is suitable for reuse or disposal in an environmentally responsible manner. By providing these services, Select Energy Services helps reduce the industry's water footprint and supports sustainable resource management.
Furthermore, the company is involved in water recycling, a crucial aspect of its operations. Select Energy Services uses advanced technologies and processes to treat and recycle produced water, which is the water that returns to the surface after fracking. This recycled water can then be reused for future operations, reducing the need for fresh water sourcing and minimizing environmental impact.
Select Energy Services' comprehensive approach to water resource management helps its clients meet regulatory requirements, reduce costs, and maintain sustainable practices. The company's expertise, infrastructure, and technology make it a trusted partner for the oil and gas industry seeking efficient, safe, and environmentally conscious water management solutions.