HII Technologies Inc., an oilfield services company headquartered in Houston, announced that its wholly-owned subsidiary AES Water Solutions, has entered into a strategic alliance agreement with Resource West Inc. (RWI), a Colorado-based designer, manufacturer and provider of modular aboveground storage tanks and onsite wastewater evaporation units.
This agreement was formed to broaden and enhance the overall services of AES by offering rapid deployment water storage tanks and flow back/wastewater disposal systems to customers actively seeking comprehensive water management services and cost reduction systems.
AES will purchase or lease various sizes of RWI's Commander Series aboveground water storage tanks and will provide and supply the required servicing to the tanks, which will be rented out to AES customers on a day-rate or multi-month contract basis. RWI has provided AES an exclusive arrangement for distribution and usage of these large-scale rapid deployment tanks in Texas and Oklahoma and AES has agreed to exclusively utilize RWI for supply of these tanks in Texas and Oklahoma.
AES Water Solutions will also purchase RWI's Landshark wastewater evaporator Units and its associated equipment package..
RWI's equipment and systems will enable AES to provide modular onsite water storage tanks and an operation to minimize wastewater disposal for its clients' well site operations which allows AES to address the varying needs of its customers when alternatives such as large open pits are not applicable or cost prohibitive.
"We believe RWI's technologies and equipment provides an advantage for AES in the Texas and Oklahoma markets where we operate by providing a lower cost alternative for customers in respect of their wastewater disposal needs,” said Brent Mulliniks, president of AES Water Solutions.
"AES' focus in the Texas and Oklahoma markets gives our technology and equipment access into some of the most active oilfield areas in the domestic United States where we have not previously had a major presence,” said Jack Hays, CEO of Resource West. “We look forward to the AES relationship in these key markets, building value in both our companies."
Source: HII Technologies Inc.
