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Builds upon existing arrangement to serve Latin America
Energy Water Solutions, a global water company that owns and operates Produced Water purification facilities, announced a significant expansion of its current agreement with Cardno ENTRIX - an Environmental and Natural Resource Management Consultancy - for the application, implementation and permitting support of EWS technology solution to include the key global unconventional oil and gas markets of Australia and the United States.
This builds upon existing arrangements to jointly serve the oil and gas markets of Latin America where opportunities are currently being pursued in Brazil and Colombia.
"The expansion of EWS's relationships with companies with the reputation and capabilities of Cardno ENTRIX is a significant step in making the EWS water purification technology available globally. We have a solid business focus and share the view that our joint solution will provide operators in the unconventional gas and oil industries, and their associated communities, cost saving, better performance and improved environmental options in the beneficial use of treating water resulting from the production process."
"We are very enthusiastic about expanding this relationship to include the U.S. and Australia, where some of the worlds largest emerging-market opportunities exist in the production of shale and/or coal seam gas and Cardno ENTRIX has a significant presence and capability," said Bill Weathersby, CEO at EWS.
"Managing and treating water in the oil and gas sector is a major production and cost issue for operators and an environmental issue for communities and regulators. Merging our patented, scalable, flexible and cost-efficient technology and processes with the Cardno ENTRIX environmental and natural resource management services will give both organizations a unique position in an industry that is experiencing unprecedented growth. Unconventional gas, gas liquids and oil have a major role to play in the USA and Australia achieving energy independence and creating new export revenues. Neither will be achieved without an effective water resource management solution such as provided by EWS and Cardno ENTRIX."
"The combination of EWS and Cardno ENTRIX creates a new force in the sector," said Weathersby. "Our skills and contributions are completely complimentary and will create a multiplier effect for the delivery of water treatment and management solutions to the industry and we couldn't be happier to have Cardno ENTRIX as our partner."
The agreement gives Cardno ENTRIX rights to market and design complete solutions using the technology and systems of EWS to allow water generated from Produced Water plants to be used for beneficial social and environmental uses. Cardno ENTRIX has developed a very successful oil and gas market sector practice in Latin America, and intends to expand the Produced Water management services in the U.S. and Australia with a focused team and common methodologies.
"The demand for Cardno ENTRIX's water resource management services in the oil and gas market sector, and the new unconventional gas sector in particular, has grown tremendously in recent years," said Todd Williams, president of Cardno ENTRIX. "This arrangement with EWS in this critical service need, coupled with their unique technology solution, allows us to comprehensively offer an innovative technology where the integration of treated produced water into the broader water ecosystem is of value. Combined with the extensive staff resources of Cardno Limited in Australia, we believe our combined teams offer unparalleled sustainable water management solutions for the oil and gas market sector in three of the most active exploration and production regions around the world."