MIDLAND, Texas--(BUSINESS WIRE)--TPH Partners is pleased to announce the formation of EnWater Solutions, LLC (“EnWater”) through the combination of its existing water business in the Permian and assets acquired from Pelagic Water Systems, LLC. The combination of these two entities creates a multi-service water management company spanning services ranging from high-volume saltwater disposal facilities to permanent and temporary water pipelines.
EnWater is led by Micky Thacker, an industry veteran with over 30 years of experience at Flint Energy Services, where he enjoyed a long, successful career leading operating units and was instrumental in overseeing Flint’s expansion into new geographies and additional service lines. With the addition of the saltwater disposal and related infrastructure businesses, Jason Long and Michael Reitz joined the EnWater team, bringing with them relevant engineering and operational expertise in these areas.
“I am excited to have Jason and Michael join our team and about the future prospects for our new company. EnWater is well positioned to be a “one-stop shop” for our client’s water needs throughout the water value chain,” said Micky Thacker, CEO of EnWater.
“Michael and I are thrilled to join the EnWater team,” said Jason Long, President of EnWater. “The current environment is ripe with opportunities, and we are confident the strength and skillset of the management team coupled with the strategic and financial support from TPH Partners will afford us the capability to execute on these opportunities.”
“The creation of EnWater is the culmination of considerable effort and patience to find the right people and assets to form a top-notch water management company with exposure to both the completions and production side of the business,” said Curt Schaefer, Managing Director of TPH Partners.
About TPH Partners
TPH Partners, based in Houston, Texas, is the private equity arm of Tudor, Pickering, Holt & Co., LLC, an integrated energy investment and merchant bank. TPH Partners makes private investments in the upstream, oilfield service and midstream subsectors of the energy industry. For more information on TPH Partners, please visit www.TPHPartners.com.
About EnWater Solutions, LLC
EnWater is a multi-service water management company based in Midland, Texas. EnWater focuses on providing best-in-class service to oil & gas operators in the Permian Basin. For more information on EnWater, please contact Micky Thacker at firstname.lastname@example.org or visit www.EnWaterSolutions.com.