GreenHunter Navigates U.S. Fracking Market
On 26 March 2014, GreenHunter Water, LLC, a subsidiary of GreenHunter Resources, sold its Dewitt County salt water disposal facility to Clear Water Resource Partners, LLC. The US$3.4 million Eagle Ford divestment is the third SWD facility sold in the last 12 months. GreenHunter is refocusing its water service operations for fracking exclusively in the Marcellus and Utica (Appalachia) shale plays.
Takeaways
- GreenHunter turns to Appalachia for growth
- Disposal constraints spark alternative solutions
- Competitive landscape shifting with new entries and partnerships
Companies Mentioned
Baker Hughes // Basic Energy Services // Fountain Quail // GreenHunter Resources // Halliburton // Key Energy Services // Select Energy ServicesMore Research
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