Aris Water Solutions, Inc. Provides Operating Guidance for the Third Quarter and Full Year of 2023
August 02, 2023 at 04:02 pm
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Aris Water Solutions, Inc. provided operating guidance for the third quarter and full year of 2023. For the quarter, the company expects produced water handling volumes to be between 1,020,000 barrels of water per day to 1,030,000 barrels of water per day. Water solutions volumes to be between 375,000 barrels of water per day to 390,000 barrels of water per day.
For the full year, the company expects produced water handling volumes to be between 1,020,000 barrels of water per day to 1,030,000 barrels of water per day. Water solutions volumes to be between 400,000 barrels of water per day to 410,000 barrels of water per day.
Aris Water Solutions, Inc. is an environmental infrastructure and solutions company. The Company helps customers reduce their water and carbon footprints. It delivers full-cycle water handling and recycling solutions for energy operations. Its integrated pipelines and related infrastructure create produced water management, recycling, and supply solutions to operators in the core areas of the Permian Basin. It manages its business through two streams: Produced Water Handling and Water Solutions. Its Produced Water Handling business gathers, transports and, unless recycled, handles produced water generated from oil and natural gas production. The Companyâs Water Solutions business develops and operates recycling facilities to treat, store and recycle produced water. It has approximately 745 miles of produced water pipeline, which includes approximately 550 miles of larger diameter pipelines and 66 produced water handling facilities and operates 23 produced water recycling.
ARIS WATER SOLUTIONS, INC. 
