Select Energy Services and Muscle Wall Sign Strategic Agreement
HOUSTON, Jan. 17, 2012 /PRNewswire/ — Select Energy Services, (SES) a leading provider of engineered water solutions to the oil and gas industry, today announced that it signed a strategic alliance agreement with Muscle Wall, LLC (Muscle Wall), a Utah-based provider of mobile, reusable water containment systems for the oilfield services industry. Under the agreement, SES will own a 50 percent stake in the newly-formed Muscle Wall Holdings LLC.
The agreement gives Select access to a versatile, mobile water containment solution that will help customers cut costs and protect the environment during the construction, drilling, and completion phases of their oil and gas development programs. The agreement also provides for the joint marketing and rental of Muscle Wall systems and associated equipment rentals and labor.
“Muscle Wall brings a quick, safe, secure and cost effective environmental solution for water containment. This is critical for hydraulic fracturing operations, which require the storage of large amounts of water for the fracking process,” said John Schmitz, CEO of SES. “Because the Muscle Wall product is mobile and reusable, it gives our customers better control over costs and is an effective alternative to traditional spill containment products.”
“Muscle Wall is pleased to partner with Select Energy Services in order to better serve the oil and gas industry, as well as in the flood control, erosion and storm water management arenas,” said Jaren Taylor, Muscle Wall CEO. “Select is setting a standard for excellence in the oilfield services industry and partnering with Select provides us a proven network and support team, without taking away the entrepreneurial spirit of Muscle Wall.”
About Select Energy Services
Select Energy Services, LLC, is an engineered water solutions and well site services service company with operations in the Haynesville, Eagle Ford, Marcellus, Barnett, Fayetteville, Woodford, Granite Wash, Niobrara and Bakken shale formations. Capabilities include water sourcing, treatment, transportation and disposal. For more information, visit www.selectenergyservices.com.
About Muscle Wall, LLC
Muscle Wall, LLC provides a sustainable and diverse tool for use in oil and gas containment, storm water management, erosion control, and flood control. Designed to be the ultimate water, soil, oil, and gas containment product, Muscle Wall barricades are effective and clean. Muscle Wall is committed to innovation and improving on traditional containment technologies. The Utah-headquartered company’s website is www.musclewall.com.
SOURCE Select Energy Services