T&K Advises Oilfield Water Logistics to Acquire Saltwater Disposal Wells and Pipelines

Dallas – Attorneys with the law firm of Thompson & Knight LLP advised Oilfield Water Logistics (“OWL”), a Natural Gas Partners (“NGP”) portfolio company providing fluid management services to the energy industry, in the company’s acquisition of Midland-based AggieTech Operating, LLC’s saltwater disposal well and pipeline infrastructure.

Partner J. Holt Foster, III led a team of Thompson & Knight attorneys, including Partners Anthony J. Campiti, Debra J. Villarreal, Kenn W. Webb, and R. David Wheat, and Associates Jesse E. Betts, David W. Cias, Christina M. Collins, Courtney T. Jamison, Hillary E. Lyon, and Sam L. Merrill. 

“Thompson & Knight counseled OWL through the complex legal and business nuances of this strategic acquisition, including navigating corporate, tax, employment, and environmental matters,” said Holt Foster, a Partner in the Firm’s Corporate and Securities Practice Group and member of the Firm’s Management Committee. “Through our involvement in this transaction, we were able to assist OWL in successfully achieving its goal of expanding its presence in the Permian Basin.”

OWL provides a complete suite of water services to the energy industry including supply, pipeline transport, reclamation, and disposal. The company is currently active in the Permian Basin and is seeking investment and development expansion opportunities nationwide. For more information, visit http://www.oilfieldwaterlogistics.com/.