TexCom's Eagle Ford Environmental Services Adding Disposal Well
TexCom's Eagle Ford Environmental Services, LLC is adding a wastewater disposal well in Atascosa County, TX. All environmental services in the Eagle Ford will continue to expand as drilling activity grows across the play. More disposal wells will be needed to handle the growing volumes of flow-back fluids and produced water.
TexCom, Inc. (pinksheets:TEXC), today announced that its wholly owned subsidiary, Eagle Ford Environmental Services, LLC has acquired an injection well and permit to operate a liquid disposal site in Atascosa County, Texas. Purchased from Manti Premier Waste Disposal, LP, the site will serve as the foundation to provide Class II non-hazardous oilfield waste disposal services to E&P companies operating in the Eagle Ford Shale, a prolific oil and gas producing region in South Texas.
With a completed injection well and the required permit already in place, the proposed new TexCom disposal site is ideally located adjacent to Highway 16, 18 miles south of Jourdanton, Texas and three miles north of McMullen County. The company plans to commence construction of the surface facilities immediately. Lou Ross, Chairman and CEO of TexCom, noted, "This new disposal site will position TexCom right in the heart of the Eagle Ford shale play and we should begin to see impacts from this site in the 4th Quarter of 2011."
Read the full press release at marketwatch.com