Bison, Oklahoma's largest water infrastructure, logistics and solutions provider, has agreed to acquire Gulfport Energy Corp.’s water infrastructure in the south central Oklahoma oil province (SCOOP).
The parties also entered into 15-year agreements whereby Bison will exclusively manage all of Gulfport's water gathering, recycling, storage, reuse, disposal, transportation, logistics and sourcing within a dedicated area across Grady, Garvin and Stephens counties.
The acquired assets include the 15-year agreements, a multi-line water gathering and delivery system, 2.3 million barrels of storage capacity, 40,000 barrels per day of recycling capacity, 55,000 barrels per day of freshwater supply capacity, associated real property and a pending saltwater disposal permit.
“In addition to serving Gulfport's development for the next 15 years, these assets will allow us to bring new recycling and reuse solutions to our customers throughout the SCOOP,” said North Whi