Greentech Lead America: Aquatech, a provider of water treatment technology and service solutions, has acquired Fluid Recovery Services (FRS).
The acquisition of FRS falls in line with Aquatech’s strategy to be a leader in oil & gas water management.
Based in Creekside, PA, FRS operates a network of central, satellite and mobile facilities that deliver a menu of environmentally compliant and economically viable water management services.
FRS was formed through the merger of Pennsylvania Brine Treatment (PBT) and Hart Resource Technologies (HRT). PBT and HRT have a 25+year history of providing water management services to the oil & gas industry in the Commonwealth of Pennsylvania and have treated more water than any other service provider in the Marcellus and Utica Shale region.
The Aquatech acquisition will help the company immediately expand the network from three to five central water management facilities located in Franklin, Josephine,
Aquatech’s strategy includes investments of capital, technology, expertise and experience.
FRS’ water treatment solutions include Aquatech’s MoSuite, a synergistic combination of MoTreat, MoVap and crystallization technologies. MoSuite will treat drill fluids, hydraulic fracturing flowback and a wide range of oil & gas wastewater including safe disposal of high total dissolved solids (TDS) production brine.
Aquatech’s approach alleviates the burden on local water resources from shale gas exploration by treating water for beneficial reuse, reducing total dissolved salts, and creating reusable “dewasted” purified distillate or clean distillate suitable for discharge per established National Pollutant Discharge Elimination System (NPDES) standards, the company said.
The acquisition will help Aquatech deliver value to a broad spectrum of stakeholders by promoting safe development of unconventional gas in the Marcellus and Utica Shale, and the conventional oil & gas industry in Pennsylvania.
In addition to water treatment, FRS offers numerous water management service options such as storage, transport services (rail and truck), and disposal (non-return) across the state.