(Incorporated in Delaware) 

Note: WaterBridge intends to list its stock on both the New York Stock Exchange and the newly established NYSE Texas exchange, according to the prospectus.

We provide water management solutions to oil exploration and production companies. Our clientele includes major oil and gas producers – BPX Energy, Chevron, Devon Energy, EOG Resources and Permian Resources, for example. As of July 31, 2025, we operated about 2,500 miles of pipelines and 196 produced water-handling facilities.

We operate predominantly in the Delaware Basin, which is the most prolific oil and natural gas basin in North America. We also operate leading water infrastructure networks in the Eagle Ford and Arkoma basins.

We intend to expand to accommodate the increasing demand for water from new industries.

From the prospectus:

“We are a leading integrated, pure-play water infrastructure company with operations predominantly in the Delaware Basin, the most prolific oil and natural gas basin in North America. We believe that our strategically located network, substantial scale and built-in operational redundancies provide a competitive advantage in attracting customers and allow us to achieve significant operating and capital efficiencies.

“We operate the largest produced water infrastructure network in the United States through which we provide water management solutions to E&P companies under long-term contracts, which include gathering, transporting, recycling and handling produced water. As of July 31, 2025, on a pro forma basis, our infrastructure network included approximately 2,500 miles of pipelines and 196 produced water handling facilities, which handled more than 2.6 million bpd of produced water for our customers and had more than 4.5 million bpd of total produced water handling capacity.

“We also operate two energy waste management facilities for the disposal of non-hazardous waste resulting from oil and gas exploration and production activity, branded under Desert Environmental. Our synergistic relationship with LandBridge, a leading Delaware Basin land management company, provides us preferential access to significant underutilized pore space in and around the Delaware Basin that is necessary to meet the E&P industry’s evolving water handling needs.”

Note: Net loss and revenue are on a pro forma basis for the 12 months that ended June 30, 2025.

(Note: WaterBridge Infrastructure LLC filed its S-1 on Aug. 22, 2025, without disclosing its IPO’s terms. Estimated initial proceeds are $100 million, but that is a placeholder figure.)