R360 Environmental Solutions Acquires Claco Services, LLC
HOUSTON, Dec. 21, 2010 /PRNewswire/ -- On December 8, 2010, R360 Environmental Solutions, Inc. purchased Claco Services, LLC, which manages a fleet of brine clarification units in the Permian Basin. The Clack Systems utilized by Claco remove suspended solids from brine water, enabling the operator to re-use brine in the drilling process. The units were owned and developed by Russell (Rusty) Clack, who will join the R360 team on a consulting basis.
This acquisition enables R360 to provide a complete closed-loop drilling and disposal package. All wells have waste management needs which traditionally require a number of specialized vendors to handle waste products. Now R360 can provide a single contract and crew to manage all wellsite waste products—including brine clarification, bins, rails, trucking and disposal for those materials requiring offsite handling.
The acquisition of Claco Services is the first in a series of capital investments R360 will make in brine management equipment. "Offering total closed-loop drilling and disposal for the lifecycle of a well is strategically important to us," notes Gary Wallace, R360's Executive Vice President. "Today's oil and gas wells are more technically challenging than ever, and staying ahead of regulatory compliance can be a real moving target. Brine clarification was the last missing piece of the complete closed-loop drilling and disposal package. Now customers can get scalable, reliable solutions for all their oilfield waste through one on-site partner."
About R360 Environmental Solutions
Based in Houston, R360 Environmental Solutions, Inc. is the nation's leading oilfield environmental solutions company. Providing E&P waste and water recycling, treatment and disposal solutions to some of the world's leading oil and gas producers, R360 helps oil and gas operators ensure environmental performance and compliance in major oil and gas plays nationwide. The company has added Claco Services, LLC to its recently acquired oilfield environmental service companies, including US Liquids of LA., L.P. (USLL), the Controlled Recovery, Inc. group of companies (CRI) and the Calpet / R&G group of companies.
Media Contact: |
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Vicki Williams, Director of Strategic Marketing |
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R360 Environmental Solutions |
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281/873-3213 |
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SOURCE R360 Environmental Solutions, Inc.
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