Milestone Expanding Again in Permian Basin
Plans Multiple New Locations
HOUSTON and MIDLAND, Texas – February 6, 2018– Milestone Environmental Services (Milestone), an industry leader in oil and gas waste treatment and disposal, has announced plans to build several new facilities in the Permian Basin region over the next two years, including two new facilities in 2018.
These developments are planned in direct response to increased drilling activity and customer demand. When the capital plan is complete, Milestone will have a network of oilfield waste disposal facilities across the Permian Basin, including the existing sites near Pecos and South Midland.
In 2018 Milestone will add two facilities located near Orla, Texas and Stanton, Texas. The Orla site, in Reeves County on FM Road 652, will open to E&P customers in the Northern Delaware Basin in mid-2018. The Stanton facility, located on State Highway 137 south of Stanton, will serve oilfield operators in the central Midland Basin, is also expected to open in mid-2018.
Milestone’s proprietary slurry injection facilities are faster to permit and construct than other types of disposal sites, which enables Milestone to be nimble and flexible to quickly respond to the needs and locations of E&P customers. Milestone facilities currently handle non-hazardous, RCRA-exempt liquid and slurry waste streams which are injected into carefully-selected, deep geological strata more than a mile below the earth’s surface. In the future, Milestone also plans to expand into treatment and disposal of solid waste from oilfield activity.
“Location is critical to our customers who depend on us for environmentally-secure oilfield waste disposal. By opening a facility near drilling activity, we save our customers time and money,” said VP of Sales Jesse Post. “This also provides a benefit to the community and the environment.”
“Milestone’s unique processes and capable team enable us to move very quickly in response to a dynamic oilfield. Our timeline from concept to completion for new facilities is much faster than anyone else’s,” said Milestone President and CEO Gabriel Rio. “Milestone’s growth and expansion into new locations and additional services is directly attributable to our customers’ preference for environmentally-secure waste disposal near their drilling activity.”
Celebrating 25 years in 2018
Milestone Environmental Services began operations in 1993 as American Disposal Services, (ADS), and has been continually providing slurry injection disposal to the U.S. onshore oilfield ever since. In 2014, ADS was acquired by Intervale Capital to grow and expand the business. Under the new name, Milestone Environmental Services expanded into the Permian Basin. The company will celebrate the 25th anniversary throughout 2018.
About Milestone Environmental Services
Milestone Environmental Services is an oilfield environmental services provider with an environmentally-focused, cost-effective, and efficient approach to managing oilfield waste. Milestone operates strategically-located, state-of-the-art disposal facilities that provide dependable, local services for leading U.S. oil and gas operators. Milestone is a premium provider of oilfield waste disposal, operating for 25 years. The company is headquartered in Houston, Texas, and currently has eight oilfield waste management locations in the Permian Basin, Eagle Ford Shale and Haynesville Shale. For more information, please visit www.milestone-es.com.