Bison and Marathon Enter Into 15-Year Water Infrastructure Agreement

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Bison and Marathon Enter Into 15-Year Water Infrastructure Agreement

PR Newswire

OKLAHOMA CITY, July 12, 2019 /PRNewswire/ -- Bison, Oklahoma's largest water infrastructure, logistics and solutions provider, today announced that it has entered into a 15-year Water Gathering and Disposal Agreement with Marathon Oil Company, a subsidiary of Marathon Oil Corporation (NYSE: MRO). Under the agreement, Bison will exclusively manage all of Marathon's produced water infrastructure, as well as any future acreage operated by Marathon within a 5.4 million acre dedicated area.

Bison logo (PRNewsfoto/Bison Oilfield Services LLC)

North Whipple, CEO of Bison, commented: "We are excited to expand our relationship with Marathon through this long-term water gathering and disposal agreement. This water infrastructure dedication is the first-of-its-kind in the SCOOP, STACK and Merge and is the direct result of Bison's proven ability to partner with customers and materially lower their operating expenses. We remain on track to meet or exceed our previously announced expansion plans and this agreement further underpins our development with a world-class upstream operator. Today marks another significant milestone in delivering on our promise to bring scalable and innovative cost-saving water solutions to the market."

For more information regarding the company, visit our website at www.BisonOK.com or email us at Media@BisonOK.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/bison-and-marathon-enter-into-15-year-water-infrastructure-agreement-300884088.html

SOURCE Bison

Copyright CNW Group 2019

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).