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Lagoon Water Solutions

Company Summary

Description

Lagoon, headquartered in Oklahoma City, OK, is Oklahoma’s leading midstream water logistics company. Lagoon develops and operates expansive midstream water infrastructure throughout the Anadarko Basin. Our current assets are comprised of commercial disposal wells, extensive pipeline gathering systems, a water recycling facility with 1.2 million barrels of storage capacity and an owned and operated fleet of water hauling trucks.

Website

https://www.lagoonws.com/

Operational Regions

  • Anadarko Basin

Recent news

  • 9/22/2021 - Lagoon Water Midstream... (subscriber access)
  • 7/31/2019 - Continental Divesting... (subscriber access)

Company Transactions

Date: 7/31/2019
Type: Acquisition

BUYERS:
  • Lagoon Water Solutions
    • SELLERS:
  • Continental Resources, Inc.
    • ASSETS:
  • Eastern STACK Water Gathering & Recycling System
    • DETAILS:

    COST: 85 $MM

    NOTES:
    Continental Resources has entered into a deal to sell its Eastern STACK water gathering & recycling system for $85 million to Lagoon Water Solutions. Concurrently, they entered into a long-term water handling agreement with Lagoon on the assets.
    REGIONS:
  • Oklahoma STACK Play