Aris Water Solutions, Inc. Provides Operating Guidance for the First Quarter and Full Year of 2024
February 28, 2024 at 04:14 pm EST
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Aris Water Solutions, Inc. provided operating guidance for the first quarter and full year of 2024. For the first quarter of 2024, the Company expects: Produced Water Handling volumes between 1,075,000 and 1,105,000 barrels of water per day, Water Solutions volumes between 325,000 and 345,000 barrels of water per day.
For the full year of 2024, the Company expects: Produced Water Handling volumes between 1,020,000 and 1,070,000 barrels of water per day, up approximately 2 ? 5% versus 2023 when adjusted for the approximately 35,000 barrels per day impact of asset divestitures completed in the third quarter of 2023, Water Solutions volumes between 430,000 and 470,000 barrels of water per day, approximately flat versus 2023.
Aris Water Solutions, Inc. is an environmental infrastructure and solutions company. The Company helps customers reduce their water and carbon footprints. It delivers full-cycle water handling and recycling solutions for energy operations. Its integrated pipelines and related infrastructure create produced water management, recycling, and supply solutions to operators in the core areas of the Permian Basin. It manages its business through two streams: Produced Water Handling and Water Solutions. Its Produced Water Handling business gathers, transports and, unless recycled, handles produced water generated from oil and natural gas production. The Companyâs Water Solutions business develops and operates recycling facilities to treat, store and recycle produced water. It has approximately 745 miles of produced water pipeline, which includes approximately 550 miles of larger diameter pipelines and 66 produced water handling facilities and operates 23 produced water recycling.
ARIS WATER SOLUTIONS, INC. 
