Select Water Solutions, Inc.

Select Water Solutions, Inc. builds and operates water infrastructure for industrial and energy customers from its headquarters on North I-35 in Gainesville, Texas. Listed on the NYSE as WTTR, the company traded as Select Energy Services until May 2023. Its work is civil construction at scale: gathering and transfer pipeline, above-ground storage, and permanent produced-water recycling facilities that replace trucking and freshwater sourcing. In August 2026 the company signed a 12-year amended agreement covering roughly 875,000 acres in the Northern Delaware Basin, committing to about 100 miles of new pipeline, 3 million barrels of storage and 60,000 barrels per day of added recycling capacity in Eddy County, New Mexico, at an estimated $100 million to $120 million.

Two businesses run in parallel here. The water side handles sourcing, transfer through permanent and temporary pipelines, containment and poly, above-ground storage tanks, fluid handling, gathering and disposal, recycling and water treatment. The chemistry side operates as Select Chemistry and develops, manufactures and supplies completion and specialty products: friction reducers, surfactants, biocides, crosslinkers, polymers and cementing chemistry, along with produced water treatment, monitoring and flow assurance. The company describes itself as the only operator in its industry running both as an integrated offer.

The asset base behind that is substantial. Select manages more than 125 strategically placed disposal wells and over a dozen water treatment facilities, and those facilities treated or recycled more than 18 billion gallons of water in the last reported year, displacing freshwater that would otherwise have to be sourced and trucked.

Technology platforms

Four named systems carry the technical work. AquaView provides automated real-time control and monitoring across a water transfer string. FluidMatch pairs water chemistry data with product selection. HYRC is the firm’s fluid technology line. Tideline is a lay-flat hose engineered specifically for produced water, which is harder on hose than fresh. An engineered water solutions group staffs the project development side — the people who scope a multi-year infrastructure buildout rather than a single job.

Scale and reach

Founded in 2008, Select has grown to roughly 3,300 employees and serves customers in every major unconventional basin in the United States, with the heaviest concentration in the Permian, including the Midland and Northern Delaware sub-basins. In-basin manufacturing puts chemical products closer to the wellhead and cuts lead times.

Sustainability disclosure is unusually detailed for the sector, covering emissions management, seismic response — a live constraint for disposal operators in West Texas and southeast New Mexico — and non-energy beneficial reuse of treated produced water. The company also carries a sustainability-linked credit facility, tying its borrowing cost to performance against stated targets.

Beyond oilfield work, Select runs an industrial water management line, and under a definitive agreement with LibertyStream Infrastructure Partners it is building commercial lithium carbonate production units at Midland Basin treatment and recycling sites, with a first 1,000-tonne facility slated for commissioning by December 2026.