Milestone Environmental Enhances Permian Basin Operations
Strategic expansion solidifies Milestone's standing in the energy sector
Milestone Environmental is taking a significant step forward in its operations by acquiring the Striker slurry injection facility in Lea County, New Mexico. This move, effective from January 1, reinforces the company's extensive network across the Permian Basin with a total of 15 operational facilities in Texas and New Mexico.
The Striker facility is instrumental in advancing Milestone's capacity to deliver reliable and environmentally responsible waste management solutions. This acquisition not only fortifies Milestone’s footprint across the region but also enhances the treatment and oil reclamation processes for various waste streams, particularly those from tank bottom operations.
According to Gabriel Rio, Milestone's President and CEO, "The acquisition of Striker represents another strategic step in strengthening our position as a definitive leader in energy and industrial waste management. This state-of-the-art facility expands our ability to serve customers across the Permian Basin with reliability and advanced technology. We are committed to enhancing infrastructure that promotes cleaner energy production."
Innovative Infrastructure for Sustainable Solutions
The Striker facility is equipped with advanced technologies, including automated tanker washout systems utilizing high-pressure jets and sophisticated oil reclamation capabilities. Designed to manage all RCRA-exempt energy waste streams, the facility operates around the clock to cater to the diverse needs of its customers.
Milestone continues to emphasize sustainability through its advanced injection processes that safely isolate waste deep underground, effectively preventing environmental contamination. These methods will see upgrades in the forthcoming months to integrate Milestone's proprietary slurry injection technology more thoroughly. The facility's oil reclamation technology aims to maximize resource recovery, aligning with sustainable operational practices.
Strengthening Industry Leadership and Reliability
This acquisition further establishes Milestone as a dominant player in the energy waste management sector within the United States, boasting an unmatched network of strategically placed facilities. The persistent growth of Milestone signals a rising demand for professional and reliable waste management solutions that gracefully balance operational efficiency with environmental stewardship.
"Our customers choose Milestone because we deliver unmatched reliability, safety, and compliance," Rio remarked. "Every acquisition enhances our capability to serve as the go-to partner for energy organizations seeking to manage their waste responsibly while pursuing their sustainability goals."
The Striker facility will maintain its operations without any interruption, as Milestone's commitment to operational excellence and safety protocols ensures high-quality service delivery at all times.
About Milestone Environmental
Milestone Environmental, located in Houston, Texas, is recognized as a leading provider of environmental services and carbon management solutions, and is the largest energy waste sequestration company in the nation. The company operates an integrated network of waste management infrastructure designed to minimize the carbon impact of its clients by sequestering hydrocarbon waste over a mile beneath the Earth's surface. This process effectively prevents greenhouse gas emissions alongside water and soil contamination. To date, Milestone has successfully sequestered over 4 million tons of CO2e since its inception in 2014, underscoring its commitment to a sustainable future.
Milestone is a portfolio company of SK Capital Partners and is dedicated to providing innovative solutions for energy companies seeking to adhere to rigorous environmental standards. Discover more about Milestone's services and vision at www.milestone-es.com.
Frequently Asked Questions
What is the recent acquisition by Milestone Environmental?
Milestone Environmental has acquired the Striker slurry injection facility in New Mexico, enhancing its waste management network.
How does the Striker facility contribute to Milestone's operations?
This facility boosts Milestone's capabilities in waste treatment and oil reclamation, providing advanced solutions for energy waste.
What technologies are utilized at the Striker facility?
The facility features automated tanker washout systems and advanced oil reclamation technology to manage energy waste streams.
Why is Milestone focused on sustainability?
Milestone aims to reduce environmental contamination and support energy companies in achieving their sustainability goals through innovative waste management.
How long has Milestone been in operation?
Milestone Environmental has been active since 2014 and has sequestered over 4 million tons of CO2e during this period.
