Company Overview

WaterBridge Infrastructure LLC (WBI) is a privately held midstream infrastructure company focused on the energy and water management industries, primarily serving upstream oil and natural gas producers. The company specializes in the development, ownership, and operation of large-scale water infrastructure systems that support the full lifecycle of oil and gas production, including sourcing, transportation, storage, recycling, and disposal of produced water. Its core value proposition is providing long-term, contracted water solutions that reduce operational complexity and regulatory burden for exploration and production (E&P) customers.

Founded in 2015, WBI was established to address increasing water intensity and regulatory scrutiny in unconventional oil and gas development, particularly in shale basins. The company has evolved from a basin-focused water disposal operator into an integrated water midstream platform with multi-basin scale. Its strategic positioning emphasizes long-life assets, basin-wide networks, and alignment with large-cap producers through take-or-pay and acreage-dedicated contracts.

Business Operations

WBI’s operations are organized around integrated water midstream systems that generate revenue through long-term contracts with E&P companies. These contracts typically include fixed-fee or volume-based arrangements for produced water handling, disposal, recycling, and infrastructure access. The company’s assets include extensive pipeline networks, disposal wells, recycling facilities, storage impoundments, and sourcing infrastructure designed to operate continuously alongside upstream production.

Operations are primarily domestic within the United States, with no material international operations disclosed in public filings. WBI controls and operates its assets directly and through wholly owned subsidiaries, maintaining full operational oversight. The company does not manufacture technology but deploys proprietary system designs and operational processes optimized for basin-scale efficiency. Its customer base is concentrated among large, well-capitalized oil and gas producers operating in core shale plays.

Strategic Position & Investments

WBI’s strategic direction centers on disciplined infrastructure expansion in high-activity basins, prioritizing projects backed by long-term producer commitments. Growth has historically been driven through a combination of organic system buildouts and targeted acquisitions that expand geographic reach or add complementary infrastructure. The company emphasizes capital efficiency, balance sheet durability, and long-duration cash flow visibility rather than short-cycle growth.

Notable investments include basin-scale systems in the Permian Basin and Eagle Ford Shale, as well as strategic acquisitions that consolidated water infrastructure footprints in those regions. WBI has also invested in water recycling capabilities to support producer sustainability goals and regulatory compliance, positioning itself to benefit from increasing reuse of produced water. The company is backed by institutional private equity sponsors, which have provided capital for expansion while maintaining a long-term ownership horizon.

Geographic Footprint

WBI’s operations are concentrated in the United States, with its primary footprint in major onshore shale basins. The company’s largest and most developed systems are located in the Permian Basin of West Texas and Southeastern New Mexico, which represents the majority of its asset base and revenue. Additional operations are present in the Eagle Ford Shale in South Texas.

Corporate headquarters are located in Houston, Texas, reflecting proximity to both customers and capital markets. While WBI does not operate internationally, its infrastructure supports energy production that supplies both domestic and global hydrocarbon markets, giving the company indirect exposure to international energy demand trends.

Leadership & Governance

WBI is led by an executive team with extensive experience in energy infrastructure, private equity-backed growth platforms, and large-scale asset development. The leadership philosophy emphasizes safety, operational reliability, long-term partnerships with producers, and disciplined capital allocation. Governance is overseen by a board that includes senior executives and representatives of its institutional owners.

Key executives include:

• Chris Linton – Chief Executive Officer
• Rodrigo Velasco – Chief Financial Officer
• Jeff McCurdy – Chief Operating Officer
• Matt Luken – Chief Commercial Officer
• Andy Schor – General Counsel and Chief Compliance Officer

The management team’s strategic vision focuses on maintaining WBI’s position as a leading independent water midstream provider while adapting infrastructure to evolving regulatory, environmental, and producer requirements.