H2O Processing secures up to $17.2M contract with Pinto Red Gathering Company

H2O Processing, a subsidiary of Umbra Applied Technologies Group, was contracted by Pinto Red Gathering Company to treat iron-contaminated crude oil. The initial contract covers 650 barrels per day, escalating to 1,200 barrels daily, with potential total service contracts reaching $17.2 million annually.

“H2O Processing will treat an initial 650 bbls/day for the first 60 days and 1,200 bbls daily every day after based on existing production.”stocktitan.net

• 1 source
• stocktitan.netUAT Group’s Subsidiary, H2O Processing, Announces Up To $17.2M Contract with Texas Oil Company | UATG Stock NewsStock Titan Editorial TeamDec 15, 2022

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