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, a subsidiary of UAT Group, was contracted by Bellows Operating Salt Water Discharge to treat iron-contaminated crude oil. The contract covers a minimum of 1,000 barrels per day, with potential annual revenue of up to $15 million.
H2O Processing, a subsidiary of UAT Group, formed a joint venture company with Precision Process Design and Mechanical (PPD&M) called H2O Process Engineering, LLC. The equally owned company will combine proprietary water treatment technologies for the oil and gas sector, targeting the Marcellus Shale region.
Umbra Companies initiated the acquisition of H2O Processing, a Denver-based manufacturer of water treatment components. H2O Processing's mobile water treatment platform is ready for commercial production.