WaterBridge Announces Open Season on Second Phase of Speedway Long-Haul Produced Water Pipeline
MWN-AI** Summary
WaterBridge Infrastructure LLC (NYSE: WBI) has announced the commencement of an open season to gauge customer interest and solicit commitments for its Speedway Phase II Pipeline project. The open season kicked off on February 23, 2026, at 8:00 a.m. CDT and will conclude on April 20, 2026, at 5:00 p.m. CDT. The Phase II pipeline aims to enhance the gathering and transportation of produced water in Eddy and Lea counties, New Mexico, directing it to out-of-basin pore space owned by WaterBridge’s affiliate, LandBridge Company LLC (NYSE: LB).
The Speedway Phase II Pipeline is designed to add significant capacity to the existing Speedway Pipeline project, which was announced with a final investment decision in September 2025. This new pipeline is expected to facilitate an additional throughput of up to 500,000 barrels per day (bpd), thereby doubling the total throughput capacity when combined with the initial phase.
Michael “Chop” Reitz, President and COO of WaterBridge, emphasized the importance of this project in meeting the increasing demand for responsible produced water handling solutions in the Northern Delaware Basin. The expansion through large-scale infrastructure is aimed at solidifying WaterBridge's position as the preferred provider for Exploration & Production (E&P) companies in the region.
Stakeholders interested in learning more about the project, as well as detailed information regarding the open season, can request documentation via email. However, the announcement includes a cautionary note regarding forward-looking statements, underscoring the potential risks and uncertainties surrounding the completion and success of the Speedway Phase II Pipeline, as well as WaterBridge's operational outlook.
MWN-AI** Analysis
WaterBridge Infrastructure LLC's announcement regarding the open season for the Speedway Phase II Pipeline represents a significant development in produced water management in the Northern Delaware Basin. This project aims to expand the company's infrastructure, increasing throughput capacity by an additional 500,000 barrels per day to meet growing demand in Eddy and Lea counties, New Mexico.
Investors should take note of several factors associated with this initiative. Firstly, the company's commitment to establishing itself as a leading provider of responsible produced water solutions positions WaterBridge favorably in a sector that is increasingly scrutinized for environmental impact. Increased capacity in this niche market, especially in an area known for prolific oil and gas production, signals growth potential.
However, potential investors should remain cautious. The success of this pipeline is contingent upon various factors, including securing regulatory approval and the ability to secure sufficient customer commitments during the open season, which runs until April 20, 2026. The disclosure of forward-looking statements underscores the risks involved; operational challenges could delay or hinder project realization, impacting projected revenues. This uncertainty suggests that while the long-term outlook may be positive, there are short-term risks that could affect stock performance.
Investors who are bullish on the water midstream sector and WaterBridge’s strategic alliances might consider entering a position, particularly ahead of significant milestones such as confirmed customer commitments or regulatory approvals. Conversely, those with a lower risk tolerance may wish to monitor developments closely before proceeding, as the pipeline's success hinges on external factors and market demand. Overall, WaterBridge's expanded capacity aligns with industry trends toward sustainability, making it an intriguing option for investors focused on green energy transitions.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
WaterBridge Infrastructure LLC (NYSE: WBI) ("WaterBridge") today announced the launch of an open season to solicit commitments to support the construction of a large-diameter gathering and transportation pipeline project (the “Speedway Phase II Pipeline”). The open season began at 8:00 a.m. CDT today, February 23, 2026, and is scheduled to end at 5:00 p.m. CDT on April 20, 2026.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260223923164/en/
The Speedway Phase II Pipeline will facilitate the transportation of produced water in Eddy and Lea counties, New Mexico to out-of-basin pore space located in the Central Basin Platform that is owned by WaterBridge’s affiliate, LandBridge Company LLC (NYSE: LB). The Speedway Phase II Pipeline will service customers and demand incremental to the previously announced Speedway Pipeline project, for which a final investment decision was announced in September 2025. The Speedway Phase II Pipeline is anticipated to provide incremental throughput capacity of up to 500,000 barrels per day (bpd) in addition to the 500,000 bpd throughput capacity for the initial phase of the Speedway Pipeline.
“The Speedway Phase II Pipeline is an important step in expanding our capacity to serve the growing need for responsible produced water handling solutions in the Northern Delaware Basin,” said Michael “Chop” Reitz, President and Chief Operating Officer of WaterBridge. “We are committed to remaining the flow assurance provider of choice for our E&P customers through large-scale infrastructure projects like this one to support continued growth in the region.”
The anticipated service area for the Speedway Phase II Pipeline is shown on the map above.
For additional information and open season documents, including current Phase II routes, transportation services and confidentiality agreements, please submit requests via email to speedway@h2obridge.com .
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on WaterBridge’s beliefs, as well as assumptions made by, and information currently available to WaterBridge, and therefore involve risks and uncertainties that are difficult to predict, including the possibility that the Speedway Phase II Pipeline will not be completed and that the anticipated capacity and revenue associated with the project would not be realized. Generally, future or conditional verbs such as “will,” “would,” “should,” “could,” or “may” and the words “believe,” “anticipate,” “continue,” “intend,” “expect” and similar expressions identify forward-looking statements. Forward-looking statements include, but are not limited to, any statements regarding the Speedway Phase II Pipeline, including the demand sufficient to solicit the level of interest required to complete the Speedway Phase II Pipeline, the ability to secure regulatory approvals in a timely manner or at all and/or the expected benefits of the Speedway Phase II Pipeline. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, many of which are beyond our control.
Forward-looking statements include, but are not limited to, strategies, plans, objectives, expectations, intentions, assumptions, future operations and prospects and other statements that are not historical facts, including our estimated future financial performance. You should not place undue reliance on forward-looking statements. Although WaterBridge believes that plans, intentions and expectations reflected in or suggested by any forward-looking statements made herein are reasonable, actual results may vary materially and adversely from those envisaged in this press release due to a number of factors, including those risks more fully discussed in WaterBridge's filings with the SEC, including its most recent Annual Report on Form 10-K and any subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. You can access WaterBridge’s filings with the SEC through the SEC's website at http://www.sec.gov . Except as required by applicable law, WaterBridge undertakes no obligation to update any forward-looking statements or other statements herein for revisions or changes after this communication is made.
About WaterBridge
WaterBridge is a leading integrated, pure-play water infrastructure company with operations predominantly in the Delaware Basin, the most prolific oil and natural gas basin in North America, with additional assets in the Eagle Ford and Arkoma Basins. WaterBridge operates the largest produced water infrastructure network in the United States, through which it provides water management solutions to oil and natural gas exploration and production companies under long-term contracts, which include gathering, transporting, recycling and handling produced water. Headquartered in Houston, Texas, WaterBridge is a first mover in the water midstream sector and benefits from an experienced and entrepreneurial management team.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260223923164/en/
Scott McNeely
Chief Financial Officer
WaterBridge
Contact@h2obridge.com
Mae Herrington
Director, Investor Relations
WaterBridge
ir@h2obridge.com
Media
Daniel Yunger / Nathaniel Shahan
Kekst CNC
daniel.yunger@kekstcnc.com / nathaniel.shahan@kekstcnc.com
FAQ**
How does the launch of the Speedway Phase II Pipeline align with WaterBridge Infrastructure LLC Class A Shares Representing Limited Liability Company Interests WBI's strategy for expanding water management solutions in the Delaware Basin?
What specific commitments is WaterBridge Infrastructure LLC seeking during the open season for the Speedway Phase II Pipeline that would enhance the value of its Class A Shares Representing Limited Liability Company Interests WBI?
In what ways could the anticipated throughput capacity increase from the Speedway Phase II Pipeline impact the performance of WaterBridge Infrastructure LLC Class A Shares Representing Limited Liability Company Interests WBI in the stock market?
What are the potential risks mentioned in the press release that could affect the success of the Speedway Phase II Pipeline and, consequently, the performance of WaterBridge Infrastructure LLC Class A Shares Representing Limited Liability Company Interests WBI?
**MWN-AI FAQ is based on asking OpenAI questions about WaterBridge Infrastructure LLC Class A Shares Representing Limited Liability Company Interests (NYSE: WBI).
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