The company is sponsored by Five Point Energy, an oil-and-gas-focused private equity firm, and shares its management team with WaterBridge, which operates a network of pipelines to deliver water to the oil-and-gas industry. LandBridge was formed in Sept 2023, owns 220,000 surface acres around the Delaware Basin, and was created in part to support the development of WaterBridge’s large-scale produced water handling infrastructure.

Here is a link to the full filing - worth a read as WaterBridge is mentioned over 300 times in the document and "produced water" comes up over 300 times as well

Quoting the filing: "On May 10, 2024, we acquired approximately 103,000 surface acres in Loving and Winkler Counties, Texas, and Lea County, New Mexico (the “East Stateline Ranch”) from a private third-party seller (the “East Stateline Acquisition”). In tandem with the East Stateline Acquisition, WaterBridge, an affiliated entity, acquired brackish and produced water handling infrastructure located on the East Stateline Ranch and the associated commercial contracts from the same seller (the “WaterBridge Stateline Acquisition”). Additionally, on May 10, 2024, we acquired approximately 34,000 surface acres in Lea County, New Mexico and Andrews County, Texas (the “Speed Ranch”) from the same private third-party seller from which we acquired the East Stateline Ranch (the “Speed Acquisition” and, together with the East Stateline Acquisition, the “May 2024 Acquisitions”). Finally, on March 18, 2024, we acquired approximately 11,000 surface acres in Lea County, New Mexico (the “Lea County Ranches” and, collectively with the East Stateline Ranch and the Speed Ranch, the “Acquired Lands”) from a private third-party seller (the “Lea County Acquisition”). We refer to the East Stateline Acquisition, the Speed Acquisition and the Lea County Acquisition collectively as, the “Acquisitions”."

Deep Blue, a joint venture between Diamondback Energy and Five Point Energy, announced it has acquired Lagoon Operating – Midland, LLC ("Lagoon"). This strategic acquisition further solidifies Deep Blue's position as a key player in sustainable water management in the core of the Midland Basin.

IBAT is working with resource holders of oilfield brines, brine aquifers, and industrial customers with brine by-products.

The drive for domestic lithium has found an unexpected ally in fracking wastewater.

In a new study, researchers from the University of Pittsburgh found that as much as 40% of America’s lithium demand could be satisfied by lithium in wastewater from Pennsylvania natural gas wells.

Over the years, MWCD has leased tens of thousands of acres for Utica Shale drilling and cut deals to sell water to drillers for fracking. It has been one of the biggest success stories in the Buckeye State in the last decade, generating more than $1 billion in economic stimulus. Yet anti-fossil fuelers are *still* trying to shut down this success story!

Researchers sampled freshwater mussels downstream from a centralized wastewater treatment facility in western Pennsylvania that had accepted and treated fracking wastewater from the oil and gas industry for “two decades.” They found low levels of radium in the mussels, radium that can be attributed to fracking wastewater.