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Overview
XRI Water provides full-cycle water services for upstream oil and gas, handling sourcing, transport, storage, treatment, recycling, and disposal of water used in hydraulic fracturing in the Permian Basin. It runs a large infrastructure network—about 415 miles of buried pipelines and multiple recycling facilities—that moves and processes over 1.2 million barrels of water per day, including turning produced water into reusable supply. The company differentiates itself through its scale, long-term contracts with major operators, and an integrated midstream model that combines logistics with recycling. Its goal is to enable sustainable energy operations by expanding produced-water recycling and reuse, reducing freshwater use and environmental impact while providing reliable water services.
About XRI Water
Industries
Industrial & Manufacturing
Energy
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Midland, Texas
Founded
2015
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Simplify's Take
What believers are saying
- XRI says 2026 Delaware Basin expansion adds large-diameter pipeline and recycling capacity.
- Operator contracts with Chevron, XTO Energy, and Pioneer support Evolution Pipeline utilization.
- A 2026 XRI update claims rapid Permian growth and 22 million daily water barrels.
What critics are saying
- NGL Energy Partners already manages 1.8 million barrels per day in the Delaware Basin.
- Texas litigation over co-founder Greg Holifield's loan and collateral seizure exposed governance fractures.
- A sustained produced-water downturn strands XRI's pipeline network and contract-fixed equity value.
What makes XRI Water unique
- XRI controls 400+ miles of pipelines and treatment infrastructure across the Permian Basin.
- Its recycling-first network targets produced water reuse, not just disposal, lowering seismicity exposure.
- Morgan Stanley Energy Partners backed XRI since 2016, financing asset-heavy, long-contract expansion.
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Benefits
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 12%1 year growth
↑ 12%2 year growth
↑ 13%NGL Energy Partners LP is collaborating with XRI Holdings, LLC to advance full cycle produced water management across operations in the prolific Delaware Basin.
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About XRI Water
Industries
Industrial & Manufacturing
Energy
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Midland, Texas
Founded
2015
XRI Water is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today