Deep Blue
- Company typePrivate
- Founded2023
- HeadquartersThe Woodlands, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
Deep Blue firmographics
Firmographics- Name
- Deep Blue
- Legal name
- Deep Blue Midland Basin LLC
- Website
- https://deepbluewater.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Deep Blue industry classification
Industry- Product category
- Midstream Water Infrastructure Services
- NAICS
- Other Pipeline Transportation (4869), Water Supply and Irrigation Systems (22131)
- SIC
- Pipe Lines (No Natural Gas) (4610), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Produced Water Gathering & Disposal Pipelines (TLAGAJAD)
Keywords
Where Deep Blue is headquartered
LocationHeadquarters
- HQ city
- The Woodlands
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Deep Blue business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D
Revenue model
- Water Infrastructure Services: Deep Blue generates revenue by providing water management infrastructure services to oil and gas exploration and production companies. The company collects fees for disposing of produced water and supplying freshwater for hydraulic fracturing operations. Revenue is derived from gathering, storage, treatment, and disposal services delivered through its integrated pipeline network infrastructure.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Deep Blue product offering
Product offeringCore offering
Deep Blue develops, owns, and operates integrated midstream water infrastructure networks for oil and gas exploration and production companies in the Midland Basin. The company provides produced water gathering, storage, reuse, and disposal services through an 800+ mile pipeline network, 2+ million barrels per day of permitted disposal capacity, and 66+ million barrels of storage capacity. Services include freshwater supply for hydraulic fracturing operations and desalination-based water treatment via a partnership with Bechtel.
Product overview
Deep Blue is a Midland Basin sustainable water management company that develops, owns, and operates integrated midstream water infrastructure networks for exploration and production companies. The company operates as a single unified platform offering produced water disposal, gathering, redelivery, and storage services through its extensive pipeline network (800+ miles) with 2+ million barrels per day of permitted produced water capacity and 66+ million barrels of storage capacity. The company has grown through acquisitions, including Environmental Disposal Systems from Diamondback Energy ($750 million deal nearly doubling its size) and Lagoon Operating – Midland, LLC, strengthening its leadership position in water infrastructure in the Midland Basin.
Differentiator
Problem solved
Functional benefit
Products and services
- Produced Water Disposal Services Safe, reliable disposal of produced water through permitted disposal wells and pipeline infrastructure, supporting oil and gas exploration and production operations in the Midland Basin.
- Water Gathering and Redelivery Services Gathering and transportation of produced water through an 800+ mile pipeline network across the Midland Basin, with redelivery capacity of 500,000+ barrels per day to support hydraulic fracturing and other oilfield water needs.
- Water Storage Solutions Storage of produced water with 66+ million barrels of water storage capacity distributed across the company's infrastructure network in the Midland Basin.
Quantifiable outcome
- 2+ million barrels per day of permitted produced water capacity
- +3 more outcomes
Companies that use Deep Blue
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Deep Blue technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Deep Blue partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BechtelminorBechtel partnered with Five Point Energy to bring desalination technology to the Permian Basin. This technology partnership focuses on treating produced water through advanced desalination methods to support sustainable water management in oil and gas operations.
Scale indicators7 records
Recent moves5 records
Expansion highlights5 records
Deep Blue competitors and assessment
Company assessmentBroad incumbents
- Halliburton: Halliburton is a major oilfield services incumbent with water-related services tied to its completions and production chemicals businesses, including water sourcing and treatment for hydraulic fracturing. Adjacent to Deep Blue's value chain via E&P completion support, but operates as a broad service company rather than a Permian water pipeline owner.
- NGL Energy Partners: NGL Energy Partners operates a Water Solutions segment providing produced water transportation, recycling, and disposal in the Permian alongside its broader crude oil, NGL, and refined product logistics business. Comparable on the water midstream business line, though NGL is a more diversified midstream incumbent.
- SLB (Schlumberger): SLB is a global oilfield services incumbent with water management offerings spanning completions fluids, water sourcing, and treatment for unconventional operations. Comparable to Deep Blue as a supplier of water-related services to E&Ps, though SLB operates broadly across oilfield services rather than as a dedicated Permian water midstream specialist.
Direct peers
- Aris Water Solutions: Aris is the most direct publicly-traded comparable: a Permian-focused produced water midstream platform operating gathering pipelines, recycling, and disposal capacity for E&P customers. Closely overlaps with Deep Blue on geography (Permian), service mix (produced water gathering and disposal), and customer base.
- WaterBridge NDB: WaterBridge is a large-scale Permian produced water midstream operator with gathering, disposal, and recycling assets serving E&P customers in the Delaware Basin. Comparable to Deep Blue on asset type (permitted disposal + pipelines) and customer base (Permian E&Ps).
- Select Water Solutions: Select Water Solutions is a Permian water midstream competitor offering water sourcing, transfer, recycling, and disposal services to E&Ps. Directly competes with Deep Blue in produced water gathering and disposal within the Midland and Delaware basins, with comparable per-barrel fee model.
- XRI Holdings: XRI is a Permian water midstream operator providing produced water gathering, recycling, and disposal services to E&P operators. Competes with Deep Blue on produced water volumes in the Permian and shares the same per-barrel contract model.
Others
- Veolia Environnement: Veolia is a global water services and technology provider with industrial water treatment and reuse capabilities relevant to produced water desalination and reuse. Comparable to Deep Blue as a water-treatment technology and reuse ecosystem player, though Veolia does not operate Permian produced water pipelines directly.
Market position
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Deep Blue social profiles
Digital presenceDeep Blue financial estimates
Financial estimateRevenue estimate
Valuation estimate
Deep Blue leadership team
Management profileNumber of profiles
Profiles5 records
Deep Blue subsidiaries and ownership
Company hierarchySubsidiaries2 records
Deep Blue funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Deep Blue M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Deep Blue
What does Deep Blue do?
Deep Blue develops, owns, and operates integrated midstream water infrastructure networks for oil and gas exploration and production companies in the Midland Basin. The company provides produced water gathering, storage, reuse, and disposal services through an 800+ mile pipeline network, 2+ million barrels per day of permitted disposal capacity, and 66+ million barrels of storage capacity. Services include freshwater supply for hydraulic fracturing operations and desalination-based water treatment via a partnership with Bechtel.
Is Deep Blue a public or private company?
Deep Blue is a private company. It is classified as private equity controlled and is currently operating.
When was Deep Blue founded?
Deep Blue was founded in 2023. It employs 51 to 100 people.
Where is Deep Blue based?
Deep Blue is headquartered in The Woodlands, United States, in the North America region.
How does Deep Blue make money?
One revenue line is on record: water Infrastructure Services.
Who are Deep Blue's main competitors?
Broad incumbents on record are Halliburton, NGL Energy Partners and SLB (Schlumberger). Direct peers are Aris Water Solutions, WaterBridge NDB, Select Water Solutions and XRI Holdings. Veolia Environnement is listed as an others.
Does Deep Blue have an API?
No public API is recorded for Deep Blue.
What industry is Deep Blue in?
Deep Blue's product category is Midstream Water Infrastructure Services. Its primary akta.pro industry code is TLAGAJAD, Produced Water Gathering & Disposal Pipelines. Its NAICS code is 4869 and its SIC code is 4610.