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April 15, 2014
08:02 EDTNESNuverra Environmental names Joseph Crabb as EVP, Chief Legal Officer
Nuverra Environmental Solutions has named Joseph M. Crabb as EVP and Chief Legal Officer, and Stephen K. London as Vice President of Business Development. Crabb joins Nuverra from Squire Sanders LLP, where he was a partner and group leader of the corporate practice group in the firmís Phoenix office.
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November 25, 2014
10:10 EDTNESHigh option volume stocks
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07:05 EDTNESNuverra Environmental announces contract with XTO Energy for pipeline services
Nuverra Environmental (NES) announced that it has entered into a long-term definitive agreement with XTO Energy, a subsidiary of Exxon Mobil (XOM), to provide water-related pipeline services in McKenzie County, North Dakota. Under the agreement, Nuverra will build the 150-mile McKenzie County Pipeline Network to provide produced water gathering and disposal services and fresh water delivery. The XTO agreement is a long-term, fee-based gathering agreement. The Network will serve XTO's dedicated acreage, as well as other operator wells in the area. The Network will feature fixed, buried pipelines, which will include a gathering line to transport produced and flowback water for disposal or recycling and a distribution line for fresh water delivery. The Network is projected to cost $125M-$150M, based on current engineering and construction specifications, with completion during the fourth quarter of fiscal 2015. Construction is expected to begin in May 2015.

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