Lagoon is the largest water midstream company based in Oklahoma, developing and operating expansive infrastructure throughout the Anadarko and Permian basins. In both Oklahoma and Texas, we develop all components of water infrastructure, from providing reused/recycled water for hydraulic fracturing operations to gathering and disposing of produced water.
Our current assets are comprised of commercial disposal wells, extensive pipeline gathering systems and a water recycling facility with 1.2 million barrels of storage capacity. Lagoon partners with operators to acquire existing water infrastructure and support production growth through organic development.
We strive to build a corporate culture that promotes safety, family, cost consciousness, and innovation along with prudent environmental stewardship. The safety of our employees is paramount to the success of our company. We look for like-minded partners and employees that embrace a culture of excellence geared to not only provide industry-leading customer support but to also support our families and personal lives along the way.
Founded with a small footprint in the northern Anadarko Basin of Oklahoma
Macquarie Infrastructure Partners committed $500 million to Lagoon through a 10-year, $5 billion fund; the partnership allows our company to operate without debt and focus on building long-term value
Closed on a $85 million purchase of Continental Resources’ water recycling facility, gathering system and three related disposal wells in Blaine County, Oklahoma
Made a strategic entry into the Permian Basin by acquiring Double Drop Resources, a rapidly growing full-service water midstream company in Texas’s Midland and Martin counties
Achieved 1,000 consecutive days without an OSHA Recordable Injury for employees or contractors
Our vision is to build a best-in-class company with dedicated people focused on safety and service to our employees and customers.
Servant Mindset | Serve our customers, our community, and our employees.
Focus on People | Treating others with dignity and respect.
Stewardship | Be good stewards of our environment and corporate resources.
Integrity | Doing the right thing, even when no one is looking and even when it’s difficult.
Safety | Keeping safety at the forefront of everything that we do.
Our culture of excellence champions:
- Cost Consciousness
- Prudent Environmental Stewardship