Aris Water Solutions Inc. has announced a significant extension of its Water Gathering and Disposal Agreement with ConocoPhillips. The agreement, which has been extended from May 31, 2033, to May 31, 2040, solidifies the longstanding partnership between the two companies. This extension not only lengthens the contract term but also enhances revenue visibility for Aris, buoyed by ConocoPhillips' robust multi-decade inventory. Aris will continue to provide comprehensive water infrastructure services, including recycled water supply and produced water handling, in the Northern Delaware Basin. This development underscores Aris's role as a key player in delivering reliable water solutions to its dedicated customers.
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