Landbridge Company LLC, through its partner WaterBridge, has expressed strong support for the recent permitting regulations announced by the Railroad Commission of Texas $(RRC)$ for produced water handling facilities in the Permian Basin. WaterBridge, a leader in produced water midstream infrastructure, stated that the updated guidelines are well-aligned with their current practices and will not materially impact their operations. The company emphasized its commitment to regulatory excellence, environmental responsibility, and industry leadership. By leveraging its partnership with LandBridge and other landowners, WaterBridge aims to continue providing innovative and sustainable water management solutions. CEO Jason Long commended the RRC's efforts to mitigate seismicity risks and highlighted WaterBridge's proactive approach in engaging with regulators to ensure compliance and industry advancement.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.