Press

Sourcewater, Inc. Announces $7.2 Million Series A Funding

Sourcewater, Inc., the leader in oilfield water intelligence, has closed a $7.2 million Series A share offering led by Bison Technologies, Marubeni Corp and major energy family offices. Houston, Texas, September 3, 2019: Sourcewater, Inc., the leading provider of oilfield water intelligence, closed a $7.2 million Series A share offering led by Bison Technologies, with major…

Read More

Sourcewater Acquires Competitor’s Assets, Eyes Further Buys, CEO Says

Sourcewater, a Houston-based oilfield water intelligence company, recently acquired a competitor and is considering further acquisitions, said CEO Josh Adler. Adler, who is the principal owner, initially founded the company in 2014 as an online oilfield water and recycling marketplace, he said. He soon realized that the developing water ecosystem was generating demand for more…

Read More

Sourcewater Featured in Midstream Business Magazine: Water Management: Three Pipes in a Ditch

Based on volumes of production, the industry that calls itself “the oil and gas business” should properly be called the “saltwater business.” In some conventional and most shale plays, there are six or eight barrels (bbl) of water brought to the surface for every barrel equivalent of hydrocarbons. What to do with it? Posted on midstreambusiness.com…

Read More

Sourcewater announces strategic funding from Marubeni Corporation

Sourcewater.com, the water marketplace for the energy ecosystem, received funding from Marubeni Corporation, a fortune global 500 trading and investing conglomerate. HOUSTON, TEXAS – September 18, 2017 – Sourcewater, Inc. (www.sourcewater.com), a spinout from MIT’s Energy Ventures program, announced that it had received funding from Marubeni Corporation (www.marubeni.com), a $65-billion revenue global trading company that is…

Read More