Phoenix-based waste-management company Republic Services, Inc. announced on Friday that a subsidiary of Republic Services will acquire Tervita, LLC, a subsidiary of Tervita Corporation. Tervita is a leading pure-play environmental waste solutions provider serving oil and natural gas producers throughout the United States. Tervita’s geographic footprint includes the Permian, Eagle Ford and Bakken.
Just over a week ago, the North Dakota State Health Department proposed new rules allowing oil companies to dispose of radioactive oilfield waste at select North Dakota landfills, versus hauling it out of state. State regulators said the proposed rules will help track oilfield waste and is a response to the growing number of illegally tossed filter socks, the tubular nets that strain liquids during the oil production process. North Dakota generates up to 75 tons of radioactive waste every day, largely from oil filter socks.
Tervita provides oilfield waste services to its diverse customer base and operates three types of waste management and disposal facilities. Those facilities include treatment, recovery and disposal (TRD) facilities, engineered landfills, and salt water disposal (SWD) injection wells.
Donald W. Slager, president and CEO of Republic Services commented:
“The acquisition of this vertically integrated operation allows Republic Services to establish a significant platform in the E&P waste sector and positions us well for future growth opportunities.”
You can read about the acquisition in its entirety here.