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Select LLC Completes Acquisition of Pilot Water

PRIVATENov 02, 2026

Acquiring Company

Select

Acquired Company

Pilot Water

OklahomaOklahomaEnergyWaterWater PurificationEnergyOil And GasWaterWater Purification

Description

Select LLC has completed the acquisition of Pilot Water, acquiring all outstanding membership interests. The transaction includes approximately $600 million in cash and over 5 million shares of Select LLC's Class A common stock. Additionally, there is a contingent payment arrangement based on operational milestones.

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Company Information

Company

Select

Location

Oklahoma, United States

About

Select LLC is a company engaged in the acquisition and management of midstream water assets. They focus on providing solutions in the water disposal and pipeline infrastructure sector, particularly in resource-rich areas like the Delaware Basin. Their expertise allows for efficient water management in energy production processes.

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Frequently asked

Who acquired Pilot Water?

Pilot Water was acquired by Select, based in Oklahoma. The deal was reported on November 2, 2026. Select LLC is a company engaged in the acquisition and management of midstream water assets. Select is privately held and operates in Energy.

When did Select acquire Pilot Water?

Select's acquisition of Pilot Water was reported on November 2, 2026. Select LLC has completed the acquisition of Pilot Water, acquiring all outstanding membership interests. The transaction includes approximately $600 million in cash and over 5 million shares of Select LLC's Class A common stock. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pilot Water do?

Pilot Water is a midstream water company specializing in produced water disposal and pipeline infrastructure. They operate primarily in the Delaware Basin, playing a crucial role in water management for oil and gas extraction activities. It is privately held, operating in Energy, and is based in Oklahoma.

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