Press Releases



Environmental solutions company 212 Resources moves to Houston

Houston Business Journal




by Deon Daugherty, Reporter

Date: Wednesday, September 19, 2012, 9:36am CDT

212 Resources, a water treatment company in the energy space, has moved to Houston.

When Stephen Hester left his job at Baker Hughes Inc. (NYSE: BHI) to lead Utah water-treatment company 212 Resources, he knew that one key to the company’s success would mean moving the company to a major oil and gas hub.

Houston was the best place from my perspective,” he said.

Hester, president and CEO of 212, led his team of about a dozen employees from Salt Lake City to the Bayou City near the end of the second quarter of 2012. To find qualified workers, such as scientists and engineers, Hester called upon connections he’d made working for Baker Hughes. Also, he said, 212 benefited from downsizing at NASA.

We actually have a rocket scientist on board now,” he said.

Hester joined the company in May 2010, after working for Houston-based Baker Hughes as director for technology portfolio solutions.

He expects to add one or two employees to the Houston office each month for the next year, and the company needs office space to expand. Altogether, the company has 60 employees across two locations in Texas, one in Denver and one in Wyoming.

The company has leased about 4,500-square-feet of space on Heathrow Forest Parkway, but it is looking for at least double the space for a longer-term home, Hester said.

Founded in 2006, 212 Resources has engaged mostly on the water-treatment side of tight natural gas formations in Wyoming and Colorado. Now, 212 is branching out into the unconventional oil formations, such as those in the Permian Basin.

As Hester explained, the company takes produced water or flowback water from hydraulic fracturing operations and distills it through a proprietary procedure that’s covered by three U.S. patents. The process produces two streams of effluent: One is a concentrated brine that can be used as drilling fluid, and the other is distilled and can be used with certain additives for other operations, he said.

Companies that provide water treatment services are rushing to the region. Earlier this week, Houston’s TPH Partners formed a partnership with Midland’s Big Horn Energy Services to offer the services to the Permian Basin area. Former Halliburton Co. (NYSE: HAL) executive John Nava will lead that project.

http://www.bizjournals.com/houston/blog/drilling-down/2012/09/environmental-solutions-company-moves.html

 

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