Blackbuck Resources LLC

Blackbuck Resources LLC

Blackbuck Resources LLC was founded in July 2018 by Justin Love, who remains Executive Chairman; Samuel Oliver became CEO after serving as Chief Commercial Officer. The firm evolved from a water treatment technology company into a full-service water midstream provider, distinguishing itself from traditional disposal operators by maintaining a technology and services DNA (per the firm's website). Strategy centers on building loop systems that support field development, with flexible offtake agreements rather than acreage dedications. Asset-class coverage includes water treatment, storage, pipeline infrastructure, saltwater disposal, and brine sourcing. The firm's Permian Basin footprint spans the Texas Delaware Basin (TR UE Blue SWD in Culberson County, 40,000 BPD permitted capacity after a 2025 shallow conversion) and the New Mexico Delaware Basin (approximately 90 miles of gathering pipeline, 132,000 BPD installed and permitted capacity, plus the Patriot Devonian SWD with 25,000 BPD). Clients are E&P operators on four continents. The team of roughly eight named executives includes Chief Financial Officer Luis Mier (formerly CFO of BlackBrush Oil & Gas), SVP Land & Business Development Barry Riley (ExxonMobil and ConocoPhillips veteran), and VP Operations & Engineering Cameron Weddle. Adjacent vehicles include Love Energy Advisors, a consulting agency founded by Justin Love, and Ion Minerals, an E&P company focused on lithium extraction from brine, where Love serves as CEO. The firm was named #289 on the Inc. 5000 list and #5 on the Houston Business Journal Fast 100 list. Structural differentiator: Blackbuck is the only water midstream company that grew out of a water treatment technology and services background, giving it an operator's perspective rather than a pure midstream lens. Its flexible offtake model — avoiding long-term acreage dedications — allows adaptation to shifting E&P demand timing and location.