LRE has created a wholly owned subsidiary, NextSource Water Solutions, LLC (“NextSource”), to provide our clients with turnkey water management solutions such as management of water delivery/treatment & reuse/disposal systems. We also partner in the design, buildout, ownership, and financing of these systems. Developed specifically for unconventional O&G firms, NextSource provides comprehensive water management solutions that reduce total water costs, improve margins, and meet project lifecycle needs.
NextSource also ensures that legal guidance and engineering services regarding water management solutions are consistent with the firm’s business objectives. The primary benefit of NextSource to our clients is that for a substantial cost savings over hiring employees, our clients can take advantage of over 70 years of water rights, law, logistics, and water solution experience. Moreover, our professional liability insurance protects clients from any error or omission. NextSource’s professionals maintain strong relationships with State Engineers in the western US, skilled Colorado water counsel, and expert engineering design companies.