Select Water Solutions Inc
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
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Item 2. Properties
We lease space for our principal executive offices in Houston and Gainesville, Texas and we also lease local office space in the regions in which we operate. Additionally, we own and lease numerous storage facilities, trucking facilities and sales and administrative offices throughout the geographic areas in which we operate. In connection with our Chemical Technologies segment, we own two primary manufacturing facilities in Texas, and we lease three primary regional distribution centers through which we provide products to our customers in all major U.S. shale basins. Our leased properties are subject to various lease terms and expirations.
We believe all the properties that we currently occupy are suitable for their intended uses. We believe that our current facilities are sufficient to conduct our operations. However, we continue to evaluate the purchase or lease of additional properties or the sale or consolidation of our properties, as our business requires.
The following table shows our active leased and owned properties categorized by segment as of December 31, 2023:
| | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|
| Region | | Water Services | | Water Infrastructure | | Chemical Technologies | | Corporate & Other | | Total |
| | | | | | | | | | | |
| Leased | | 59 | | 16 | | 4 | | 3 | | 82 |
| Owned | | 36 | | 28 | | 5 | | — | | 69 |
| | | 95 | | 44 | | 9 | | 3 | | 151 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.