Great Southwest Regional Center, LLC
Cavalry Water Recycling
Water recycling and solids processing infrastructure in West Texas.
I-956F Approved March 26, 2024
Pecos, Texas
Rural Area
Cavalry Project
West Texas InfrastructureProject materials identify an 80-acre property in Reeves County.
Project Overview
A water recycling and solids processing project serving the oil and gas industry.
The USCIS I-956F approval describes the project as a water recycling and solids processing facility located at #6 West CR 131 in Pecos, Texas 79772.
Approved project scope also includes the acquisition and operation of mobile equipment units servicing the oil and gas industry at multiple locations throughout Texas and surrounding oil fields.
Pecos, TXProject location
Rural AreaUSCIS approved designation
$40.6MTotal project cost
$20MEB-5 equity
$20.6MDeveloper equity
Up to 25Immigrant investors in NCE
USCIS Milestone
Initial I-956F approved on March 26, 2024.
Great Southwest Regional Center filed the Initial I-956F on June 12, 2023. USCIS approved the Regional Center's request on March 26, 2024 after determining that the application complied with EB-5 requirements.
The approval also confirms the project address as a targeted employment area that satisfies the definition of a rural area.
Official Project Document
I-956F Approval
View Document
Produced Water Context
Why water management matters in the Permian Basin.
The project presentation describes hydraulic fracturing as a process that injects liquid and materials at high pressure to stimulate oil and gas production in tight shale formations.
It also explains that fluids associated with oil and natural gas production are commonly handled through saltwater disposal wells, while positioning Cavalry Recycling as a treatment solution for operators facing disposal constraints.
Up to 10xProject materials state that for one barrel of oil produced in the Permian, up to ten barrels of wastewater may be produced.
3.8BBarrels of wastewater per year are cited in the project presentation for oil and gas companies in the arid Permian Basin.
68%The presentation cites a reduction in saltwater disposal well injection capacity in a producing area during the referenced earthquake emergency.
Context figures reproduced from the provided project presentation. Sources cited in that presentation include the Texas Tribune and B3 Insight.
Operating Model
The Cavalry system, as presented in the project materials.
The project presentation highlights five attributes for the operating model.
Sustainable Model
True Partnership
Green Process
No Chemicals
Circular Economy
Waste becomes six sources of revenue.
The project presentation describes a one-stop-shop model built around multiple produced-water and recovered-material revenue streams.
Fresh Water Sales
Produced Water
Oily Water
Truck Washout Sales
Tank Bottoms
Off-Spec Crude Sales
Project Video
See Cavalry in motion.
Offering Highlights
Preferred equity structure presented for EB-5 investors.
Investment
$800,000 EB-5 preferred equity group investment
Preferred Return
5% fixed annual preferred return
Capital Position
No lines of credit, no mezzanine loans and no senior loans are identified in the project presentation.
Structure
The project presentation states that EB-5 investors are first in line.
Offering terms should be confirmed against the current confidential private placement memorandum, subscription agreement and any subsequent amendments.
EB-5 Process
An illustrative investor process.
The sequence below summarizes the principal investor process reflected in the project materials. Timing and case-specific requirements should be confirmed with current offering documents and qualified immigration counsel.
Preliminary Review
Complete the preliminary questionnaire and receive the confidential offering documents for the EB-5 investment.
Subscription and Funds
Sign the subscription agreement, prepare source-of-funds documentation and complete the required fund deposit and administrative fee.
I-526E Petition
The investor's immigration attorney submits the regional center investor petition to USCIS.
Visa or Adjustment
Following petition approval, the investor proceeds with the applicable immigrant visa process or adjustment of status.
Conditional Residence
After approval of the immigrant visa or adjustment of status, the investor enters conditional permanent resident status.
I-829 Petition
Upon approval of the I-829 petition, the conditions on permanent residence are removed.
Project Execution
Texas-based oil field construction experience.
Published Cavalry project materials identify Urbanovsky Advanced Construction, LLC as the Texas-based company that will build and maintain the project.
That page states that Advanced has operated in oil field support since 1999, maintains more than 100 employees and has experience building, maintaining and operating saltwater disposal and recycling facilities.
It also states that Advanced Construction built more than 45 saltwater disposal facilities for third parties from 2007 through 2014.
Project Gallery
South Pecos, Orla and Barstow.
Request Information
Learn more about Cavalry Water Recycling.
Contact Great Southwest Regional Center to request additional project information and current offering materials.
Disclaimer
The material presented on this website is for general informational purposes only and is not an offer to sell or a solicitation of an offer to buy any security by Great Southwest Regional Center, LLC or any of its affiliates. This material may not be relied upon in connection with the purchase or sale of any security. Securities, if offered, will only be available to persons who are "accredited investors" or otherwise qualified investors pursuant to a confidential private placement memorandum and subscription agreement.