Fracking Water Provider Select Energy Considers a Sale

Select Energy Services Inc., a provider of water to shale drillers, is in the early stages of considering a sale, according to people familiar with the matter.

The Gainesville, Texas-based company has spoken to advisers about exploring strategic options, including a potential sale, said the people, who asked to not be identified because the matter isn’t public. Select Energy Services hasn’t made a final decision and could opt to remain independent, the people said.