From the operator's earnings call this week: "One of the questions I get quite often because of the great success we've seen on simulfrac is why not convert all of our fleets to simulfrac. And there's a couple of things that limit that. One, is logistics, particularly around water because we basically doubled the water requirements in one area if all of our frac fleets were working under some frac operations - we'd have to spend a significant amount of capital to upgrade our water systems..." See Q&A of transcript

Rep. Frank Pallone (D-NJ) introduced the Climate Leadership and Environmental Action for our Nation’s Future Act (CLEAN Future Act) in March. The bill contains a provision that could make most oil and gas wells too expensive to operate, forcing them to close. A report published by Rice University’s Baker Institute for Public Policy found water produced from oil and gas wells can currently be disposed of in 180,000 Class II wells across the country because it is not classified as hazardous and thus needs no special handling. However, the report says, if the water is classified as hazardous waste, there are fewer than 200 Class I wells nationwide that would be permitted to take it.

Something eerie is going on beneath the land, where Watt once played among the mesquite trees, jackrabbits and javelina and first drove the dirt roads at 10 years old. One by one, the wells seem to be unplugging themselves. They’re leaking dangerous chemicals that are seeping into groundwater beneath her ranch.

Oil prices fell on Wednesday as the spread of the coronavirus Delta variant in top consuming countries outweighed Mideast geopolitical tensions and a fall in U.S. inventories.

Natural-gas futures have gained 37% since April and are more than twice the price of a year ago. They settled Tuesday at $4.027 per million British thermal units.

EVX Midstream goes live with W Energy Software's cloud-based transportation management solution, enabling Eagle Ford producers to lower produced water transportation and disposal costs by completely automating dispatch and optimizing truck routes in real time.

With the goal to expand its electrification, the San Antonio-based fleet placed an initial order of 10 Hyliion Hybrid Electric units earlier this spring.

Commercial Manager - Water Services

Mr. Stone will assume daily responsibility for executing the operations for all segments of Intrepid’s business.

NexTier takes another leap forward in their commitment to provide low-cost, low-carbon solutions to the oil and gas industry.