What Did 350+ Oilfield Water Executives Talk About For Two Days In Fort Worth This Week?
The 3rd Oilfield Water Markets Conference May 17-18, 2023 was a tremendous success, showcasing sustainability trends and the executives, firms, and ideas driving remarkable progress in the produced water business. Over 350 leaders gathered for an exciting and forward-thinking discussion at the Fort Worth Convention Center.
Alongside candid acknowledgement of the volumetric challenges associated with produced water as demand for U.S. oil production increases, there was recognition of how far the industry has advanced in recent years and discussion about cutting-edge innovation.
For example, data shown at the event at the event by regulators, third-party geoscientists, and water managers provided evidence of a peak and decline in seismic activity in key zones after recent proactive measures taken by energy firms and regulatory bodies.
Executives also discussed at length the evolving transactional themes that are enabling progress including contracting, commercialization, funding, and consolidation trends.
Participants were optimistic that continued investment themes such as recycling, interconnectivity, and beneficial reuse will drive additional progress, creating sustainable flow assurance in the shale hydrocarbon industry, which is an essential component of energy supply, economic growth, and national security in the United States.
“Something that stood out to everyone in attendance at this event was the market participants’ deep care for and investment in environmental stewardship,” said Joseph Triepke and Pete Cook, managing partners at Oilfield Water Connection. “E&Ps and water midstream firms alike are investing tens of billions of dollars in new infrastructure to increase water stewardship and mitigate risk. The future of this sector is exciting and its leadership is strong – we are impressed at the creative innovations entering this robust marketplace at unprecedented scale.”
Please save the date for two upcoming events that will continue this week’s discussion:
- August 9, 2023 2nd Annual Marcellus Shale Water Business Update (Pittsburgh PA)
- November 2, 2023 5th Annual Oilfield Water Industry Update (Houston, TX)
About Oilfield Water Connection:
Oilfield Water Connection is the leading event platform devoted entirely to the marketplace, business, finance, and sustainability aspects of the oilfield water management industry. We deliver a dedicated forum to E&P, water midstream, and oilfield service executives as well as investors. The format, topics, and speakers at Oilfield Water Connection conferences are carefully selected to provide valuable information and opportunities for industry business people and leaders. For more information, please visit www.oilfieldwater.com