What happened to holiday weeks being light on news flow? No days off in this active corner of the oilpatch! Today’s newsletter is a cornucopia full of important oilfield water reads on Federal land lease sales, M&A, the 2020 oilfield outlook, corporate strategy, field-level trends, C-Suite turnover, and more. After
There is news out this morning from Goodnight Midstream. The water midstream firm is expanding in the Eagle Ford and has fully integrated Wyatt Water, which they acquired in 2017. The fact that Goodnight is building “Rooster” (a new SWD facility in DeWitt County in the Eagle Ford) got us
The outlook for 2020 US E&P upstream spending has faltered over the past four to six weeks. Six months ago, consensus 2020 E&P capex expectations were flat year-over-year. Now consensus is coming down and triangulating on a 10-15% contraction next year. While the water management sector is far better insulated
Before getting to the news digest today, we are hopping on the soapbox for just a minute here. Last year, there were no oilfield water events entirely dedicated to capital markets, supply chain management, M&A, procurement and marketplace issues. Following the success of our two 2019 events (hat tip to
Do you remember the American general-interest family magazine Reader’s Digest? Ok…ok… so maybe we are showing our age a little bit around here, even though the publication is still around. Before the Internet came along though, that little paperback was a must-read page-turner. Reader’s Digest was the original click-bait before
In a newsflow spotlight section in today’s digest below, you’ll find a series of articles from the past week that we’ve categorized as “TROUBLE IN SHALE.” It will come as no surprise to our informed readership that the tight oil and shale gas industries are under intense pressure these days.
The E&P M&A narrative continues to factor heavily into another weekly oilfield newcycle after “Merger Monday” (one actual deal, one rumored deal reported involving four publicly traded Independent E&Ps). We believe E&P operator consolidation in the US onshore business is a trend with legs. When the dust settles, we wonder
On behalf of the Oilfield Water Connection team, thank you to everyone who came out to our Industry Update Conference last Friday at the Houston Petroleum Club. Whether you sponsored, spoke or attended – your presence contributed to a highly productive day for the industry we serve. This well-attended event
There are only two days left to wait until 170+ professionals gather at the Oilfield Water Industry Update conference at the Houston Petroleum Club. This Friday, October 4, promises to be a great day of knowledge sharing and networking, but you don’t have to take our word for it. Towards the
Oil industry history is rich with larger than life characters. While the wildcatting days have mostly transitioned into a corporate-dominated landscape in the unconventional era, the oilfield still produces its fair share of big personalities and wild stories. As most of our Permian readers have probably heard by now, the
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