Oilfield Water Weekly
Wednesday January 27, 2021
The topics are listed here as well as many of the speaker names (including our opening keynote), and we’ll continue to add industry leaders to the speaker list as we are in advanced discussions with many folks around the industry.
Meanwhile, a flurry of good news over the past week adds confidence as we move forward. Oil industry in-person conferences resumed last week with a big turnout at an oilfield service conference in Houston. WTI is over $60. Gov. Abbott fully reopened Texas yesterday. New Covid cases have plunged. And all U.S. adults are expected to have access to a vaccine by May.
Although we are cautiously optimistic about the trends in 1H21, we want to assure all participants at our upcoming conference of three things:
- Despite all the good news, nothing is changing about our Covid protocols for the event, which adhere to the local mandates in place now. For example, we will be asking attendees to mask up, we will have plenty of sanitation stations, and we will be social distancing the room / seating / booth configurations. We are working diligently with the Hyatt Regency to ensure that all participants feel confident that everything is done with their safety and wellbeing as top priorities.
- Our Covid guarantee protects your registration / sponsorship investment – if the event is cancelled or postponed by us or regulatory restrictions, we’ll refund your registration investment.
- We will not go virtual with this event and there will be no live stream or zoom components – we are committed to safely and responsibly gathering in person again.
Now here is this week’s water news…
Agenda Unveiled For The Only In-Person Water Midstream Conference On The Calendar In 1H21
Hundreds of oilfield water industry leaders plan to gather this May 12th and 13th at the Hyatt Regency Frisco to discuss industry trends, market structure/solutions, and other business topics related to produced water and pre-frac source water. The conference agenda was unveiled for the first time today, and can be viewed here...
Climate-Proofing Water Systems Needs Billions, Advocates Say (3)
Municipal utilities and clean water organizations are calling on Congress to expand the EPA’s water infrastructure programs to help them climate change-proof drinking water and wastewater systems following last week’s deep freeze in Texas.
Layne Water Midstream Works Through The TX Freeze And Power Outages
As all of Texas was experiencing power outages and oil and gas shut-ins, Layne Water Midstream was prepared as our Lone Star produced water system was up and running with absolutely ZERO downtime.
Water Earnings Season: Select Energy Services
Select is progressing recently announced water reuse and recycling projects in both the Midland and Delaware basins for operational commencement by end of the first quarter of 2021...
Water Earnings Season: Intrepid Potash
Total company water sales were $5.8 million in fourth quarter of 2020, an increase of $2.2 million compared to the third quarter of 2020 as oilfield activity continues its upward trajectory...
Water Earnings Season: Exterran
Exterran's water business was awarded its largest ever contract with a multi-year term in the first quarter of 2021....
WATER TALENT POOL: Wade Cosgrove Departs Parsley To Start Water Firm
Wade wrote: "Over the past month, many people have asked what my next move would be following the Parsley Energy acquisition by Pioneer. I am proud to announce that I, with a partner, have founded CORE Management, LLC. We provide comprehensive solutions to the water, wastewater, and energy sectors."
WATER TALENT POOL: Solugen Hire
Solugen is pleased to welcome David Weiner as Vice President of Technology. Dr. Weiner will lead Solugen’s entire R&D department, from ideation through technology transfer.
Buckeye Brine started second industrial waste disposal
The second industrial waste disposal of the liquid waste disposal facility in central Ohio manages 420,000 gallons a day of non-hazardous industrial wastewater.
Historic Fracking Ban Near Delaware River Cemented by 4-State Agency
Cutting off gas companies from $40 billion worth of natural gas reserves, the governors of New York, Pennsylvania, New Jersey, and Delaware moved Thursday to safeguard a channel that provides drinking water for millions.
Reeves Acreage W/ SWD Permits Being Marketed...
For Sale: 10 Acres of surface rights in Reeves County, TX right on Hwy 285. This property comes with two (2) approved permits for a 20k BWPD Commercial Saltwater Disposal well and a 10k BWPD Brine Sales Facility (Solution Mining)
Cold weather causes oil field spill in McKenzie County
An equipment failure caused by cold weather led to a saltwater spill in McKenzie County last week, according to a spill report filed with the state.
Judge ‘Inclined’ To Grant Injunction Over Carlsbad Brine Well
Company given till Monday to answer city’s demands for monetary compensation.
Water management: What will 2021 bring?
Mark Patton writes: "Oil price and completion activity will be most critical for oilfield water management as oil price drives well completion activity which drives water demand and produced water recycling demand. New completions also generate more produced water, which ultimately means more business for disposal wells. As completions go so goes the unconventional oilfield water management industry."
After Tough Start for Year, Crestwood’s Bakken System Sets Records in Fourth Quarter
After a partial shut in during early 2020 amid reduced producer activity, Crestwood Equity Partners LP’s Arrow system in the Bakken Shale achieved record volumes in natural gas, crude and water in the final quarter of the year, with “a lot more activity” expected in 2021, according to management.
NMOGA On Drilling Ban Implications...
“New Mexico’s oil production would drop by 47% while natural gas production drops by 46% if a federal ban on drilling is implemented… New Mexico would lose 62,000 jobs by 2022 and put $1.1 billion in New Mexico’s revenue at risk, blowing a hole in its state budget.”
Midstreamers' ESG Agendas Focus On Reining In Methane, CO2 Emissions
RBN Energy writes: "For many midstream companies, the answer — for now at least — is to focus on minimizing the release of methane, carbon dioxide (CO2), and other GHGs from their gas processing plants, pipelines, storage facilities, and fractionators, and on switching to renewables to power their operations. Today, we continues our series with a look at how midstream companies are addressing investors’ and lenders’ concerns about the sector’s GHG releases."
Overseas: Suez wins Oman oil field water contract
Team will develop large wetland system and evaporation ponds over a surface of more than 400 hectares
Tailwater Capital to Acquire NorTex Midstream Partners
Positions Company for Continued Growth to Meet the Evolving Energy Needs of the Growing North Texas Region
Chevron, Saudi Aramco CEOs bullish on natural gas in low-carbon future
The chief executives of Chevron and Saudi Aramco said they see a big role for natural gas even as the world shifts away from fossil fuels to renewable energy.
Oil leaders clash over fuel's future at virtual CERAWeek
The chief executives of London-based BP and Netherlands-based Royal Dutch Shell touted their efforts to transform their century-old oil and gas businesses into clean energy leaders, while chief executives of New York-based Hess Corp. and Madrid-based Repsol said they remained confident that fossil fuel demand will continue to grow with the world’s population.