Oilfield Water Weekly

Wednesday May 12, 2021

It’s a full house! Nearly 350 water midstream professionals are with us in Frisco, TX today and tomorrow for the Oilfield Water Markets conference.

Thank you to all of you reading that had to overcome travel chaos due to bad weather in order to be with us.

Produced water leaders at this event are in process of resetting the paused conversation in the oilfield water marketplace.

As the first conference back in this sector since the pandemic, it is so great to be getting back to normal – and attendees of this event are leading the way forward!

Here’s are a couple picture from the room this morning and from the well attended exhibit area.

 

Registration has been closed after the Oilfield Water Market Conference sold out once, was expanded, and sold out again. If you didn’t make it this time, we hope to see you at our next one (book early, all four events we’ve hosted so far have sold out in advance!)

Now here is this week’s water news…


News Digest

Permian Basin firms plan water conference

The Odessa American covers the Oilfield Water Market 2021 conference...

Oilfield Water – Produced & Fresh H2O Datapoint Roundup

We’ve been listening closely to water talk on 1Q21 earnings calls as we prepare for this event. From potential deals, to tabled deals, to recycling and new evap tech…. here are the 15 most interesting things public E&Ps said about their water this earnings season…

Midstream Security Wakeup Call - The Latest On Colonial Hack... It's Not Water, But It's A Teachable Moment For Everyone In Midstream

The national average for a gallon of regular gasoline rose 2 cents on Tuesday, and some airlines began to take small measures in response to the shutdown.

More than 1,000 gas stations run out of fuel

More than 1,000 gas stations in the Southeast reported running out of fuel, primarily because of what analysts say is unwarranted panic-buying among drivers, as the shutdown of a major pipeline by a gang of hackers entered its fifth day Tuesday.

LONG, LONG LINES & STATE OF EMERGENCY IN VIRGINIA

Virginia Governor Ralph Northam has signed an executive order declaring a state of emergency in the state to address gasoline supply disruptions throughout the Commonwealth.

PDO to add wind power to renewables portfolio, in addition to using solar to convert oilfield water into steam

Based on technology provided by US-based GlassPoint Solar, Miraah’s solar mirrors concentrate sunlight to convert oilfield water into steam, which is then pumped into Amal’s reservoir to extract heavy oil.

The Trucking Pain Point Is Officially A Major Oilfield Theme & A Key Shale Inflation Risk To Watch Into Mid-3Q21

In the oilfield, it’s a good time to be a trucker and a bad time to need more trucks. Transportation / logistics could be the biggest shale bottleneck in 2Q21 / early 3Q21.

New Mexico Proposes Tougher Emission Rules For Oil & Gas

Oil and gas companies in New Mexico may be in for a rude awakening, with a new law that would disallow any oil and gas company exemptions for reducing emissions.

New project sets to change the water treatment game at Natural Gas sites

Techbeing tested is predicted to reduce the need of transporting water for disposal and maintaining local water balances, while reducing operating costs.

Jacam Catalyst triples size of oilfield chemicals lab

Heading to Gardendale on State Highway 158, located alongside other oilfield facilities, is Jacam Catalyst, an oilfield chemicals manufacturer and service provider.

Laredo Snaps Up Sabalo

Laredo Petroleum, Inc. today announced the signing of a purchase and sale agreement to acquire the assets of Sabalo Energy, a portfolio company of EnCap, and a non-operating partner for approximately $715 million, subject to customary closing price adjustments, comprised of $625 million in cash and approximately 2.5 million shares of Laredo common equity.

Simulfrac Attracts New E&P Converts With A Simple Value Proposition: “Days Are Dollars” [Simulfrac Series]

A key takeaway is several operators testing their first simulfracs and… loving it! Two new adopters quantified their cost savings from simulfrac at...

Goodnight Midstream Recognized by ConocoPhillips 2020 Vendor Service Award

Goodnight Midstream has been selected by ConocoPhillips as the winner of its "doing business better" Global Supplier Recognition Award for the second time since 2018. Goodnight was one of just two companies highlighted for service to ConocoPhillips' Lower 48 operations.

OILMAN Article: Reducing Lifting Cost with End-to-End Commodity Transportation Management

Article discusses how an intermodal, cross-commodity transportation management system is enabling upstream and midstream companies to reduce operating expenses, boost business performance, and gain deeper visibility into the movement of commodities.

Public Shale E&P Underspend In 1Q Creates Running Room Into Early Summer, But Capital Discipline Reigns Supreme

In this update, we processed capex spending updates for 29 public shale E&Ps into our model, representing 79% of the public E&P universe that we monitor...

Rice: EQT's latest acquisition about fit, not scale — and about getting better

EQT Corp.’s $2.9 billion acquisition of Alta Resources Development LLC will make EQT responsible for about 17% of all the natural gas in the Appalachian basin and about 7% of all natural gas produced in the United States. But CEO Toby Z. Rice said the Alta deal is so much more than just adding to the driller’s already large scale.

Lonquist Sequestration

All the buzz these days and look forward to being an integral part of carbon capture and storage development efforts... check us out!

It’s Been Quite A Ride Back Up The Roller Coaster… Where Does Rig Count Go From Here?

The US land rig count has practically doubled from the bottom, with much of the recent growth driven by private E&Ps. Estimates compiled by Lium about three months ago aligned with...

Baseline On Water System

Permian team puts out 1 MW to power an SWD facility on a tight timeline...

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