The 3rd Annual Oilfield Water Industry Update is finally here!
This Friday, over 150 oilfield water professionals will gather at the Houstonian for unrivaled knowledge sharing and networking.
As of this writing, we still have a few passes available, so registration is still open on the event website. We expect to close registration tomorrow when room runs out. Last call if you want to join this group of industry leaders who are coming to the conference!
To all newsletter readers who are attending, thank you in advance for participating in this important industry gathering. See you in a couple days!
And now this week’s news…
News Digest
K2 Capital Is Looking For An Oilfield Water Team To Sponsor
"If you are looking for growth capital or a strategic partner for your next #ProducedWater, #WaterRecycling or #WaterTreatment project, we invite you to contact us and find out if your project qualifies for our current funding program.
Seismic Response Area in Midland: Is it Warranted? [Part 1]
Laura Capper writes: "We failed to find a smoking gun clearly tying SRA earthquakes to area SWD injection in general, or deep SWD injection specifically, although deep SWD is more proximal to the pre-Cambrian basement."
Seismic Response Area in Midland – How Much Will It Impact The Oil Biz, Really? [Part 2]
Laura Capper writes: "While theoretical volumetric restrictions were reduced from 173 M bbls/year to 106 M bbls/year, operators were never really going to see those volumes attained. They will cap out on either surface pressures or bottomhole pressures long before those volumes could be attained."
Electric fracturing is catching on, but environmentalists are not impressed
The number of U.S. frack fleets running on electricity or a mixture of diesel and natural gas skyrocketed to more than 100 in September—comprising about 45% of the country’s working fleets. That’s more than three times the 30 or so in use before Covid-19, according to Joseph Triepke, partner at energy research firm Lium LLC. He estimates e-fracking or dual fracking fleets will make up about 55% of active fleets next year.
Shale Oil Is Booming Again In The Permian
According to onshore U.S. rig data from Lium LLC, little-known Mewbourne Oil Co., founded by Louisiana-born army officer Curtis Mewbourne in 1965, is now running 17 drill rigs in the U.S., more than Exxon Mobil Corp. and Chevron Corp. combined.
New Long Term Oasis Water Agreement
On October 5, 2021, OMP entered into a Produced and Flowback Water Gathering and Disposal Agreement with OPNA, pursuant to which OPNA dedicated the City of Williston area to the Partnership for produced and flowback water gathering and disposal services. The Wild Basin Produced Water Gathering and Disposal Agreement provides for an initial term of 15 years....
WATER TALENT POOL: Rusty Smith named program director for new Texas Produced Water Consortium
The Texas Produced Water Consortium (TxPWC), a coalition of experts from academia, industry and other organizations tasked with research and innovation of new methods for beneficial reuse of produced water in the state, has named Texas Tech University graduate Rusty Smith as its first program director.
WATER TALENT POOL: Select Hiring In Marketing Department
Clever post announcing the position: "We're looking for a Marketing Coordinator that can create more posts like this."
New Mexico investigates earthquakes induced by oil and gas as Texas cracks down on injection
Growing concerns about earthquakes in the Permian Basin caused by wells oil and gas operators use to dispose of wastewater led Texas regulators to curtail the allowed amount of water being injected and block any new such wells in the Midland area.
Join B3 Insight On Friday
"B3 Insight has a lot to share on Friday at this one-day event with Oilfield Water Connection! Join us and other industry leaders as we discuss water management business trends, ESG, Carbon Overlap, and more."
State gets federal ultimatum over oilfield injection problems
The U.S. Environmental Protection Agency has issued an ultimatum to California oil and water agencies that have fallen years behind schedule in their efforts to bring the state's oilfield injection program into compliance with the federal Safe Drinking Water Act.
New Mexico investigates earthquakes induced by oil and gas as Texas cracks down on injection
Growing concerns about earthquakes in the Permian Basin caused by wells oil and gas operators use to dispose of wastewater led Texas regulators to curtail the allowed amount of water being injected and block any new such wells in the Midland area.
Riley Permian Announces EOR Project Updates and Declares Quarterly Cash Dividend
Riley Exploration Permian announced updates related to its enhanced oil recovery (EOR) pilot project and its upcoming dividend. "Related to the operations of this project, we've begun the drilling of vertical injection wells in the field, and we're laying water and gas line infrastructure, according to plans previously disclosed," the company stated.
More Analysis Of Aris IPO Filing
Aris Water Solutions has filed to raise $100 million in a U.S. IPO, although the final figure may differ.
Oil Prices Have Topped $80. But Don’t Expect a Spending Bonanza from Shale Drillers
American frackers are expected to lift U.S. oil-field spending 15% to 20% next year, but their investments are still well below pre-pandemic levels.
Our Need For Water Is Tapping Ancient Underground Wells. How Long Can They Last?
Communities that rely on the Colorado River are facing a water crisis. Lake Mead, the river's largest reservoir, has fallen to levels not seen since it was created by the construction of the Hoover Dam roughly a century ago.
How ancient water management techniques may help Prairie farmers experiencing drought
"After a record breaking hot and dry summer, it's clear we need to find innovative solutions for water management."
Lagoon ESG Statement
"Sustainability is embedded into the core values at Lagoon, and we view Environmental, Social, and Governance (ESG) distinction as a strategic principle. To demonstrate our commitment, Lagoon annually participates in the GRESB assessment."
New Mexico investigates earthquakes induced by oil and gas as Texas cracks down on injection
Growing concerns about earthquakes in the Permian Basin caused by wells oil and gas operators use to dispose of wastewater led Texas regulators to curtail the allowed amount of water being injected and block any new such wells in the Midland area.
Sundance Energy Saves USD 500,000 with 60% More Stages per Day in Simultaneous Fracturing Operations
Overall pumping rates of 120 bbl/min would be split on surface to deliver 60 bbl/min in each well. To encourage fracture propagation at the reduced pump rate, the perforation design was revised.
Water is scarce in California. But farmers have found ways to store it underground
Aaron Fukuda admits that the 15-acre sunken field behind his office doesn't look like much. It's basically a big, wide hole in the ground behind the headquarters of the Tulare Irrigation District, in the southern part of California's fertile Central Valley. But "for a water resources nerd like myself, it's a sexy, sexy piece of infrastructure," says Fukuda, the district's general manager.
Natural Gas Prices Take Wild Ride After Putin Comments
Russian president said the country’s gas supplies to Europe are set to reach a record this year
Amazon, Port, Haynesville Shale adding boost to local economy
Hurricane Ida, continued COVID-19 uncertainties, Biden administration changes and ever-changing oil and gas prices complicated the annual forecast of the local and state economy. But Northwest Louisiana can still expect a major bump from new businesses bringing thousands of jobs and an expected uptick in Haynesville Shale development.
Chesapeake Energy Corporation Appoints Domenic J. Dell'Osso President And Chief Executive Officer And Announces Revised Executive Compensation Program
Nick Dell'Osso, Chesapeake's President and Chief Executive Officer added, "I am honored to have been selected to lead Chesapeake as we implement our vision for differential returns and a sustainable future behind our talented employees, disciplined strategy, and commitment to ESG excellence."
Global Status Of CCS 2021 [Big Report]
Carbon capture and storage (CCS) continues to make significant progress around the world against a backdrop of greater climate action from countries and private companies. The Global Status of CCS 2021 demonstrates the critical role of CCS as nations and industry accelerate to net-zero.
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