Oilfield Water Weekly

If you want to network with shale E&P operator water folks and U.S. water midstream executives this Spring, then you need to be in the room with ~350 of your peers for the Oilfield Water Markets 2nd Annual Conference.

The IN-PERSON ONLY conference is just 30 days from now – taking place March 9-11, 2022 in Dallas.

Interesting fact: so far, E&Ps representatives are signing up at a pace that nearly matches service signups 1:1. About half of all attendees so far are either E&P operators or very senior water midstream executives.  Can you afford to miss rubbing shoulders with 350+ of our industry’s business leaders at this gathering?

If you haven’t checked out the speaker / sponsor / agenda info online lately, we encourage you to do so. This is the must-attend event of the year for the business side of U.S. produced water management (and seats are on pace to sell out again this year).

Conference details>
Online checkout>

Now here is this week’s industry news…

News Digest

Candidate for Texas Railroad Commission killed in wreck on SH 349

RIP Sarge Summers, a great guy we've enjoyed getting to know over the years during our West Texas travels. He was campaigning hard in the race, and this sad news is a reminder that the most dangerous oilfield activity is driving. He will be missed by a great many of us - he was very very well known in the oilfield community. They don't make 'em like Sarge any more, may he rest in peace.

U.S. shale back to booming, adding 1 million barrels a day

Output in the U.S. shale patch is “re-booming” this year, with research and data analysis firm Lium LLC forecasting production will surge by more than 1 million barrels a day.

Milestone Takes Out A New Sustainability-Linked Loan

Milestone Environmental Services, LLC and CommunityBank of Texas, N.A. announced a $45 million Sustainability-Linked Loan. The distinctive structure of SLL allows companies, like Milestone, to leverage their environmental stewardship and ESG performance by linking their financing costs to execution on Milestone’s sustainability strategy.

New OK Seismicity Response

The Oklahoma Corporation Commission’s Induced Seismicity Department directed three Arbuckle oil and gas wastewater disposal wells to shut down and restricted production at other wells following last Monday morning’s 4.5-magnitude earthquake.

TX & OK Frac Freeze – Weather Impact Anecdotes In Pumping, Sand & Water

On Friday morning in the Permian, 10 degree temps blanketed the 75mmtpa of nameplate frac sand capacity around Kermit (link to hourly temp forecast). Any sites where midstream and downstream operations are dependent on trucking saw big weather delays (across Texas and Oklahoma)… water haulers were unable to move freely down icy roads for several days.

March 10-11, 2022 GOLD Conference Sponsor Spotlight: Hydra-Cell Seal-less Pumps

Hydra-Cell Seal-less Pumps are ideal for many oilfield applications, including Salt Water Disposal, Water Flood, and Custody Transfer (LACT Units). They are more energy-efficient than H-Pumps, and with no packing to leak like multi-plex plunger pumps, Hydra-Cell is the “go-to pump” for keeping your focus on ESG reporting and lowering LOE’s. Hydra-Cell Metering Solutions pumps provide virtually pulse-free metering, dosing, and chemical injection for manufacturing and processing facilities. Manufactured in the USA for nearly 50 years, there are more than 400,000 Hydra-Cell pumps in service every day worldwide. For application versatility, the Hydra-Cell line provides a wide range of flow capacities, pressure ratings, and materials of construction. Skid designs are readily available.

The Great Debate Over 2022 US Oil Production Growth [Charts Of The Day]

In early-2022, the magnitude of US crude oil production growth is once again a hot topic of debate. Here’s a few of the latest nuggets in the production narrative as well as a rebuttal to mainstream press reports saying the sky is falling in shale...

WSJ: "Oil Frackers Brace for End of the U.S. Shale Boom"

Per the Journal, "limited inventory leaves the industry with little choice but to hold back growth, even amid high oil prices." Hmmm.... if they are running out of inventory at $90 crude, then are oil prices headed to $300/bbl? And what happens to well inventory as oil prices rise... hmmmmm

Could This Be The Last Great American Oil Boom?

Investors entering the market now will have a chance to participate in an era of sharply higher oilfield activity. But is this the last one?

EIA Just Increased Their 2022 U.S. Oil Production Growth Estimate By 20%

On Tuesday, EIA increased their 2022 growth estimate to +770kpbd of production growth y/y in their new short term energy outlook (STEO). This is a 20% increase in U.S. oil production growth vs. their prior published numbers...

Kayne Anderson Capital Advisors Lp Buys Stock In Aris Water Solutions Inc

Kayne Anderson Capital Advisors Lp owns 96 stocks with a total value of $3.4 billion - new purchase in 4Q21 included Aris

WATER TALENT POOL: E&P Looking For Senior Water Engineer

Ovintiv's Facilities and Water team has an opening...

WATER TALENT POOL: Michael Dunkel Joins Tetra

Michael Dunkel recently joined TetraTech after spending the past six years in water management consulting roles. Many readers will know Michael from his days with Pioneer's water team - he spent over 15 years there, many of them working on the E&P's water and sustainability efforts...

WATER TALENT POOL: Tallgrass Announces CEO Transition

Matt Sheehy to Become President and CEO, William Moler Appointed Non-Executive Chairman...

WATER TALENT POOL: Summit Midstream Partners, LP Announces Senior Leadership Changes

The Company announced that it is promoting William (Bill) Mault to Executive Vice President and Chief Financial Officer, effective immediately.

Waste Management Rebrands...

Effective last week, Waste Management will officially be known as “WM”.

Private equity company remains committed to Permian

Post Oak recently made Permian investments.

Equitrans Midstream Statement Regarding Mountain Valley Pipeline Project

On Wednesday, February 2, 2022, the U.S. Fourth Circuit Court of Appeals issued a decision vacating MVP’s Biological Opinion and remanding it on specific issues. The Court’s written decision was initially issued under seal, due to the potential identification of and reference to endangered species locations, and it is expected the seal will be lifted shortly.

Earthquakes in Texas doubled in 2021. Scientists cite years of oil companies injecting sludgy water underground.

More coverage on the earthquakes from the Texas Tribune this week...

Shaken by fracking quakes, Texas is forced to act

Still more earthquake coverage... the mainstream press loves this narrative.

Oil giant BP reports highest profit in 8 years on soaring commodity prices

A surge in global gas markets through the final months of 2021, coupled with an oil price rally to seven-year highs, has seen the world’s largest fossil fuel giants rake in bumper revenues.

Select Energy Services: A Growth Story In Frac Water...Finally!

Select Energy Services, (WTTR), is a leader in frac water management domestically. They have a solid business with years of running room, a nice cash hoard, and no debt. Did you get the "no" debt part?

Fire causes oil, water release in western ND

The North Dakota Oil and Gas Division was notified by operator Petro Harvester Operating Co. LLC of two location fires that started on Monday, January 31.

A California Water Board Assures the Public that Oil Wastewater Is Safe for Irrigation, But Experts Say the Evidence Is Scant

After years of controversy, the Central Valley Regional Water Quality Control Board assured the public in the fall that eating California crops grown with oil field wastewater “creates no identifiable increased health risks,” based on studies commissioned as part of an extensive Food Safety Project.

Tallgrass Selects Project Canary for Monitoring, Assessment of Commercial-Scale CO2 Sequestration Hub in Wyoming

Project Canary to conduct reservoir analysis and deploy high-fidelity continuous monitoring units to verify permanent sequestration

Oil bankruptcies plunged in 2021 with pandemic recovery

The number of oil and gas bankruptcies plunged last year to the lowest level since 2018 as crude demand and prices recovered from the pandemic-driven crash.

Oil prices nudge up after API data shows surprise drop in U.S. stocks

Oil prices nudged up on Wednesday following two sessions of losses after industry data showed an unexpected drop in U.S. crude and fuel stocks, offsetting concerns of a possible rise in supplies from Iran.

Geopolitical worries may be outstripping fundamentals in oil markets

Supply and demand forecasts in monthly reports from OPEC economists and others could move markets already jittery over tensions along Ukrainian border and an escalation of the conflict in Yemen in the Middle East.

Why Diamondback Energy Shares Surged 17% in January

Diamondback doesn't report fourth-quarter earnings until Feb. 23, so the move in the stock price likely mirrored the rise in oil prices to start 2022.

Gov. Abbott fights back against high-level nuclear waste coming to Texas

Gov. Abbott joined Texas' petition urging the Fifth Circuit to vacate a federal license that would bring the radioactive waste to Texas.


Looking to stay connected in the rapidly evolving oilfield water management business? Look no further than the Oilfield Water Connection’s Weekly News Digest.

Subscribe to get our carefully curated summary of relevant water news and analysis delivered to your inbox each Wednesday morning

We will only email you relevant news, analysis and announcements along with occasional sponsored content. You may unsubscribe at any time.

Share Your News

Send us your press releases and any other news articles which you believe would be of interest to our readers. Email submissions to hello@oilfieldwater.com


Do you provide oilfield water technology, or service? Advertise in the Oilfield Water Weekly.


Stay Informed

Subscribe to Oilfield Water Weekly