Here is this week’s industry news & analysis…
News Digest
Is the Permian Running Out of Water Disposal & Recycling Capacity?
Interview with Justin Love of Blackbuck Resources.
Crestwood Doubling Permian Delaware Processing Footprint with Sendero Acquisition and Exiting Barnett
Crestwood Equity Partners LP announced a trio of transactions to more than double its natural gas processing capacity in the Permian Basin’s Delaware formation, and to divest its position in the Barnett Shale.
Permian Basin oil production predicted to outpace most oil-producing nations this year
The country’s most prolific oil and gas basin is expected to not just outpace other U.S. basins in production this year, but is forecast to produce more oil and gas than any other country except Saudi Arabia and Russia.
Permian Basin natural gas output to climb more than 12 percent this year as prices remain high
Natural gas production in the Permian Basin of West Texas and New Mexico is expected to increase by more than 12 percent this year, boosted by high prices and increasing demand, according to federal data.
Wayne Christian secures GOP nomination for another term on the commission regulating Texas’ oil and gas industry
Wayne Christian beat Sarah Stogner in the Republican primary runoff for a seat on the Texas Railroad Commission after she accused him of corruption during the campaign.
Select Energy Services Shares Progress Pic On NM Recycling Facility
Making good progress on another Water Recycle Facility in the New Mexico desert.
WATER TALENT POOL: Energy Water Solutions Hiring In Marcellus
EWS continues to grow and are hiring multiple field operators in Pennsylvania - one in SW PA and one in NE PA.
WATER TALENT POOL: B3 Is Hiring
The water data firm is looking for a Program Manager to manage the content and execution of B3’s product roadmap, satisfying Product Managers’ product requirements while upholding B3’s business strategy and goals.
Pa.'s environmental justice policy gets revamped — and scrutinized
The state Department of Environmental Protection’s first update to its environmental justice policy in nearly 20 years is drawing rebukes from industry and Republican legislators while prompting environmental and citizens’ groups to call for stronger protections for communities disproportionately burdened by environmental hazards.
Buzz Building For July: Interesting Speaker News
Kyung Jae Lee, assistant professor of petroleum engineering at the University of Houston, will share insights on lithium extraction from brine during the July 29 event in Pittsburgh. With Lithium in high demand, the researcher received a $500k award from the National Science Foundation to contribute to the enhancement and diversification of domestic lithium supply... we are thrilled to have Professor Lee joining the event!
Buzz Building For July: Join Repsol In Pittsburgh
Repsol's senior water supervisor writes: "I’m looking forward to speaking, along with others, at the upcoming Marcellus Shale Water Business Update on July 29th in Pittsburgh."
Buzz Building For July: Join Energy Water Solutions In Pittsburgh
Beau Egert is a featured speaker...
Buzz Building For July: Join Core Linepipe USA in Pittsburgh
Aethan Sakell is a featured speaker...
Buzz Building For July: Join CDX Energy Services In Pittsburgh
CDX is the event's notebook sponsor!
Buzz Building For July: Join Coterra in Pittsburgh
Coterra's lead EHS Specialist is speaking...
Oil and gas threatens lizard native to southern New Mexico. Here's what's being done
A lizard species native to southeast New Mexico was the subject of a lawsuit filed last week against the federal government which the plaintiffs contended failed to protect the animal from extinction. The dunes sagebrush lizard is native to the Permian Basin region in Eddy, Lea and Chaves counties and parts of West Texas.
Daily on Energy: The importance of oil and gas for New Mexico’s budget
Revenues gleaned from oil and gas are enriching energy companies, but they’re also enriching energy-producing states and, in some cases, prop up state budgets, showing what’s at stake with federal policies designed to slow or decrease new production.
Rising Energy Prices Could Tip World Into 1980s-Style Recession
Rising energy prices and boxing Russian crude oil out of the global market risks a global recession, Bank of America's head of global commodities and derivatives research Francisco Blanch warned in a recent research note.
OPEC+ Cuts Global Oil Demand Forecast For This Year
OPEC's technical panel has cut the oil demand forecast by 200,000 bpd for 2022.
Creative SWD Name Gets Some Looks
Say hello to the "Dr Dre" Saltwater Disposal Well out in the Permian Basin of West Texas.
'Recurring negligence': Larimer County files complaint against oil company after fire
Larimer County officials are asking state agencies to hold Prospect Energy accountable for a series of air pollution violations and a recent fire at the operator’s oil storage sites near Fort Collins.
Kern oil permitting battle plays out in court
Lawyers sparred Thursday over whether an amended environmental review undergirding Kern County's oil and gas permitting system lives up to the standards of the California Environmental Quality Act, an open question that continues to limit in-state petroleum production.
Offshore: Oil Plus Wins Produced Water Projects Off Qatar
UK-based oilfield solutions company Oil Plus has said it has secured two produced water-related projects in Qatar worth $450,000 in total.
Offshore: Exxon to submit study on produced water for US$10B Yellowtail Project
According to the provisions of the Petroleum Production Licence (PPL) for the US$10 billion Yellowtail Project, ExxonMobil Guyana is required to conduct an in-depth study on the feasibility of re-injecting produced water. It is expected to do this while ensuring that the base design for the project includes tie-in points and space for produced water injection equipment.
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