Oilfield Water Weekly

Wednesday May 18, 2022

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Now, here is this week’s industry news & analysis…


News Digest

Where Should We Host The 2023 Oilfield Water Markets Conference? [Poll]

Oilfield Water Connection is looking at venues for the 3rd Annual Oilfield Water Markets Conference. It will be held early in 2023 in the DFW area. We're trying to decide between a downtown location (like this year's event at the Hyatt Regency Dallas) or something in the suburbs (like last year's event in Frisco). We'd love your opinion! Please take the poll below.

Double Eagle Launches New Venture with Over $1.7 Billion from EnCap, Others

Double Eagle Energy’s latest venture will pursue a similar strategy in the Permian Basin that led to the success of the predecessor companies, but on a “considerably larger scale,” according to the release.

12 KEY PERMIAN WATER INSIGHTS FROM INDUSTRY CONVERSATIONS

Many recent industry conversations have reflected the constantly shifting economic and regulatory landscape impacting the Oil and Gas and Oilfield Water Industries. It’s amazing to us that B3 has been to a half-dozen conferences in the past few weeks and some of the prevailing topics have dramatically shifted just in that short period of time.

Western Pa. counties, municipalities to see bump in money from fees on natural gas production

Allegheny and Westmoreland counties, along with municipalities in the counties, will receive about $3.1 million from impact fees the state collected last year on Marcellus Shale gas well production, a considerable increase over the year before, according to data released Friday.

How to Invest in Companies Targeting the Water Crisis

Investors who are interested in the water crisis have a number of options, from buying water-focused ETFs and mutual funds to picking individual stocks.

WATER TALENT POOL: Southwestern Hiring Environmental Specialist

Great opportunity to make a difference with Southwestern Energy in their Zanesville office.

WATER TALENT POOL: FP&A Analyst Opening

Full-Service Water Midstream company in Greenway Plaza looking for FP&A Analyst to join their team.

WATER TALENT POOL: Keystone Clearwater Solutions Is Growing

Hiring! Oilfield Automation Technicians in Mansfield, PA. Doing big things innovating in the Water Transfer space. Be a part of industry firsts!

Poly Becoming Tight...

Polypipe, fittings, and fusion equipment…we can help you out. Availability is becoming tight out there but ISCO Industries is working with the best manufacturers to get the best product in the area.

Aris Water Solutions: Loving That Dirty Water

Aris Water Solutions has been growing their recycling business at a good clip. This will provide a stable revenue base tied to long-term contracts.

Select Energy Services: Still A Buy

Select Energy Services is seeing increasing demand for its frac and produced water recycling centers.

The West Texas Rancher Exposing Big Oil’s Buried Secrets

After an abandoned well began spewing toxic, salty water onto her Permian Basin land, Ashley Watt would stop at nothing to determine the cause....

Decision Nears, Antis Still Oppose PennEnergy Creek Water Request

PennEnergy Resources recently reapplied (for a second time) for a permit to draw water from Big Sewickley Creek–but this time the request is cut in half, to just 1.5 million gallons of water a day.

Oil and gas company credits its employees’ resilience for rebound from the pandemic

Throughout the pandemic, when oil prices plunged to historic lows, EOG Resources said it worked hard to retain its workforce and maintain its conservative financial strategy — and it appears to have worked.

Water Wednesday: B3 Data On NM Frac Water

In January 2021 (64 fracks reported), 55% of water used in New Mexico fracks was produced water. In April 2022 (113 fracks reported), produced water accounted for 71% of NM frack water. This increase has accompanied a decrease in freshwater use in fracks from 18% in January 2021 to 5% in April 2022.

Three Types of Automation for Oilfield Water Management

It’s a good time to be an oilfield water services company. Oil prices have stabilized above $100/bbl, the US rig count is the highest it’s been since pre-pandemic times, and the combination of domestic water shortages and ESG fund growth places a premium on sustainable water use.

Machine Learning Applications for Upstream Oil and Gas

Varied suggested approaches include reducing trucking costs for oil, clean water and produced water disposal.

Industry sees challenges for Marcellus in boosting LNG production

A major challenge is pipeline construction in the Northeast, compared to in Texas or Louisiana.

Temblor Legless Lizard Wins California Endangered Species Act Protections

In response to a petition from the Center for Biological Diversity, the California Fish and Game Commission unanimously agreed today to protect the Temblor legless lizard under the state’s Endangered Species Act. The move grants legal protection to the rare lizards for at least a year.

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