Oilfield Water Weekly

Next Friday is the Marcellus-Utica Shale Water Business Update (Jul 29 Pittsburgh) And please mark your calendars for the 4th Annual Oilfield Water Industry Update (Oct 5 Houston). We hope to see you at one or both events!

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


News Digest

Blackbuck Resources Announces Expansion of Sustainability-Linked Financing

The upsized financing provides Blackbuck with additional liquidity to execute on accretive growth resulting from recently signed contracts around its Midland Basin and Delaware Basin platforms.

Water midstream expands to handle ‘unprecedented’ water volumes

Breakwater Energy Partners this week announced the expansion of its Big Spring Recycling System in Howard and Martin counties with two additional multi-year water offtake and recycling agreements.

Oil and gas operations blamed for earthquakes in Permian Basin. New Mexico takes action

The State’s Oil Conservation Division announced new policies last year that would reduce the allowed volumes injected based on a well’s proximity to a quake.

BIG Expansion For CDX Energy Services

John Knickerbocker, Nick Andrus, and Breanna Johnson recently joined CDX Energy Services as their team and business grows. Come see them in the Marcellus, where they are our notebook sponsor at the event next week!

ISCO Grows In Midland

A new location is getting closer to being finished!

RWI Growth

12 PittBoss downdraft evaporators are loaded and headed off to another client here at RWI Enhanced Evaporation.

The 2022 State Water Plan For Texas

"Water is our most precious resource - this is a must read for every Texan," writes our friend Jonna Smoot.

MBA Energy & Industrial Awarded Two Saltwater Disposal Facility Projects

The facilities will be constructed in West Texas and support 80,000 barrels per day of produced water.

NextMart, Inc. - New Water Stations

The new management of the Company is in the process of building out two new water stations in the Carlsbad area.

Drought in northern Mexico threatening livelihoods

A deepening drought in northern Mexico is not only making everyday life challenging for residents, but also in some cases is threatening their livelihoods.

How oil companies endlessly avoid cleanup costs

“At no point in the process were companies asked to set aside the true cost for cleaning up these wells,” said Clark Williams-Derry, a finance analyst with the Institute for Energy Economics and Financial Analysis.

WATER TALENT POOL: Beth Powell Moving On From New Pig Energy Corp; Will Be Working On Wastewater & Infrastructure Water Next

"Today is my last day with New Pig Energy after 14 years of working with incredible people," Beth wrote... She will be moving into infrastructure water and wastewater next...

WATER TALENT POOL: H2O Midstream Is Hiring

H2O Midstream is seeking a FIELD ENGINEER in the Permian Basin.

WATER TALENT POOL: SilverBow Hiring

SilverBow Resources just posted new opening for a Production Engineer in Houston.

New Realities Change the Face of Frac Water Use

Reusing produced water for frac jobs can improve production and ease the need for freshwater supplies, while also reducing demand for disposal wells.

Pickering Energy Partners sends $300 million to Permian for oil development

The firm said Wednesday it will partner with investors and operators to acquire oil and gas interests in the Permian Basin of West Texas and New Mexico.

EQT stops fracking at site in Greene County after claim of water contamination; DEP investigating

The Pennsylvania Department of Environmental Protection is investigating several complaints possibly related to an incident at a fracking site in Greene County in June.

PA Gov. Wolf Promotes Ban on Using PA NatGas by Private Property Owners

Wolf is promoting the ability of elites and bureaucrats to deny the rights of individual property owners to choose their own forms of energy.

Pitt Engineering develops new process to recycle oil and gas wastewater

With sustainability in mind, Pitt Engineering designed a system to curb energy industry water waste through membrane distillation.

Marcellus/Utica Drillers Reimburse Stockholders as Cash Piles Up

With the pandemic now in the rearview mirror (we hope), and demand increasing for both oil and natural gas, the price of oil and gas has skyrocketed, and along with it, O&G companies are raking in the cash. How are M-U drillers using their newfound piles of cash to compensate investors?

Once again, the U.S. is on track to be the world’s top natural gas producer. Here's what we know.

Analysts at Norwegian firm Rystad Energy predict U.S. natural gas production will climb past the 100 billion cubic feet per day mark by the end of the year.

NatGas Hottest Commodity in World – US Price Up 100%, Europe 700%

According to Bloomberg, natural gas is “the hottest commodity in the world” right now. Since the start of last year, the price natural gas fetches in Europe has risen a staggering 700 percent!

Newlight and CNX Announce Strategic Agreement to Capture Methane Emissions for Production of Aircarbon

Newlight Technologies, Inc. and CNX Resources Corporation announced that the companies have entered into a 15-year agreement to capture and utilize methane emissions for the production of Aircarbon®, a naturally-occurring molecule also known as PHB that replaces plastic but is carbon-negative and biologically degrades in natural environments.

Gas pays

The Pittsburgh Post-Gazette recently reported Washington County communities received over $21 million in natural gas impact fees — eclipsing all other counties in the Commonwealth. Nearly $55 million will be invested throughout the greater Pittsburgh region this year alone.

Antero Resources #1 ESG Enviro Rating in Latest Rystad Survey

Rystad evaluated the ESG performance of 43 public oil and gas producers in the US and Canada, comparing company stock prices with ESG performance. Here’s what they found…

Permian Basin drives 46 percent of oil and gas business deals last quarter, research shows

During the second quarter of year companies inked about $12 billion worth of merger and acquisition deals related to oil and gas production, data from Enverus Intelligence Research shows. That’s down about 18 percent from the $14.7 billion of deals done in the first few months of the year.

Conservatives Launch Funds to Counter Activist Climate Investing

Two new investment firms have formed. One of the firms was formed with the backing of two billionaires and attempts to pressure investors and companies into stop using ESG criteria and to “depoliticize” investing.

Big Banks Object to Being Outed by WV as Fossil Energy Haters

One month ago WV State Treasurer Riley Moore sent a letter to six big banks/investment firms alerting them they are about to be added to the state’s “blacklist” for violating policies by not investing or doing business with fossil fuel companies.

Across The Pond: M Vest Water Wins North Sea Awards

M Vest Water announced today that it has received orders from two waste management plants for treatment of highly oil-contaminated water related to oil production in the North Sea.

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