It was great to see everyone in Houston Wednesday! Due to the event we are sending out this week’s newsletter on Friday – next week we’ll return to normal Wednesday publication.
In addition to this week’s industry news, you can find several posts recapping the event we hosted at the Houstonian yesterday and pictures have been added.
Great turnout. Productive conversations. Excellent networking. Thanks to everyone who participated!
Please mark your calendars for May 17-18 at the Fort Worth Convention Center for our next event. We announced the 2023 Oilfield Water Markets Conference on Wednesday, and the event website is now live! We already have some great sponsors signed up, so please check out the opportunities and include the event in your 2023 marketing budgets.
Here is this week’s industry news & analysis…
Gravity Adds New Gathering & Disposal Agreement in the Midland Basin
The agreement will add approximately 12,000 acres of core Tier 1 acreage to Gravity's industry leading Midland Basin commercial position and is forecasted to add over 50 million bbls of produced water in near-term development.
Oilfield Water Connection Announces 2023 Oilfield Water Markets Conference Dates & Venue
Please plan to join us and the rest of the industry at the Fort Worth Convention Center May 17-18 for the 3rd Annual Oilfield Water Markets Conference. Details on sponsorship and general registration are live on the event website.
Texas Pacific Land, WaterBridge partner to offer water solutions
Texas Pacific Land and WaterBridge are forming an alliance to offer full-cycle water solutions on a stretch of 64,000 acres in Loving and Reeves counties.
Wanner wins court case in China
Wanner Engineering has announced that it had won a court judgement in China for an infringement against one of its patents for its Wanner Hydra-Cell seal-less diaphragm pumps.
Gradiant Partners With Schlumberger On Lithium Production
Gradiant’s partnership with Schlumberger to introduce a key sustainable technology in battery-grade lithium production. As part of the NeoLith Energy direct lithium extraction (DLE) and production flowsheet, Gradiant's technologies are used to concentrate the lithium solution and generate fresh water.
EVENT RECAP: Photos Are Posted
The conference website now has a photo gallery of pictures from the event.
EVENT RECAP: CEO Panel & Consolidation
The CEO panel at yesterday's 4th Annual Oilfield Water Industry Update provided some great insight on the complexity of running a water midstream business these days. A common theme that stood out to us was the importance of consolidation and it is clear the industry is figuring out a roadmap. Big changes in oilfield water's competitive landscape are brewing...
EVENT RECAP: Market Trends Panel
Talking market trends with folks in the know... great panel yesterday addressed corporate strategy, deals and commercial trends in water.
EVENT RECAP: RWI Case Study
Excellent job Robert Ballantyne presenting on enhanced #evaporation and pollution plume sequestration.
EVENT RECAP: Sustainability NOW not some day maybe is becoming reality....
Excellent panel on sustainability "now not someday maybe" at the 4th Annual Oilfield Water Industry Update at the Houstonian!
EVENT RECAP: TX Produced Water Consortium Update
Thank you to the Texas Produced Water Consortium's Rusty S. for a great presentation at today's conference. Rusty took tons of questions from a highly engaged audience as his organization is creating a nexus between industry and legislators to advance water sustainability.
EVENT RECAP: Chevron's Water - A Deep Dive Into Their Systems Strategy
Great download from the Chevron water team at the 4th Annual Oilfield Water Industry Update today. It was great to hear how the company is focusing on water stewardship and sustainability as they grow across all three sub-markets in the Permian.
EVENT RECAP: Nomad Excel Case Study
It was great for attendees at the 4th Annual Oilfield Water Industry Update to learn about Nomad Excel during EGE'S case study!
EVENT RECAP: Networking Galore
Abundant networking opportunities. Productive, informed conversations. C-suite access at the 4th Annual Oilfield Water Industry Update!
EVENT RECAP: Kelly Bennett dropping knowledge at the event
Thank you Kelly Bennett and B3 Insight for great data-driven insights on oilfield water that triggered some interesting conversations on the sidelines of the 4th Annual Oilfield Water Industry Update yesterday morning at the Houstonian!
EVENT RECAP: Thank you Thomas Jacob for a great data presentation
We got off to a fast start with a full house at the Houstonian yesterday morning for the 4th Annual Oilfield Water Industry Update. Thank you to Rystad Energy's Thomas Jacob (who has spoken at most of our events) for setting the stage for the day with important commentary on the macro and upstream data.
EVENT RECAP: Rolling Out The Red Carpet
Attendees staying at the Houstonian enjoyed a welcome reception unlike any other with live music, drinks and apps, and even a red carpet! The water conference conveniently coincided with a great hotel party open to all guests.
Tetra Technologies will soon decide whether to build bromine plant near Lewisville that might morph into lithium project
A technical report summary prepared by the company said the brine resource underlying the approximately 40,000 gross acres where it holds bromine mineral rights contains about 5.25 million short tonnes (4.763 million metric tons) of elemental bromine.
Video: Northwinds of Wyoming - Core Linepipe 8" Core Liner
Nice video of Core Linepipe project in Wyoming.
OPEC+ agrees deep oil production cuts, Biden calls it shortsighted
OPEC+ to cut output by 2 mln bpd
Real cuts estimated at 1 mln bpd due to under-production
Biden criticises decision, calls it shortsighted
Study: Permian pipelines leak 14x more methane than EPA estimates
A peer-reviewed study finds natural gas-gathering pipelines in the Permian Basin release at least 213,000 metric tons of methane annually, about 14 times more than U.S. EPA inventory estimates.
Argentina's shale output to stall amid bottlenecks, analyst warns
The Vaca Muerta shale region in the Neuquen province needs more drilling rigs, hydraulic fracturing fleets, water and natural gas pipelines to continue growing, officials from YPF (YPFD.BA), Tecpetrol and PanAmerican Energy said.
While Europe Banned Fracking, The U.S. Is Transforming It
The industry has faced continual criticism from environmentalists who fear the impact of fracking operations on the environment. Instead of moving away from fracking, like many European countries, the U.S. appears to be cleaning up its act with more environmentally friendly practices and by using fracking technology in new and innovative ways.