Oilfield Water Weekly

 

Here is this week’s industry news & analysis…


News Digest

Monday In Midland: 2.0 Earthquake

The USGS recorded a 2.0 mag quake at 11:43 a.m. about 2.5 miles southwest of the city of Midland (depth of 5.6 miles).

Tuesday In Midland: 2.8 Earthquake

The USGS recorded a 2.8 mag quake at 8:15 a.m. Tuesday about 22.2 miles north of Midland (depth of 6 miles).

Aris Water Solutions, Inc. Reports Fourth Quarter and Full Year 2022 Results and Provides 2023 Guidance

Total water volumes of approximately 1.31 million barrels per day for the fourth quarter of 2022, growing 20% versus the fourth quarter of 2021. For the full year of 2022, total water volumes grew 36% versus the full year of 2021. Recycled Produced Water volumes of approximately 283 thousand barrels per day in the fourth quarter of 2022, up 53% versus the fourth quarter of 2021. For the full year of 2022, Recycled Produced Water volumes were up 144% versus the full year of 2021.

Aris Water Solutions CEO Amanda Brock To Speak At Oilfield Water Markets Conference This May 17-18, 2023

At the Fort Worth Convention Center this May, Amanda will share her thoughts on the Future Of Oilfield Water Management Panel at this highly anticipated event. Don't miss it!

Our Favorite Slides In Aris Water Solutions New Deck - customers, beneficial reuse, forecasts, and more

Slides likely to be of most interest to broader water markets participants from the earnings deck Aris released this week include: map on 4, forecasts on 7, beneficial reuse update on 9, primer on 12, and customer list on 13.

Aris Transcript

Aris earnings call offers a complete update on what the company is doing in water management.

APA Corporation Announces 2023 ESG Goals

Goal include to utilize at least 50% recycled, produced water for completions in U.S. onshore operations.

Atlas Energy Solutions Inc To Start Trading Tomorrow - Frac Sand IPO Marks The Return Of Oilfield IPO Activity Since Aris & Profrac Deals...

Atlas Energy Solutions Inc AESI IPO will take place March, 09 on the NYSE exchange under the ticker AESI.

Riley Permian to acquire New Mexico Yeso Trend assets

Riley Exploration Permian Inc. has agreed to acquire Yeso Trend oil and gas assets in New Mexico from Pecos Oil & Gas LLC for $330 million.

Litigation Risk: An SWD Monitoring Firm Has Sued Their Biggest Customer After The Customer Transitioned To An In-House Design

SitePro is suing a large water midstream firm, claiming that their proprietary SWD monitoring system was responsible for over $1bn in fund raising by their customer and the customer's growth from 2 wells to >60 before their customer transitioned to an internally developed system. As the water midstream firm achieved scale, it felt it wasn't getting the optimization and responsiveness that it needed from the third-party system so an in-house replacement was built, which SitePro alleges cloned trade secrets in a 43-page complaint that is heavy on marketing material and was filed in the US District Court for the Western District of Texas Waco Division a couple weeks ago. This new legal spat highlights a litigation risk to growing midstream firms that transition from deeply embedded third-party IoT systems to solutions built in-house.

Wedgemount Rapidly Moves to Oil Producer with Permian Acquisition

“The asset has tremendous production upside potential including low-cost optimization of existing wells, new vertical and horizontal wells, targeting of underdeveloped zones and the implementation of secondary recovery through water-flood. We’re optimistic that together our local partner, we’ll be able to add additional highly prospective targets in the immediate area during calendar 2023.”

5 Common Mistakes Handling Produced Water

Companies run into issues with sampling and monitoring produced water at a given frack pad, perform inadequate treatments, don’t store or dispose produced water properly, and have human-resource related issues such as insufficient safety training.

PA State Sen. Yaw Proposes Creation of Independent Energy Office

The Majority Chair of the Senate Environmental Resources and Energy Committee announced last week that he intends to introduce legislation to establish an Independent Energy Office (IEO). The IEO would be established along the same lines as state’s successful Independent Fiscal Office (IFO). The IEO would, like the IFO, be a neutral agency that does not support or oppose the policies it analyzes.

CNBC at CERA Week

Video interviews with some energy movers and shakers...

Produced water spill reported in Mountrail County, ND

According to the North Dakota Department of Mineral Resources, about 380 barrels of produced water was spilled and contained at a location operated by Continental Resources. The state says all visibly contaminated material is in the process of being cleaned up.

Central Coast company ordered to pay $65 million for oil spills by federal judge

The firm formerly known as Greka Oil & Gas has been ordered to pay $65 million after a federal court found gross negligence in a civil lawsuit filed jointly by the United States and California more than a decade ago.

Shell’s New CEO Changes Course, Says Cutting O&G Bad for Everyone

Shell’s new CEO has been Wael Sawan, who said last week that cutting oil and natural gas production is “not healthy” for consumers. What a breath of fresh air!

DOE Awards Ohio University Produced Water Researchers $2mm Grant

The researchers at OU have worked on developing produced-water remediation technology for the past 10 years. Produced-water remediation is a process that consists of capturing CO2 from produced water, which is the wastewater produced by oil and gas production. The CO2 can then be converted into building products.

Infinity Expanding Water Recycling Deal with XTO in New Mexico’s Permian Delaware

Water recycling firm Infinity Water Solutions LLC is extending a collaboration with a unit of ExxonMobil to improve water use in oil and natural gas activities in the Permian Basin’s Delaware subbasin in New Mexico.

New Zealand firm eyes Permian for water purification pilot

A recently concluded financing effort is funding five customer trials of a water purification technology. One trial will be located in the Houston area while a second trial will be located around Orla near the Texas-New Mexico border.

Subscribe


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

Advertising


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

LEARN MORE
Detailed Agenda

Monday - May 5, 2025 | Pre-Conference

Start TimeDescription
2:00 pm

Tuesday - May 6, 2025 | Conference Day 1

Start TimeDescription
8:00 am
in the Exhibit Hall

Wednesday - May 8, 2025 | Conference Day 2

Start TimeDescription
10:00 am

Stay Informed

Subscribe to Oilfield Water Weekly