2 weeks until the Oilfield Water Industry Update Conference in Houston. This event checks all the boxes, have you checked your box and registered attend yet?
Here is this week’s industry news & analysis…
Oil up on big U.S. crude storage draw, Middle East tension
Oil prices climbed to a two-week high on Wednesday on a bigger-than-expected U.S. storage draw and as rising tensions in the Middle East threaten to disrupt oil supplies from the region, with Iran calling for an oil embargo on Israel.
Bloomberg: Chesapeake Considers Acquisition Of Southwestern Energy
Chesapeake Energy Corp. is considering an acquisition of rival natural gas producer Southwestern Energy Co., according to people familiar with the matter.
What Exxon’s deal with Pioneer says about the future of Texas shale
The deal, Exxon CEO Darren Woods said, pries open access to “the largest undeveloped Tier 1 inventory in the Midland Basin.”
WATER TALENT POOL: SWN Hiring
ESG Sustainability Specialist role opening...
Third-Party Companies Expanding Water Treatment, Reuse And Disposal Capabilities
Crude oil and natural gas production have rocketed to all-time highs in the Permian Basin, but so has the volume of water co-produced with all those hydrocarbons.
TSTC to offer water plant operation license courses
Two courses at Texas State Technical College will provide water plant operators the chance to have employees earn a license.
Western Midstream Announces Closing of Meritage Midstream Acquisition
The Meritage acquisition transforms WES’s existing asset footprint in the Powder River Basin with expanded gathering and processing facilities, a diversified customer base, and long-term contracts supported by minimum volume commitments and acreage dedications.
Wastewater from the Derailment Site Cleanup to be Injected
Buckeye Brine told the Guardian that the wastewater being injected underneath Coshocton is rainwater and runoff from vehicles cleaned after operating in the affected site. The federal and Ohio environmental protection agencies say the wastewater has been treated to drinking water safety levels. Environmentalists are making an issue of it anyway.
Aris Water Solutions Sees Volume Increases Ahead
The company's management is confident about increasing activity in the near future and has increased its forward adjusted EBITDA guidance.
Milestone Receives Permit for Stanton Landfill
The Railroad Commission of Texas (RRC) approved the company’s third RCRA-exempt energy waste landfill permit in the Permian Basin. Development plans for the nearly 12.4 million cubic yard landfill are underway.
800,000 tons of radioactive waste from Pennsylvania’s oil and gas industry has gone “missing”
Poor recordkeeping on hazardous waste disposal points to potential for bigger problems, according to a new study.
EERC receives over $12 million for continued study into critical minerals, salt caverns
Some of the funding will be used by the EERC to study the potential for extracting the minerals from produced water, which is wastewater that is a byproduct of oil and gas production. The EERC will also seek to better understand the accumulations of and potential for extracting critical minerals in oil and gas reservoirs as well as those in drill cuttings, another byproduct of petroleum development, said Reice Haase, the Industrial Commission's deputy executive director.
New Mexico researchers report contamination, nuclear material in oil and gas wastewater
“We got better data on how much is generated each year,” Fuge said during the meeting at Southeast New Mexico College in Carlsbad. “Because produced water is a byproduct, it tracks pretty well with oil and gas that is produced.”
Taxes, state parks, infrastructure: What you need to know about the Nov. 7 constitutional amendments election
This includes Proposition 6. If approved, this resolution would create a new special fund in the state treasury outside of the general revenue fund, endowed with a $1 billion down payment. The fund would be administered by the Texas Water Development Board to support a wide range of projects including fixing Texas’ aging, deteriorating pipes, acquiring more water sources and mitigating water loss.
ACROSS THE POND: Australia: Delayed environment laws spark calls for urgent government action on water and fracking
The independent MP Sophie Scamps and Hanson-Young said, given the delay in passing some reforms, the government should bring forward one part of the promised changes – strengthening the “water trigger” to ensure local water resources were protected from fracking for gas – and pass it this year.
McKenzie County produced water spill more than 14 times larger than initially reported
Caliber Midstream reported two separate pipeline spills in McKenzie County on both Tuesday, Oct. 3, and Wednesday, Oct. 4. The volume of the Tuesday spill has risen to 60,732 gallons.