As you hang up your new 2024 wall calendars, please flip ahead to May and block out May 8-9, 2024.
You’ll want to be sure and be with us and the rest of the produced water industry in Irving those days for the premier oilfield water executive conference of the year (details).
Here is this week’s industry news & analysis…
News Digest
Goodnight Midstream Announces New CFO and Chief Strategy Officer
Kyle Irons is the new Chief Financial Officer and Austin Anderson is the new Chief Strategy Officer. Kyle and Austin have worked together for over 10 years.
Meet Goodnight's New Leadership: Kyle Irons, CFO
With more than 15 years of industry experience, Kyle Irons has a strong track record of successfully guiding high-growth midstream companies. Most recently, Irons served as the Co-President and CFO for Blue Racer Midstream, where he led the company’s finance, accounting, construction, engineering, and IT teams. Previously, Irons held several leadership positions, including the Director of Planning and Analysis at Caiman Energy and Senior Manager of Strategic Planning at Regency Energy Partners.
Meet Goodnight's New Leadership: Austin Anderson, Chief Strategy Officer
Austin Anderson has served in several leadership roles within the energy industry over the past 15 years, including Chief Executive Officer at Salt Fork Resources and most recently, Co-President and Chief Operating Officer at Blue Racer Midstream. In his role as CSO, Anderson will work closely across the finance, corporate development, and operations functions to continue to optimize and expand Goodnight’s customer reach and offerings.
Susquehanna River Basin Commission: Low Stream Flows Trigger Shutdown Of 4 Shale Gas Drilling Water Withdrawals In Bradford, Tioga County
On December 4, the Susquehanna River Basin Commission Hydrologic Conditions Monitor tracked the shutdown of four shale gas drilling water withdrawal points due to low streamflow conditions in Bradford and Tioga counties.
Permian Seismicity Monitor: Quakes >2.5M During Past Week
At this link, see USGS's reported earthquakes of significance over the past week, mapped. Key takeaway is the number and concentration of occurrences observed in the Texas Delaware Basin, just south of state line. This continues to be an area of heightened concern. At least the Midland Basin had a relatively quiet week.
WSJ: Occidental Petroleum in Talks to Buy Permian Producer CrownRock
Deal could value CrownRock well above $10 billion including debt.
Equitrans Midstream, Builder of MVP, Considers Selling Itself
As the company closes in on finishing and launching MVP, and as its CEO (since it was founded) is about to retire at the end of the year, we suppose it’s an opportune time for the company to explore selling itself. That’s the rumor people either in the organization or close to it are whispering to Bloomberg.
Influential Post Open: DNR Assistant Director for Research, Colorado Produced Water Consortium
If you know anyone who may be interested, it would be nice to have a friend in this position.
State to tap brackish and produced water to strengthen supply
New Mexico will establish a strategic water supply to better withstand drought and aid in clean energy production and storage, tapping brackish water and wastewater from fracking to bolster long-term supply, the governor announced Tuesday at COP28 in Dubai.
Texas Court Addresses Trespass by Produced Water Injection – Part 1
Legal document covers reversed summary judgment for the defendant in a subsurface trespass claim involving injection of large amounts of produced water.
Texas Court Addresses Trespass by Produced Water Injection – Part 2
Legal document covers reversed summary judgment for the defendant in a subsurface trespass claim involving injection of large amounts of produced water.
SilverBow Resources Announces Closing of Chesapeake Acquisition and Provides Updated 2023 Guidance & Preliminary 2024 Outlook
Completed transformational acquisition of Chesapeake’s remaining South Texas assets...
Tucker Carlson Interviews Micheal Shellenberger
Interesting discussion on natural gas, ESG, and climate change.
A Familiar Name Is The Next Big Thing In The Permian Shale Bonanza
“Sometimes the best place to find new oil is in already-producing areas, which neatly describes what’s happening in the Midland Basin in Texas.”
Utica Drilling in Columbiana County, OH, Came Alive in November
Columbiana County, OH, located in the northern portion of the Utica Shale play in the Buckeye State, has recently come roaring back to life.
U.S. oil & natural gas industry 'leads the way' in energy production, emissions reductions
A U.S. House Energy and Commerce subcommittee highlighted how the U.S. oil and natural gas industry is a global leader in clean energy production at a Wednesday hearing.
Sentinel Midstream Announces ExxonMobil Joint Venture Serving the Louisiana Energy Market
The joint venture, called Enercoast Midstream Louisiana LLC (“Enercoast”), provides critical pipeline connectivity between crude oil terminals in Raceland, St. James, and Anchorage, Louisiana.
TETRA Technologies: Highlighting Potential Lithium Royalty
The company is highlighting prospective royalty revenue from its lithium acreage in Arkansas.
WVU research helps power plants recycle water using wastewater from oil and gas mining
The researchers from the WVU Benjamin M. Statler College of Engineering and Mineral Resources modeled various scenarios for using “cooling tower blowdown” and “produced water” to treat each other. Cooling tower blowdown is wastewater produced by thermoelectric power plants, while produced water is created by hydraulic fracturing mining for oil and gas. The cotreatment process yields valuable byproducts as well as water that’s clean enough to be reused in power plant cooling operations.
Panel recommends Wyoming spend $37.5M on six energy projects, including produced water
Projects include $2.75M for “Integration of Produced Water Thermal Desalination and Steam Methane Reforming for Efficient Hydrogen Production“
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