Oilfield Water Weekly

As the new year takes effect, we welcome two new 2024 advertisers – thanks to RWI and JGL for making this free industry resource possible. Please check out their new information below and give them a shout if they can help advance your efforts. The Oilfield Water Weekly is the most widely-read weekly newsletter serving produced water business people, and only possible with our sponsors’ support.

Meanwhile, momentum is building behind the scenes for our flagship event of the year, coming up May 8-9 at the Irving Convention Center. Stay tuned for big event announcements in the weeks to come. If you have interest in sponsoring / speaking, please reply to this email to start the conversation – we will begin our speaker outreach next week! Everyone will be there, so please make plans early to attend!

Here is this week’s industry news & analysis…


News Digest

Texas Tribune Today: Texas regulators limit oil and gas disposal wells in bid to reduce earthquakes in West Texas

The state’s oil and gas regulatory agency last month suspended nearly two dozen permits that let companies inject saltwater water into the ground, a routine industry practice that regulators said has contributed to the rising frequency and magnitude of earthquakes in West Texas.

A Bearish Take On Permian Production Trends...

Permian basin and Eagle Ford oil recoveries have both fallen by 30% and Bakken has declined by almost 20%. Those plays accounted for two-thirds of U.S. output in 2023. That means that U.S. production will decline at some time in the relatively near-future.

US natural gas companies Chesapeake and Southwestern near merger

If successful, the deal would result in an entity worth nearly $17bn that would become a leading natural gas-focused exploration and production company in the US by market value.

Apache acquiring Callon Petroleum

APA Corp., parent of Apache Corp., agreed to buy Callon Petroleum for $4.5 billion in an all-stock transaction, including $1.9 billion of net debt. The deal is expected to close in the second quarter.

Civitas Resources' $2 billion sale closes, Permian Basin merger wave continues in 2024

A $2.2 billion sale of oil and gas assets in the Permian Basin closed this week as 2024 appeared poised to continue the growth of last year in the region’s fossil fuel industry.

Marcellus / Utica SWD Company Shares Progress

Empire Fluid Solutions announced that construction is nearly complete on their Salt Water Disposal Facility In Belmont Ohio.

Top oil and gas bills to watch during New Mexico's 2024 Legislative Session

The 30-day budget-focused session will see legislators debating how to spend a $3.5 billion infusion of “new money” largely from oil and gas, but several of the bills already filed would change state laws governing how the industry operates in New Mexico.

Aris Water receives DOE grant to further reuse study

Aris Water Solutions has been named a recipient of a US Department of Energy research grant supporting its research into the treatment and desalination of produced water as an irrigation source for non-consumptive agriculture.

Railroad Commission’s no fly zone in West Texas extended through June

Not oilfield water related directly, but an interesting article on a no-fly zone over an uncontrolled well.

Ninth Circuit Rules Berkeley, CA’s Natural Gas Ban Preempted by Federal Law, but Some Justices Dissent

A divided appeals court on Tuesday affirmed its ruling that the first natural gas ban enacted in the United States, in Berkeley, CA, is preempted by federal law, setting the stage for more legal fights across the country.

Water And Energy Are Intertwined: Here’s How We Can Start Treating Them That Way

The water-energy nexus is a concept that recognizes the inextricable link between water and energy resources. This interdependence manifests in many ways.

This Ain't Your Daddy's Shale Boom

Despite a decline in the number of drilling rigs, U.S. crude oil production jumped to record-high levels last year to blunt the impact of OPEC’s oil supply-management policies. The growth in U.S. shale over the past year was one of the biggest surprises on the market.

Brain drain worries grow as energy, climate lawmakers exit

A host of lawmakers who have announced they are leaving Congress also play key roles in energy and environmental policy, sparking concerns of brain drain.

Midland settles with company to drill wastewater wells near the city’s drinking water supply

City leaders fought a yearlong battle to keep a company from drilling wastewater disposal wells too close to their drinking water. This week, they settled with the company instead.

Texas Frackers Are Facing Water-Disposal Bans After a Slew of Earthquakes

Shale drillers in one of the busiest parts of Texas’ Permian Basin will have to find new ways to get rid of their wastewater after the state regulator tied their practices to a slew of earthquakes in the region.

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

Stay Informed

Subscribe to Oilfield Water Weekly