Oilfield Water Weekly

This week’s edition delivers a wide variety of news with many important stories for produced water execs – from top to bottom you’ll find must reads! And after you are done scrolling, please take a minute to reserve your spot at the premier produced water executive event of the year coming up May 8-9 at the Irving Convention Center (link). Our room block is filling up, new speakers and sponsors are joining daily, and you deserve to be there alongside your industry peers!

Here is this week’s industry news & analysis…


News Digest

EXCITING PROGRESS: Bechtel and Five Point Energy Announce Sustained Pilot Operations of Innovative Water Conservation Technology

Low Energy Ejector Desalination System (LEEDS) recovers more than 50% of treated produced water as reusable clean water.

SOUTH TEXAS SHAKES: 4.7 Mag In Karnes County (key county for Eagle Ford)

M 4.7 - 3 km SSE of Falls City, Texas
2024-02-17 06:32:54 (UTC)28.958°N 98.005°W2.0 km depth

ONE STEP BACKWARDS IN NM: New Mexico legislature kills bill to buy treated wastewater

A plan launched by New Mexico's Democratic governor at COP28 to use $100 million in state funds to buy treated brackish or wastewater from oil and gas operations failed to get support from the state's legislature on Thursday.

'Softer version' of Lujan Grisham water supply plan limps through New Mexico Legislature

Funding was blocked for New Mexico’s proposed program to buy treated salt water from private companies and sell it to other industries they were trying to attract.

Strategic Water Supply taps out as the governor insists she won’t ‘give up on it'

Gov. Michelle Lujan Grisham expressed her disappointment in a press conference after the session adjourned Thursday afternoon, and said she’ll keep fighting for the measure.

Western Gulf Water Services DAF Milestone - 50mm Barrels Recycled

Dissolved air flotation (DAF) equipment is a fully automated and mobile solution for water treatment. This method is 99% effective at removing solids, oils, and grease. Since the inception of Western Gulf Water Services, we have recycled 50 million barrels of produced water for reuse using DAF equipment and similar techniques. Learn how this system works and how it can be beneficial to your water treatment needs in our latest blog: https://lnkd.in/gpHpJzk9

WATER TALENT POOL: Milestone Appoints Josh King as Chief Financial Officer

He joins the Company from Layne Water Midstream, a water midstream company backed by Post Oak Energy Capital and Genesis Park, where he served as CFO since 2019.

WATER TALENT POOL: DHI Growing In Permian

The company has a job opening in Odessa.

WATER TALENT POOL: Enerflex Ltd. Appoints Preet Dhindsa as Senior Vice President and Chief Financial Officer

Mr. Dhindsa has served as the Company’s Interim CFO since October 13, 2023.

WATER TALENT POOL: Dane Broussard named CEO at CORE Linepipe

News was shared on LinkedIn... congrats Dane!

Permian Local News Channel Segment On Produced Water [Part 3]

Last week's newsletter covered parts 1 and 2 of this local news segment on produced water. Today we share part 3...

Produced water management ‘fundamental’ to decarbonization

“Produced water is going to play a big role in future plans for decarbonization and emissions reduction,” said Rob Bruant, director of product with B3 Insights.

Delivering Skim Oil In Just Two Weeks

Removing 12 feet of oil pads + improved injectivity: How JGL's microbe solutions delivered sellable skim oil in just 2 weeks, fully remediated oil pad emulsions in one month, and improved injection rates throughout the entire system. Discover this downloadable commercial disposal case history below.

DXP Enterprises, Inc. Announces Acquisition of Kappe Associates, Inc.

Kappe is a leading distributor and manufacturers representative of pumps, controls and process equipment focused on serving the water and wastewater industry. DXP funded the acquisition with cash from the balance sheet.

Midway Energy Partners (Midland-based E&P) Secures Equity Commitment from Post Oak Energy Capital

Headquartered in Midland, Texas, Midway’s leadership includes industry leaders Jack Walter, Chief Executive Officer, Brady Adams, Chief Operating Officer, and Jordan Cox, Senior Vice President, Engineering, all of whom have successfully participated in building both private equity-backed ventures and public companies focused in the Permian.

Disposal Constraints Drive Creative Research Into Water Treatment, Reuse

Article gives a decent overview of some of the challenges and opportunities in the industry.

LiqTech partners with Razorback Direct to commercialize produced water solution in the US

iqTech International Inc has entered into a distribution agreement with Razorback Direct Oilfield Solutions and Services LLC to commercialize its produced water treatment filtration solution for re-injection and reuse, as well as lithium harvest, in the US States of Texas, Oklahoma, Louisiana, Ohio, and Pennsylvania.

Disposal Constraints Drive Creative Research Into Water Treatment, Reuse

On average, Permian Basin wells lift three or four barrels of water for every barrel of oil. For some wells, the ratio of water to oil is 12 to 1. Although produced water can be treated and used in hydraulic fracturing operations, the vast majority of it goes into saltwater disposal wells.

Targa starts up new gas processing plant in Permian basin

Targa Resources has commissioned a new plant as part of the operator’s ongoing strategy to further expand its Permian basin gathering and processing position.

NAPE: In Basins Familiar to E&Ps, Lithium Rush Offers Little Gold

A quest for sources of lithium comes as the lucrative element is expected to play a part in global efforts to lower emissions, but in many areas the economics are challenging.

Team aims to unlock the treasures held in produced water

Researchers from Texas A&M University have determined that critical minerals make up produced water — the waste byproduct of oil and gas extraction operations often considered too polluted and expensive to clean.

Houston Chronicle Endorsement and Article on Republican RRC Candidate James Matlock

Matlock said, if elected, he would focus on responsible water management. He would push the Railroad Commission to invest in facilities and pipelines that recycle the produced water used for drilling.

EQT Ups Stake in Appalachia Gas Gathering Assets for $205MM

EQT Corp. inked upstream and midstream M&A in the fourth quarter—and the Appalachia gas giant is looking to ink more deals this year.

Pioneer Natural Resources Shareholders Approve Exxon Merger

Pioneer Natural Resources Company announced that the Company received shareholder approval for the pending merger with Exxon Mobil Corporation.

New Mexico called on to ban 'forever chemicals' in oil and gas, as feds push restrictions

Environmental groups in New Mexico renewed a call to investigate oil and gas drilling fluids for the presence of substances known as “forever chemicals” that could endanger water supplies and public safety.

Vital Energy's $1 billion plan to gain a foothold in the Permian Basin oilfields

Oklahoma-based oil and gas company announced a second acquisition in the Permian Basin amid a billion-dollar plan to build scale in the booming region.

Select Shares A View On Next Gen Infra For PW MGMT

With networks of produced water pipelines and gathering systems, recycling technology, chemical expertise, and saltwater disposal wells, we are uniquely qualified to deliver large-scale produced water management solutions to oilfield operators.

Oil prices steady as traders wait for more insight on when Fed might cut rates

Crude oil futures were little changed Wednesday as the market waits for further indication of when the Federal Reserve might cut interest rates.

Warm Winter Drags U.S. Natural Gas Prices to Three-Decade Low

Warmer winter temperatures in the U.S. have led to reduced demand for natural gas, resulting in a surplus and pushing prices to their lowest levels in 30 years.

Chesapeake plans production cut of nearly 20%

Chesapeake will focus on building up to 1 bcfd of reserve capacity; ‘The market is pretty clearly telling us it doesn’t need our gas today.’

Low Gas Price May Cause EQT to Shut-in Production, Curtail Drilling

CEO Toby Rice says his company is ready and quite willing to throttle back on production and do less drilling than previously planned…if the price of natural gas stays low.

TX Drought Update

On 02/15/2024, data show an impact on #drought stricken Central #Texas #aquifers by the recent rainfall. However, surface #water storage is little changed with Lake Buchanan 45.4% full, Lake Travis 38.6% full, Canyon Lake at 60.5% & Lake Medina at 3.2% full.

Radical Bill in NY to Block CO2 “Fracking” Advances in Assembly

The bill is rapidly advancing in the Democrat-controlled Assembly and Senate. It appears to be a fait accompli.

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