And then there were 2….
…only 2 of our 20 sponsorship spots are still available for the Oct. 29th Oilfield Water Industry Update at the Houstonian in just 5 weeks.
Today we welcome Texas Capital Bank, the event’s newest sponsor to join. We look forward to hearing their team’s insights on the Market Trends panel. A tremendous sponsor group has rallied around this conference, and if you don’t see your logo, this is your last chance to get some visibility as our final 2 exhibitor spots will go quick! Grab yours here>
Here is this week’s industry news & analysis…
News Digest
WaterBridge Talks About Oilfield Water And All That It Implies... [PODCAST]
Check out the latest Energy in Transition Podcast featuring WaterBridge's Michael Reitz (EVP & COO) and Hayden McEntire (VP, Corporate Engineering, Integrated Operations) to discuss the critical role of water management in oil and gas.
SRBC Approved Another 24 Water Use Permits for PA Drilling/Fracking
The Susquehanna River Basin Commission (SRBC) published a notice in the Saturday edition of the Pennsylvania Bulletin that says the SRBC's Executive Director recently approved or renewed 24 general water use permits for shale gas drilling pads in Bradford, Cameron, Clearfield, Clinton, Lycoming, Susquehanna, Tioga and Wyoming counties in the Keystone State.
WATER TALENT POOL: Tyler Hussey On The Move
Tyler has left the Apache water team to join Aureus as VP Corp Dev and simultaneously started an MBA at Rice. Congrats Tyler!
US Elections: Gold May Glitter. Oil & Gas is Murkier
With six weeks until the US election, the Man Institute looks at the likely commodities winners and losers after 5 November. A Republican administration may favour traditional energy companies, but the "drill, baby, drill" approach could harm oil and gas prices; however, there is there is a low chance of US exploration and production (E&P) companies reacting with more activity as shareholders have grown accustomed to production discipline and enhanced shareholder returns.
Old oil fields reimagined as lithium sources
Demand for lithium has boomed in recent years amid rising global sales of electric vehicles and increasing use of lithium-ion batteries to store electricity. These developments—important features of the energy transition—are expected to continue, with many forecasts anticipating a doubling or tripling of lithium demand by the end of the decade.
Economic Analysis of Lithium and Salts Recoveries from Bakken Formation
Technical paper on the opportunity in the Bakken.
A Vast, Untapped Source of Lithium Exists in The US
Almost two centuries after California's gold rush, the United States is on the brink of a lithium rush. As demand for the material skyrockets, government geologists are rushing to figure out where the precious element is hiding.
US to award $3 billion to 25 projects for battery manufacturing sector
DOE plans a $225 million award for production of lithium carbonate by SWA Lithium, jointly owned by Standard Lithium (SLI.V), opens new tab and Equinor (EQNR.OL), opens new tab, using Direct Lithium Extraction (DLE) technology. DOE also plans to award $225 million to TerraVolta Resources to produce lithium from brine using DLE.
New Mexico wins $7.5M from Texas-based operator for abandoned, messy oil sites
It’s the largest single judgment the State Land Office has been awarded since its Accountability and Enforcement program, aimed at holding operators responsible for damage left on state land, was launched in 2020.
Barnett Shale Targeted as Permian Operators Move into Deeper Plays
Operators in the Permian Basin are expanding beyond the Spraberry and Wolfcamp intervals, exploring deeper formations like the Barnett and Woodford Shales. Recent filings with the Texas Railroad Commission (RRC) indicate a rise in drilling and permitting activity in these deeper formations.
Protect the Permian Act: Legislation to increase criminal penalties for oil-related theft and more
This legislation will increase criminal penalties for stealing, transporting, and selling oil and oil field-related equipment and expand federal resources to law enforcement agencies to target oil theft.
Produced Water and the Strategic Supply
Inspired by Gov. Michelle Lujan Grisham’s announcement in 2023 of intentions to establish a Strategic Water Supply, the state’s environmental administrators are focused on how to re-use produced water that is generated by New Mexico’s oil and gas companies.
NM State officials say recycling fracking wastewater could help prevent quakes
"That 1.9 billion barrels of produced water, we can't let it affect adversely our aquifers, and we do have to manage it properly as a state," Environment Secretary James Kenney said at a Wednesday meeting of the Legislative Finance Committee's water subcommittee.
Vivakor Board Approves Closing of $120 Million Acquisition of Endeavor Entities
The Endeavor Entities owns and operates one of the largest combined oilfield trucking fleets in the continental United States transporting crude oil, petroleum products, and produced water, which is fully integrated with a network of station, terminal, and pipeline facilities for blending, processing, reuse and remediation.
Ken Paxton sues Biden administration over listing Texas lizard as endangered
The lawsuit claims federal regulators have undermined the Texas oil and gas industry by misusing environmental law, negatively impacting drilling and production.
Permian Resources Completes Delaware Basin Acquisition from Occidental
The infrastructure portion of the agreement includes more than 100 miles of oil and natural gas pipelines and a water system with a water recycling capacity of approximately 25,000 barrels per day.
BUZZ BUILDS FOR 10/29: Announcing Permian Oilfield Partners As WiFi Sponsor!
Stay connected at the fast approaching Oilfield Water Industry Update thanks to our WiFi Sponsor - Permian Oilfield Partners! See you at The Houstonian Hotel, Club & Spa on October 29 for what promises to be a great day of education and networking with industry leaders...
BUZZ BUILDS FOR 10/29: One Week Left For Early Bird Rate
The produced water industry isn't just iron, wells and barrels. People are the key. And the industry's top people and firms are getting together at the Houstonian on 10/29. Will you be there? Early bird registration ends in one week...
BUZZ BUILDS FOR 10/29: Announcing Equinox As Charging Station Sponsor!
Thank you Equinox Engineering Ltd. for being the Charging Station Sponsor at the upcoming 6th Annual Oilfield Water Industry Update! Join produced water industry leaders for a great day of networking and information sharing on October 29 at The Houstonian Hotel, Club & Spa.
Diamondback and Kinetik buy 30% stake in EPIC Crude pipeline
Oil and gas firms Diamondback Energy (FANG.O), opens new tab and Kinetik Holdings (KNTK.N), opens new tab on Tuesday said they acquired a 30% equity interest in the EPIC Crude pipeline system.
DeLa Express Pipeline Project in early development
The pipeline will be going through the entire state of Texas.
How will the Matterhorn Express Pipeline impact the Permian Basin and energy markets?
“What this will likely do is spur on more natural gas production in the Permian – potentially oil production, too, because oil has also been under the effects of this excess natural gas in the region, because there’s a limit to how much natural gas can be flared.”
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