In just 90 days, over 300 industry decision makers will gather for discussions that shape the industry’s future at the May 6-7 Oilfield Water Markets Conference.
Today, we welcome a new Gold Sponsor to the event: Halliburton’s Summit ESP®. Summit will showcase their pumping system solutions at the conference, and they join 17 other great firms who have already signed up to sponsor some 3 months early. Excitement is building for this high-demand event and it’s going to be a valuable time for everyone attending. We’re bring back our greatest hits (market-focused panels, E&P roundtables, data forecasts, and CEO fireside chats), plus some exciting new networking features this year (like our Cinco de Mayo Welcome Celebration on May 5 and Pickleball Tournament after the general sessions) – read all about it in today’s conference press release.
Here is this week’s industry news & analysis…
News Digest
PRESS RELEASE: Agenda Reveal For The 5th Annual Oilfield Water Markets Conference In DFW (May 6-7, 2025)
IRVING, TX, UNITED STATES, February 5, 2025 /EINPresswire.com/ -- An action-packed agenda has just been unveiled for the 5th Annual Oilfield Water Markets Conference, which returns to the Irving Convention Center May 5-7, 2025. The conference's marketplace-focused agenda was crafted with vital input from top C-level executives. Everything about this event experience - from the prestigious location to the content to the networking - is tailored to senior executives in the multi-billion dollar Lower 48 water midstream market.
Halliburton-Backed Startup Espiku Nears Water Treatment Pilot
Oregon-based Espiku, in collaboration with Halliburton Labs, aims to help drillers reuse produced water and reduce disposal. The company is scouting potential pilot project sites in the Permian Basin, Bakken and North Texas.
Chris Wright confirmed to serve as Trump's Secretary of Energy
CEO Chris Wright was confirmed by the Senate Friday with bipartisan support
Liberty Energy appoints Ron Gusek as CEO, Succeeding Chris Wright
Congrats to our friend Ron Gusek, and to Liberty on a great choice!
US to deploy molten salt reactors to turn wastewater into freshwater
“There are great opportunities for beneficial uses of treated produced water in Texas such as rangeland restoration, crop irrigation and streamflow augmentation, among others, especially in the Permian Basin.”
Welcome To A New Gold Sponsor: Summit ESP® — A Halliburton Service.
Specializing in electric submersible and horizontal pumping systems for oil and gas production, SAGD, mining, geothermal, and municipal water applications, their complete pumping solutions include surface and downhole equipment, plus installation, maintenance, repair, and testing services.
Supreme Court of Texas to Decide Ownership of Produced Water
The Supreme Court of Texas (SCOTX) agreed to consider a dispute over who owns produced water from oil and gas production.
Have We Reached "Peak Permian"?
Quick overview on some of the challenges with maintaining production levels in the Permian.
Chevron Sees Permian Basin Oil Growth Reaching 10% This Year
“We’ll grow but we’ll grow at a rate not quite that steep over the next couple of years and move toward a plateau,” Wirth said. The intent is to “build a large position” and be a “generator of strong cash flow.”
Could Produced Water Be Reused For Solar Farms? Interesting Post On Water Consumption In Utility Scale Solar...
Globally, it’s estimated that over 10 billion gallons of fresh water is used annually to clean solar panels, about enough to supply drinking water for up to 2 million people.
Oil falls amid rising U.S. crude inventories, Sino-U.S. tariff war
Oil prices fell on Wednesday as rising U.S. stockpiles and concern about a new Sino-U.S. trade war fuelled fears of weaker economic growth, offseting U.S. President Trump’s renewed push to eliminate Iranian crude exports.
USEDC plans $1bn investment in Permian Basin in 2025
USEDC, a privately held E&P company that manages assets for itself and its partners, aims to invest up to $1bn in US-operated and non-operated oil and gas projects.
US drilling activity rises, led by Permian Basin surge
Drilling activity surged in the last week of January, led in large part by activity in the Permian Basin.
107 oil and gas wells owned by a company based in a Highlands Ranch home are about to land on Colorado’s orphan list
The wells, most of which are on federal land, are not producing and have been passed from company to company, racking up environmental violations.
Data Centers in the Permian Basin Part 2 – It’s More Than Just Trapped Gas
Implications for LandBridge, TPL, Vantage Data Centers, & DigitalBridge
Trump eyes Clean Water Act to fast-track gas pipelines
The Trump administration is angling to use a bedrock water law to build more natural gas pipelines across the United States.
The great groundwater debate reemerges at Montana Legislature
New exempt well proposal enters a venue with a history of ‘knock-down, drag-out’ fights over a tool developers increasingly rely on to build low-density subdivisions.
US upstream oil and gas dealmaking hit $105 billion in 2024, Enverus says
Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but activity slowed in the second half as buyers found fewer targets to acquire.
Colombia's president orders national oil company to cancel US venture over environmental concerns
They canceled because they are opposed to fracking…except that they also just renewed a deal with Oxy to keep fracking in the Permian?
Paul Foster company sells New Mexico oil and gas assets for $2.5 billion to Houston firm
6-year-old Franklin Mountain Energy, or FME, have sold all the company’s oil and gas assets in the oil-rich Permian Basin in New Mexico, for about $2.5 billion to Coterra Energy.
Texas Railroad Commission’s New Environmental Rules: A Step Toward Sustainability or Business as Usual?
Article reviewing the new regulations, from a legal perspective.
Southern Kings and Tulare county farmers with unregistered wells may face local penalties
Tri-County is moving from using satellite groundwater use data to metered well data as its primary source of information for how much area farmers are pumping, Jackson said. So, the locations and depths of wells in the area will be crucial information to obtain in working on a proposed subsidence study, which is coming back to the board soon.
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