Thank you to everyone that attended our event this week at the Irving Convention Center. The turnout, information, and networking were very special this time. As you can see in the gallery of photos from the event here, if you missed this conference, you missed a lot! Slides and the final attendee list will go out tomorrow to the conference delegation. Thanks again to the 50+ wonderful sponsors who made it all possible.
Here is this week’s industry news & analysis…
News Digest
An Extraordinary Moment This Week As Energy Secretary Addressed Produced Water Sector
Hearing a special message for produced water people from US Energy Secretary Chris Wright was one of many extraordinary moments delivered by the Oilfield Water Markets Conference in Irving this week! We were encouraged by the Secretary's recognition of the vital role water midstream plays and words about deregulation and interest in promoting U.S. onshore oil and gas development...
WATER MIDSTREAM EARNINGS SEASON: Aris
Achieved record volumes for both Produced Water Handling and Water Solutions
WATER MIDSTREAM EARNINGS SEASON: LandBridge
Delivered Q1 revenue growth of 131% year-over-year and 20% quarter-over-quarter...
WATER MIDSTREAM EARNINGS SEASON: Texas Pacific
Water Services and Operations segment revenues of $69.4 million, a Company record...
Basin Properties Announces Sale of Ranches and Accelerated Water
Basin Properties announced the sale of its interests in two ranches in Lea County, New Mexico as well as Accelerated Water to an undisclosed buyer for $180 million.
The Evolution of Produced Water Management in the Marcellus Shale
Over the years energy companies have moved from paying for fresh water to recycling and reusing their vast quantities of produced water. This change in strategy is both economically and environmentally sound, and it has driven the evolution of Keystone Clearwater’s strategic partner in the region, Hydro Recovery LP.
Delek Logistics targets $480M-$520M EBITDA for 2025 amid Permian Basin expansion
CFO Robert Wright noted liquidity of approximately $450 million and reported a $10 million unit repurchase under the $150 million authorization through 2026. He also highlighted the contribution of acquisitions like H2O and Gravity Midstream to the financial results.
Hilco Real Estate Sales Announces Qualified Bid Deadline for 21 Strategically Located OFS Properties across Texas & NM
The properties are being sold individually or in any combination as part of the Chapter 11 bankruptcy of Water Energy Services, LLC, a water and wastewater management company currently optimizing their portfolio.
Letter to Stockholders Issued by Diamondback Energy, Inc.
The past two months have been challenging for the U.S. oil and gas industry, as the combination of global economic uncertainty (lower demand) and an increase in expected OPEC+ production (higher supply) has lowered oil prices and increased volatility.
WATER TALENT POOL: Matt Tate Joins Dakota Midstream
Matt will be VP Business Development there, having left Delek Logistics Partners post H2O Midstream acquisition...
WATER TALENT POOL: CORE Linepipe Opening
Hiring for the position of Inside Sales Administrator
EVENT BUZZ: Photos Are Posted
Our wonderful photographer Bobbi Van Reet documented the event and the photos are online for all to see the amazing and productive time we shared in Irving this week - from the opening Cinco De Mayo welcome reception sponsored by Alliant to the closing Pickleball tourney and everything in between... it was a great week for the wonderful industry community we serve. Big congrats to teams from Texas Pacific and Relevant/Rawson for finishing in first and second place respectively!
EVENT BUZZ: EvaporationWorks at the 5th Annual Oilfield Water Markets Conference...
Great to see you Ed!
EVENT BUZZ: Days before the event, another big quake
Hundreds of executives talked about Saturday's big Permian earthquake at the Irving Convention Center..
EVENT BUZZ: Thank you B3 for your leadership in the sector!
It was great for B3 to catch up with clients, colleagues, and meet some new faces on Day 1 of the Oilfield Water Markets Conference.
EVENT BUZZ: Thank you ITC!
Proud silver sponsors of The 5th Annual Oilfield Water Markets Conference!
EVENT BUZZ: Thank you for your voice Kirk!
Kirk Edwards's panel got rave reviews from attendees - straight shooter with great insights!
EVENT BUZZ: All the way from Tokyo!
It was great to meet the Nissan Chemical and Nanoborne teams who sent folks all the way from Tokyo to meet with U.S. oilfield water folks and share their solutions!
EVENT BUZZ: B3 Hosted Ripple Effects
The exclusive gathering co-located with the broader conference brought together leaders from the operator and midstream community for a candid, solutions-focused dialogue on the most pressing water management challenges facing the Permian Basin and beyond.
EVENT BUZZ: Great Time!
Having a great time at the Oilfield Water Markets Conference in Irving, Tx — We’re around to talk all things water in the Basin!
Water pressure is rising — and so is the cost of inaction.
In this article, B3 Insight President David Hicks explores the urgent pressures facing the Permian Basin’s water infrastructure and what’s at stake if the industry doesn’t adapt.
Can Texas clean up fracking water enough to use for farming? One company thinks so.
The Texas Legislature has also invested millions in research to clean the fracking wastewater. Critics say it’s not a viable solution to the state’s water crisis.
‘Wait baby wait’: Local energy expert weighs in on tariff impact in the Basin
Oilfield Water Markets Conference speaker Kirk Edwards weighed in after witnessing President Trump’s “damaging” effects on the Texas oil and gas industry.
As the mighty Permian Basin slows, Canada stands to rise in the shale oil and gas world
As the booming U.S. onshore oil and gas industry matures and efficiency levels fall, less active Canadian shale plays stand to benefit with arguably the best combination of quality inventory and longevity, according to a new white paper from Kimmeridge, a New York energy private equity firm with an activist bend, exclusively obtained by Fortune.
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