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Here is this week’s industry news & analysis…
News Digest
Industry Makes Progress On Turning Produced Water Into Much-Needed Resource
Big produced water feature in the October AOGR. "Instead of asking, “where do we put the water,” the industry is asking, “how do we reuse it, recycle it, and convert it into a resource?”"
Western Midstream Comment On Aris Acquisition Completion
"With the official close of the Aris Water Solutions acquisition announced earlier today, Western Midstream is proud to solidify our position as one of the largest three-stream midstream, flow-assurance providers in the Delaware Basin. Together, WES and Aris create a stronger, more agile enterprise, well positioned to meet the challenges facing our producer customers in Texas and New Mexico with respect to produced-water gathering, recycling, transportation, disposal, and beneficial reuse."
WATER TALENT POOL: Amanda Brock Update
Following the sale of Aris Water Solutions to Western Midstream that closed this month, Amanda isn't taking any time off. She's been named Co-Chief Executive Officer of Solaris Energy Infrastructure and she started last week... congratulations Amanda and congratulations Solaris!
Katie Is Very Smart. Check Out Her Lecture [Webinar Announcement]
Katie Smye, a research associate professor at the University of Texas at Austin, will present her lecture "Reservoir Dynamics of Large-Scale Injection: Lessons from the Permian Basin" on 28 October at 12 p.m. (CDT). Her lecture will be presented online via Zoom and is free and open to all attendees. Live Q&A will follow the lecture.
Produced water policy needs to evolve
The truth is no policy is ever perfect the first time it’s written. Anyone who has ever governed or regulated knows rules require constant adjustment.
Dare You to Move – Some Midstreamers Are More Willing to Take Chances
Neither midstream companies nor the folks who run them can be put into neat and simple categories. Each is unique. At the same time, however, there’s no doubt that some midstreamers take a more aggressive approach to developing projects, while others are prone to dot every “i” and cross every “t” before making an FID.
WATER TALENT POOL: BP Openings In Midstream
They are adding two Senior Category Managers to support our midstream assets in the Permian and Eagle Ford.
WATER TALENT POOL: Update From Aris's Nick Patterson Post Deal Closing
"Over the past eight years, Aris Water Solutions has built a leadership position tackling this challenge head-on. Yesterday, we finalized the acquisition of Aris by Western Midstream, creating a combined platform that will continue advancing sustainable water management across the Permian Basin. I’m incredibly proud to have been part of this journey and deeply grateful to the Team that made Aris such a great place to work."
Five Point’s Resource-Management Strategy Pays Off
Nice WSJ article on the IPOs of WaterBridge and LandBridge with some hints about PowerBridge...
KMX Technologies Closes Investment from Welara
The funding accelerates KMX’s expansion into new end-markets, supports AI integration across its platform, and enables key team growth.
A new generation of industries emerges in Texas as feds push to mine more rare minerals
Major oil companies are drilling in East Texas again, but not for oil. This time, they’re after lithium for batteries and other rare elements.
New Permian Partnership
Pecos River Services, LLC is proud to announce a strategic partnership with Balmorhea Ranches Inc. Boasting more than 17,000 acres and 3mm BBLs in storage, PRS is strategically positioned to fulfill water needs in South Central and Southern Reeves County.
Texas added nearly 1,400 orphaned oil wells to its list this year
Salty black water laden with contaminants erupted from an orphaned well in West Texas in February — the latest in a series of deserted oil and gas wells leaking toxic water in a threat to groundwater.
Poolside, backed by Nvidia, to build $16 billion gas-powered AI data campus in Texas
Poolside, the AI startup backed by Nvidia, is building a gas-powered data center campus in West Texas alongside cloud infrastructure company CoreWeave, according to Wall Street Journal.
West Texas key focus for AI data center development
West Texas has become a prime destination for Artificial Intelligence (AI) technology and data center development.
Deep Blue's New Office Blends Fresh Updates With Thoughtful Reuse
Deep Blue says their team is "still pinching ourselves that we get to work here every day." Check out their fancy new digs!
Water utility plans desalinization plant at P.H. Robinson site in Texas City
A private utility company with water supply and treatment facilities across the United States and Canada plans to build a desalinization plant on land where the P.H. Robinson power plant once stood, company representatives said.
Texas voters have final say on $20 billion package to secure state’s water supply
This fall, state lawmakers hope voters will approve $20 billion for water projects over the next two decades. If voters agree, Proposition 4, on the November ballot, will be the biggest state investment in water in Texas history.
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