Our two fall events (Pittsburgh and Houston) are taking shape nicely and will be well attended. In Pittsburgh, check out speakers added recently from Expand Energy and EQT. In Houston, IP Filtration joins as a sponsor, and their president Mike Otto will be sharing an update on industry advances that you do not want to miss. Many more speaker announcements coming soon! Please reach out to get involved…
Now here is this week’s industry news & analysis…
News Digest
Goodnight Midstream Acquires Clear Water Resources SWD Assets
Clear Water Resources was founded in 2014 to provide integrated oilfield waste management solutions to customers in the Eagle Ford. Raymond James represented CWR on its sale to Goodnight...
A Former EOG Water Team Member Sells Water Platform To Apollo Funds
Congratulations to Dustin Kinder who left EOG where he was water resource manager in 2022 to lead Maverick Water Group as their CEO. 2018-founded and Houston-based Maverick just got acquired by Apollo...
NGL's Ryan Hall Shares Insights On Power Plant Water Use
"For decades, power plants have relied on low-cost groundwater for cooling, creating path dependence in which infrastructure and operating practices remain tied to historical water economics. As freshwater becomes increasingly valuable, continued use of potable groundwater for cooling represents a misallocation of natural capital..."
WATER TALENT POOL: A Notable Retirement Coming Up
We have learned that Paul Hart is retiring from Diversified Energy in at year-end. Paul is Director Of Environmental Services there, has had a fantastic career in produced water, has been a great contributor and friend of our conferences. We will miss him as I'm sure a great many folks in the industry will as well. Join us in Pittsburgh where Paul Hart will take the stage one more time on 10/20, and shake his hand and wish him many great adventures in his next phase!
WATER TALENT POOL: Opening For Director Of Environmental Services at Diversified
A position to replace Paul Hart has been posted on the Diversified Energy website under the Careers page, and they are accepting applications now. This is a great opportunity to join a solid firm as Director of Environmental Services (and the new hire will have a chance to absorb some of Paul's vast knowledge if they join before year-end!)...
WATER TALENT POOL: XRI Adds Ray Vaz To Their Growing Team
Ray will be Senior Vice President, Business Development. He joins from Devon where he worked for a decade, and you might have heard him speaking at our May event in Irving. Congrats to Ray and XRI.
Veolia Lands 350 MW OH Microgrid Days After Paying Antero $371M
Marcellus Drilling News points out that Veolia announced a big new Ohio contract six days after wiring Antero a check for $371 million over their WV water plant dispute.
PW EPS: Great Quarter For Tetra!
Target to desalinate 500,000 barrels of produced water per day by 2030.
PW EPS: New Record High Disposal Volume For NGL
Produced-water commitments reached approximately 1.77 million barrels per day, while the LEX II Extension is expected to add transportation capability and enter service by year-end.
Kinetik Publishes 2025 Sustainability Report
The report shows they are permitted for 609,000 Barrels Per Day of Produced Water Injection Capacity...
Diamondback Joins The "Million Barrel Per Day" Club
Total production for the quarter averaged 1,018 MBOE/d, putting Diamondback’s average production above one million barrels of oil equivalent per day for the first time in our Company’s history.
Diamondback Says They Have A Shovel-ready Data Center Campus Coming In 2027
Here's the update quoting from their earnings call yesterday: "we and our IPP Partner put together what we view as a very unique bridge-to-grid solution on our 30,000-acre Bryant Ranch location, ultimately to deliver scalable, reliable power near Midland, Texas. We have secured distributed power generation, remediated land, and directed access to dedicated nat gas and water supply. All of this should allow us to provide a shovel-ready development project delivering first gas as soon as the back half of 2027 through the use of behind-the-meter recip units... we'll give the market a larger update once we've signed definitive documentation with a hyperscaler, but are confident in the direction that this project is going."
Texas governor orders pause on new data center approvals pending audit
Texas Governor Greg Abbott ordered a pause on approvals of new data center projects through the state's grid interconnection process, citing concerns that a surge in electricity demand could threaten reliability at a time when opposition to the projects is growing.
US Oil Prices Down To $75 After Peace Progress Claims
Rubio claims progress in talks to move more ships through Strait of Hormuz...
Federal government will put 2,840 acres of Ohio’s only national forest out to bid for fracking
Nearly 3,000 acres of land in Ohio’s only national forest will be auctioned for fracking in September.
Oped Hit Piece: "Ohio should treat the threat of radioactive fracking waste like the emergency that it is"
"Southeastern Ohio has a serious problem underground. Now that problem is reaching the surface and threatening our drinking water."
Think They Stole The Water Too?
Crude oil theft conspiracy leads to 6 guilty pleas in Permian Basin...
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