Here is this week’s oilfield water news and analysis digest…
Special Considerations for Protecting Interests under Water Agreements in Bankruptcy
To protect the recoupment of the company’s upfront investment, it is customary for a water midstream company to attempt to fashion their contracts with the E&P companies in a manner that insulates their risk in the event the E&P company becomes insolvent and declares bankruptcy. Kirkland Ellis discusses considerations that are specific to Water Agreements and may affect whether such a Water Agreement is determined to contain a CRWTL that cannot be rejected under the Bankruptcy Code...
Dedications in Produced Water Contracts
Recent events in the oil and gas industry are pushing many midstream companies to review their contracts with producers to assess whether such contracts would survive an attempted rejection in bankruptcy. Winston & Strawn a key consideration in determining the vulnerability of midstream contracts to rejection in bankruptcy - specifically, whether the contract includes a dedication that constitutes a covenant running with the land...
USGS records 2.6 magnitude earthquake north of Midland
An earthquake was reported in Martin County on Monday. According to the United States Geological Survey, the 2.6 earthquake was reported to the northwest of Midland just past the county line around 11:09 a.m...
Castañeda wins Democrat nomination in Railroad Commission race
Dallas energy attorney Chrysta Castañeda won a Tuesday night Democratic Party runoff to secure nomination to run against Republican Jim Wright in November’s general election for one of three seats on the Railroad Commission of Texas, the state agency that regulates the oil and natural gas industry....
Biden pledges carbon-free power by 2035 in $2T environment plan
Former Vice President Joe Biden will aim to make electricity generation carbon free by 2035 as part of a $2 trillion climate and infrastructure plan should he win the White House in November...
NPR Report: Rising Shale Water Complicates Frac Debate
The nation's boom in natural gas production has come with a cost: The technique used to get much of the gas out of the ground, called hydraulic fracturing, or fracing, has contaminated drinking water. But how often and where this contamination is taking place is a matter of much debate and litigation.
DOE Releases Draft Energy Storage Grand Challenge Roadmap and Requests Stakeholder Input
This week, the U.S. Department of Energy (DOE) released the Energy Storage Grand Challenge Draft Roadmap and a Request for Information (RFI) seeking stakeholder input on the Draft Roadmap.
What's Trending With UIC Applicaitons?
B3 Insight data shows 131 #seismicevents led to 31 UIC well application approvals postponed with a request for additional data. Increasing concern of #seismicactivity impacts permitted volume capacities.
Dakota Access pipeline can keep running amid legal fight: U.S. court
The Dakota Access oil pipeline can continue to operate amid an ongoing court battle, a U.S. Appeals Court said on Tuesday, setting aside for now a lower court’s order earlier this month to shut and empty the line....
Upcoming Webinar On Water Issues Facing TX O&G Industry
Senator Perry is the Chairman of the Senate Committee on Water and Rural Affairs...
Last Time The US Rig Count Was This Low, Abraham Lincoln Was President
With absolute certainty, this is the lowest level in seven decades (since Truman was president). With high confidence, this is the lowest rig count on record since Abe Lincoln was sworn into the highest office in the land (we’ll get to the supporting logic in a moment)...
Rigs May Be Down, But There's Interest In SLB's Water Salinity Interpretation
The buzz surrounds the recent work by Miles et. al, ‘Formation Chlorine Measurement from Spectroscopy Enables Water Salinity Interpretation…’ among the best recent developments in unconventional petrophysics. Think of all those times you were drilling a new area. Or maybe it was a mature area, but you were unsure about the influence of legacy waterfloods or frac water. What Petrophysicist wouldn’t jump at the chance to kill those nagging Rw uncertainties?
Study: Permian’s economics will help weather downturn
There is no question operators active in the Permian Basin are facing a difficult economic environment. But a recent report by Mercer Capital finds the nation’s most prolific basin should fare better than other producing regions because of its economics.
EIA Raises Oil Price Forecasts Again
The U.S. Energy Information Administration (EIA) has raised its Brent and West Texas Intermediate (WTI) oil price forecasts again, the organization’s July Short Term Energy Outlook (STEO) report has revealed.
Kamstrup Introduces Next-Generation Smart Meter Solution With Integrated Acoustic Leak Detection
Danish company Kamstrup, a world-leading supplier of energy and water metering solutions with headquarters in Denmark as well as local operations and a production facility in Roswell, Georgia, has launched its newest solution to the North American market: an acoustic leak detection solution consisting of the flowIQ® 2200 ultrasonic residential water meter, Leak Detector software and supporting services.
‘We’re fighting for our lives down here’
JAL — To get an idea of how important water is out here, you only need glance at the ground. Alongside the dusty ranch roads carving up the desert plain outside this small town, networks of thick, black pipelines crisscross every which way and extend for miles — seemingly in all directions....
Injected Water In The Permian [Chart Of The Day]
The Permian Basin has undergone a 5x increase in non-EOR injected volumes over the past ten years, including a 25x increase in the Delaware Basin.
Midstream energy companies hurting amid economic slowdown
Many midstream operators laid off substantial numbers of employees this year who no longer had anything to do, and had to significantly cut prices for their services, just to continue to be called upon to meet the needs of what customers remain.
California Regulators Approve 12 New Permits for Chevron to Frack in Kern County
An industry opposition representative said: “To make matters worse, multiple studies have shown that poor air quality increases a communities vulnerability to the coronavirus. Fracking and wastewater disposal can also cause water contamination."
Reporter’s Notebook: When industry moves next door to people
A string of earthquakes near the North Texas town of Azle, created near panic in 2013. Scientists blamed saltwater disposal wells, which are used to inject oil field wastewater deep underground. The Railroad Commission, the state agency that regulates the oil and gas industry, stepped in and held a January 2014 town hall meeting that filled the Azle High School auditorium.
The Lost Quarter, Pressure Pumping M&A, & Another Distressed Firm On Our Watchlist Caves…
Three quick datapoints worth flagging this morning that didn’t give us quite enough content for full-bore research updates but are notable none-the-less...
Colorado Well Contaminated Soil Removal Completed After Water Tank Leak
Contaminated soil discovered at the site of a still-producing oil well northwest of Longmont’s Union Reservoir has been removed after the well’s owner, TOP Operating, found and reported the contamination after discovering in May that a water tank there had been leaking, city officials said last week.
Bakken PW Spill
Newfield Production Company informed the North Dakota Department of Environmental Quality of the spill Wednesday, July 8. The company, which was acquired last year by Denver-based Ovintiv, has reported at least two other spills since December.
Another Bakken PW Spill
Denver-based Zavanna, LLC reported the spill about seven miles north of Alexander occurred due to an overflow at the disposal well.
Green Group Challenges EPA Water Permit Limitations
A Pennsylvania environmental group has sued the EPA...
Looking to stay connected in the rapidly evolving oilfield water management business? Look no further than the Oilfield Water Connection’s Weekly News Digest.
Subscribe to get our carefully curated summary of relevant water news and analysis delivered to your inbox each Wednesday morning
Share Your News
Send us your press releases and any other news articles which you believe would be of interest to our readers. Email submissions to email@example.com
Do you provide oilfield water technology, or service? Advertise in the Oilfield Water Weekly.LEARN MORE