Oilfield Water Weekly

Wednesday December 9, 2020

Fairly light news week in oilfield water midstream, but some very interesting ancillary stuff, especially the early survey results from our sister company Infill Thinking and water contract trading. Business newsflow in the sector seems to be quieting down a bit into the holiday season…

And now, the news…


News Digest

Water Begins Trading on Wall Street in the Futures Market for Fear of Shortages

According to CME Group, the company in charge of launching the contracts, this will allow better management of the risk associated with insufficient vital liquid and regulate its supply and demand in the markets.

What Are Oilfield Insiders Watching For Upcycle Signals? [Exclusive Voice Of The Industry Update]

These responses are the direct, unedited quotes of a well balanced mix of E&Ps, vendors and investors in the North American oilfield.

No injuries in Martin County after saltwater disposal explosion

As of 5 p.m. on November 30, an Endeavor SWD fire was under control, though viewers as far as Midland were able to see smoke prior to that....

New Mexico Environment Department presents budget for next fiscal year

The New Mexico Environment Department (NMED) resented to the Legislative Finance Committee its proposed fiscal year 2022 budget request of $89.2 million.

8 New Names In Permian Water Disposal

2020 has been a most interesting and challenging year. These eight new operators are making the most of it with big moves in water disposal in the Permian Basin...

Study Explores Risk-Based Approaches to Produced Water

Opinion: all produced water regulation and management should be done based upon a risk-based approach.

Interesting Comment Chain As Duane Peter Germenis Solicits Produced Water Study Topics

Duane was recently selected to Chair the Texas Water and Energy Institute at the University of Texas Permian Basin, and asks his network: "if you had one choice to do a Research Project on with regards to Produced Water Treatment, what would you pick?"

WATER TALENT POOL: Waste Management Hiring Water Talent In Eagle Ford

Waste Management Energy Services is hiring a People Leader for Eagle Ford Operations...

WATER TALENT POOL: Michael Teague

Michael Teague has joined ONEOK as VP of Government Relations...

WATER TALENT POOL: B3 Hiring Market Analyst

B3 is hiring...

US Land Drilling Rig Contractor Market Share Trends In The Crash Are Reversing Now

Interestingly, market share changes in the land drilling market on the way down to the bottom are almost the exact opposite of the changes we’ve seen in the recovery so far.

EPA guidance may exempt some water polluters from Supreme Court permit mandate

The Environmental Protection Agency (EPA) on Tuesday released a draft guidance that interprets a Supreme Court decision in a way that may exempt some facilities from needing permits to pollute groundwater.

Parish, village file suit against oil companies; allege groundwater threat

A press conference yesterday afternoon announced a lawsuit filed by St. Landry Parish and the Village of Cankton, alleging that oilfield waste has contaminated the village water supply and threatens the Chicot Aquifer.

FWS seeks comment on application to benefit dunes sagebrush lizard

Comments are now being taken on an Enhancement of Survival Permit Application and draft Environmental Assessment for the dunes sagebrush lizard, found in the shinnery oak dunes of the Permian Basin.

Sen. Cruz Issues Statement in Response To a Fish and Wildlife Service Notice Allowing Permian Basin Oil and Gas Companies to Operate on Land Inhabited By the Dunes Sagebrush Lizard

"I issued the following statement in response to the Fish and Wildlife Service (FWS) publishing a Notice of Availability for an Enhancement of Survival Permit Application and drafting an Environmental Assessment for the dunes sagebrush lizard (DSL), a species found only in the Permian Basin of West Texas and southeastern New Mexico."

The 2021 Public E&P Spending Outlook, Updated To Incorporate Chevron’s Budget Release [Chart Of The Day]

With Chevron announcing their official 2021 spending program on Thursday, we are revisiting our 2021 budget analysis which was published last month...

New Mexico research group adds ExxonMobil as sponsor

A research group focused on the potential for reusing wastewater produced during oil and gas operations is getting some support from ExxonMobil.

ONE FUTURE WELCOMES CRESTWOOD EQUITY PARTNERS

Our Nation's Energy Future (ONE Future) announced today that Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) has joined the coalition; bringing the total number of member companies to 32. Crestwood is a publicly traded master limited partnership that owns and operates midstream assets located primarily in the Bakken Shale, Delaware Basin, Powder River Basin, Marcellus Shale and Barnett Shale.

Infill Thinking’s 2021 Outlook Survey. The Recovery Begins With Uncertainty In Spades…

The online survey will only be open for about a week, so please weigh in as soon as possible. Results will be charted and posted for members-only in mid- to late-December.

Pioneer Natural Eyeing 10-Year Goal to Sharply Cut Methane, GHG Emissions in Permian

In the report, Pioneer also said it was nearing completion of a water infrastructure project in Midland, TX, which is in the heart of the Permian. Four years ago Pioneer and officials in Midland agreed to a groundbreaking private-public partnership. The deal is set to provide Midland citizens with a steady source of freshwater and give Pioneer a ready supply of reclaimed water for its extensive oil and gas operations within the Midland sub-basin of West Texas.

New TX GLO Energy Map

The Texas General Land Office just released its newly updated "Texas Energy Map." The map illustrates the Lone Star State's "all of the above" sources of energy.

Caliche Development Partners Closes $150 Million Capital Partnership with Orion Energy Partners

Caliche Development Partners has announced the closing of a multi-draw, senior secured debt facility with Orion Energy Partners to support the continued build-out of its subsurface salt cavern storage complex in Beaumont, Texas, and the commissioning of a new 3.0 million barrel cavern for the storage of industrial gases under a long-term agreement.

Summit Midstream Partners, LP Regains Compliance with NYSE Minimum Price Continued Listing Standard

Summit Midstream Partners, LP (NYSE: SMLP) announced today that it has received written notification from the New York Stock Exchange (the "NYSE") that it has regained compliance with the NYSE's continued listing standard.

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