Oilfield Water Weekly
Wednesday April 7, 2021
There’s only one month left until the biggest produced water business conference of 2021!
Please take a minute to check out the agenda and conference website. We made a big speaker addition to the event this morning – WaterBridge Co-CEO and CFO Steven Jones will present Water Midstream Capital: The Case for a Premium Value in the morning hours of May 12.
This event has really come together tremendously – from B3 Insight’s pre-conference summit to the market-focused agenda and top tier speakers to the stellar sponsor group to the golf outing. You don’t want to miss this! Thank you to everyone who got in on early bird registration, sponsored the event, and accepted our invitations to join the “fireside chat” panels.
There is still time to join your peers if you haven’t registered yet. General admission is open, but the remaining passes are going quickly. And there are less than five exhibiting sponsorship opportunities left to reach the real decision makers of this sector…
Now here is this week’s water news…
Veolia, Suez agree $15 billion utilities merger after bitter spat
-Veolia and Suez announced a merger deal on Monday worth nearly 13 billion euros ($15.44 billion) after months of wrangling between the two French waste and water management companies.
Seismicity In The Permian
Seismicity continues to be an important subject within the oilfield water management community. There are several localized areas that lend itself to higher frequencies of seismic activity such as Pecos, TX., where significant activity still persists... Now with ESG being the buzzword of the day, seismicity is moving to the forefront of conversations within our industry
Ellenburger SWD Permit
Ellenburger SWD permit in Howard County up for discussion. Permit for 30,000/day...
Conference Update: WaterBridge Co-CEO Added To Agenda
On May 12, Steven will present "Water Midstream Capital: The Case for a Premium Value" on the main stage. This is a topic of great interest as deal flow picks up in this critical path oilfield niche.....
Conference Update: B3 Ripple Effects Summit
B3 Insight is hosting a half-day summit on May 11. This event will connect the B3 Community and explore oilfield water trends, challenges, and opportunities before heading into the Oilfield Water Connection's 2021 Conference on May 12 -13.
Conference Update: University Partnership
The University of Wyoming CEPWM program (led by Professor Jonathan Brant, P.E., Ph.D.) is a valued partner in the upcoming Oilfield Water Markets Conference. Students from this cutting edge Produced Water research program will have a great opportunity to learn and network with executives at the event with waived registration fees...
Conference Update: Apache And Tetra Technologies Join As Event Sponsors
This water midstream event is only possible because of the participation of highly respected firms such as these. Attendees will have the benefit of learning from Apache's Tyler Hussey and Tetra's Dean Fanguy, both of whom are speaking on panels the first day of the conference....
XRI’s John Durand Named Chief Sustainability Officer; Joins Energy ESG Council’s Board of Directors
In his expanded role, Durand assumes responsibility for XRI’s environmental, societal and governance (ESG) initiatives and sustainability strategy.
Texas Pacific Land Corporation Announces Chris Steddum to Succeed Robert Packer as Chief Financial Officer
Texas Pacific Land Corporation announced that, effective May 31, 2021, Chief Financial Officer Robert Packer will retire after a distinguished 10-year career with the Company. Chris Steddum, TPL’s current Vice President, Finance and Investor Relations, will succeed Mr. Packer as the Company’s Chief Financial Officer.
Robust reception for Solaris Water’s inaugural bond
Produced water management specialist Solaris Water is understood to have amassed around $2 billion of investor interest for its new $400 million sustainability-linked bond due in 2026, which priced last week with a 7.625% coupon.
U.S. oil production to start rising in second quarter
U.S. crude oil production has stabilised and is set to start rising again, after the massive shock last year caused by the coronavirus epidemic and a volume war in the oil market between Saudi Arabia and Russia.
What Ever Happened To Frac Hits? [Chart Of The Day]
The industry’s sense of urgency around this issue was almost entirely erased during the pandemic....
EPA proposes settlement over produced water releases on North Dakota reservation
EPA proposed a CWA settlement with Texas-based Arrow Midstream Holdings in which the company has agreed to pay $106,500 for alleged Clean Water Act violations associated with two releases of produced water from pipelines into tributaries of Lake Sakakawea near Mandaree, North Dakota on the Fort Berthold Indian Reservation.
Energy Transfer Announces Receipt of Consents to the Acquisition of Enable Midstream from Majority Unitholders
Energy Transfer and Enable Midstream Partners announced that the two largest Enable unitholders have delivered their written consents to approve the merger of Enable into Energy Transfer.
Antero Resources and Antero Midstream Announce New Executive Management Responsibilities
Antero Resources and Antero Midstream announced new responsibilities for certain members of their management teams upon the effectiveness of Glen C. Warren, Jr. retirement as Antero Resources' President, Chief Financial Officer and Director and Antero Midstream's President and Director on April 30, 2021.
Chart Of The Day: New Mexico Produced Water Volumes
Monthly data charted here by NGI
Two New Mexico tribal communities suing EPA over clean water rule
Two New Mexico Native American communities have sued the Environmental Protection Agency (EPA) over a revision to federal rules regarding waterways they argue violated federal responsibilities toward tribes.
From The Other Side Of The Aisle: California Is Greenlighting Oil Wells Linked to Groundwater Pollution
The impact of underground injection wells on aquifers is not well understood, but the state continues to allow their proliferation.
Midstream Open Season: WhiteWater Announces Open Season at its Waha Gas Storage Facility
WhiteWater Midstream, LLC (“WhiteWater”), today announced an open season to solicit commitments for firm natural gas storage services at the Waha Gas Storage (“WGS”) facility in Pecos County, Texas...
More Storage. Smaller Footprint...
Peak Harpoon™ Tanks with a reduced footprint on location and on the environment...
ProPetro partners with Fluid Energy, Solnexus in Permian Basin
Hydraulic fracturing service company says Fluid’s Modified Acid technology non-regulated for U.S. ground transportation
Energy Sector M&A Update
The analysis includes target companies in the Utilities, Energy Equipment and Services, Independent Power and Renewable Electricity Producers, Water and Oil, Gas and Consumable Fuels sectors.
Permian Drilling Permits Spring Upward Pointing To Summer Upside For Rig Count
Permian new well drilling permit demand is surging to new cyclical heights. After a very strong January, February was a little slower (short month plus the freeze). But March roared back with the highest permit count in more than a year.
Permian Producers Plagued by Wastewater from the Oil Industry – Opinion
Midland Texas is facing the heaviest energy boom compared to other parts of the United States. This growth, however, is not free of challenges, as the growth in oil and gas production comes with an increasing amount of wastewater.
There’s Another Way to Pay for Infrastructure Projects
It's no secret that the roads, bridges, water and sewer systems that have shaped how our communities developed over the last century are, in too many cases, operating on borrowed time. Infrastructure is — after all — the collective of services that allows a society to function.