Here is this week’s industry news…
News Digest
Martin Water Midstream, LLC Acquires Corsican Midstream Permian Basin, LLC
Press release states: "The acquisition of Corsican, which granted us immediate access to operate water midstream assets and operations across the Strain Ranch fundamentally expands the suite of infrastructure and recycling solutions we can offer our contract customers to address and answer upstream oil and gas companies’ produced water constraints."
ConocoPhillips to Weigh $1 Billion Permian Assets Sale
Exploration firm working with adviser on auction for assets...
THE ALCHEMY OF WATER: MINING MATERIALS FROM PRODUCED WATER
Lithium concentrations in produced water typically need to be over at least 100 mg/L to make recovery feasible....
Digging In Deeper To Lithium Extraction
Ben Samuels writes: "I wanted to dive a little deeper into the recent post by B3 Insight / Kylie Wright re: lithium extraction and commercialization opportunities from produced water...
Sourcenergy sees jump in drill pad development
A leading indicator of drilling activity is forecasting a continued rise in activity.
NM SRA Update
A 3.2M seismic event occurred on April 20th in the NM County Line SRA triggering a 25% disposal volume reduction for the 10 active SWDs in the affected area. This will result in a loss of approximately 16,700 barrels per day of disposal capacity in NM along the state border.
Oilfield Water Chipping In For A Good Cause - Slava Ukraini - Hat Tip CORE Linepipe For A Noble Fundraiser!
Our hats are off to CORE Linepipe as they hosted a Ukrainian lunch and fundraiser for all employees out of their Crossfield facility....
ChampionX Reports First Quarter 2022 Results
Cautionary note for water folks: the company expects both volume improvements and "price increase realization" to offset raw material cost inflation...
Enservco Corporation Appoints Mark K. Patterson Chief Financial Officer
Enservco, a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced that Mark K. Patterson has been appointed Chief Financial Officer.
What is New Mexico doing about Mosaic Potash's water pollution in Carlsbad?
A review of Mosaic's environmental permit includes an investigation into water contamination detected in nearby groundwater monitoring wells along the Pecos River near Carlsbad from the company's potash mining operations.
New Permian Well Permit Demand Is Cooling Off In April
In March 2022, new permit filings for Permian horizontal wells hit highs not seen since early-2019. But now in April, things have cooled off.
Revenue jumps, losses shrink for Denver fracking giant as US oil rebounds
Liberty is changing its name to reflect 2021 acquisitions. The company doesn't fear rebranding: anyone reading remember their initial ticker: BDFC - best damn fracing company?
Oilfield Legacy Litigation
Historically, oil and gas companies operating in Louisiana from the early 1900s through the 1980s had very poor waste management practices. These practices in combination with little to no oversight left a “legacy” of pollution in Louisiana. The resulting litigation has been coined “legacy litigation.”
California Regulators Banned Fracking Wastewater for Irrigation, but Allow Wastewater From Oil Drilling. Scientists Say There’s Little Difference
An analysis by Inside Climate News found many of the same chemicals in “produced” water from fracking and conventional drilling. “It doesn’t matter from a chemical perspective,” one scientist said.
WSJ: Florida, Utah Take on ESG Farce
A cautionary tale for those going all-in on ESG. If you thought Disney made the ‘corporate social responsibility’ crowd look bad, how about Russia?
Western Midstream Announces First-Quarter 2022 Distribution Increase and Earnings Conference Call
WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, NGLs, and crude oil; and gathering and disposing of produced water for its customers. In addition, in its capacity as a processor of natural gas, WES also buys and sells natural gas, NGLs, and condensate on behalf of itself and as an agent for its customers under certain of its contracts.
Blizzard prompts drop in North Dakota's oil production
North Dakota officials estimated that last week’s blizzard caused the state’s daily oil output to drop by 25%.
Groundwater Atlas of Wyoming updated
The Wyoming State Geological Survey (WSGS) updated its online Groundwater Atlas of Wyoming that now includes datasets involving oil and gas field water production and injection.
OVERSEAS: CleanTech Lithium MOU Signed with KMX Technologies
KMX´s technology complements CleanTech Lithium´s plan to utilise the direct lithium extraction process, further maximising water recovery...
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