Ian Killough starting a new position as SVP - Corporate Development & Strategy at Sourcenergy...

B3 is looking for a driven individual who has familiarity with energy/water markets, experience in a startup environment, and hands on experience or classwork with database management.

Despite some recent volatility sparked by China’s COVID lockdowns, oil prices may have found a bottom.

From their recent earnings call: "Our drilling and completion team has replaced over 1 million gallons of diesel fuel with natural gas and has improved water recycling, an average of 20% of total frac volumes utilizing recycled water in the first quarter of 2022, while also reducing industry's footprint by recycling offset operators water as well."

The Mariner East Pipeline has sparked a boom in fracked gas exports from the Philly region.

Grant funds can be used for projects relating to greenways, recreational trails, open space, natural areas, community conservation and beautification, community and heritage parks, and water resource management.

Auction house listing...

Here are the key talking points for inflation and capex operator by operator (budget hikes are bolded).

Many are skeptical that such a tax could backfire and deter investment, and make the energy crisis even worse.

The number of active drilling rigs in the United States increased to 705 this week, up by seven from the previous week and 257 from last year, according to the weekly data released Friday by Houston-based oilfield services company Baker Hughes.

SPE is hosting a TechTalk on the topic.

"In the Delaware Basin, our team continues to reduce their water cost by optimizing the reuse process, which right now is approximately 90% of all their sourced water, and they are really doing this just through increasing the automation of all of our infrastructure and reducing the overall treatment cost per barrel, which we realized about a 9% reduction in each barrel of reused water for 2022...."

During 1Q22 earnings season, E&Ps devoted more air time to things like fuel, sand, OCTG, labor and trucking than they have in a long time. The focus on supply chain hasn’t been this high in a long time.

"We are continuing to expand our technology into new plays. We now cover the Haynesville."

The LNG scenario is a complex and extremely high-dollar one, but natural gas is selling for five times its U.S. price in the key markets of India, China, South Korea, Japan and the European Union.

Intentions and plans to build new saltwater disposal wells (SWDs) were up 23% in April vs March 2022.

The extent to which this method is enhancing surface efficiency on well sites continues to impress and is one reason that the industry might be able to break out of the plateauing trend in completions efficiencies of the past six months...

The massive increase in natural gas prices during last winter’s blackout has set off a wave of litigation in state and federal courts and prompted an investigation by the Federal Energy Regulatory Commission, casting a spotlight on the workings of Texas’s complex, opaque and lightly regulated natural gas market.

U.S. average nationwide gasoline prices hit $4.404 per gallon on Wednesday. This time last year, the national average U.S. gasoline price stood at $2.985 per gallon.

Treatment adds additional crude, gas and water resources.

Nearly a dozen small earthquakes shook isolated parts of West Texas in early May, according to the U.S. Geological Survey (USGS).