On their earnings call last friday, management said: "That's what I think really separates Pioneer, is the water infrastructure that has really the ability to move water around so we can actually add, be it two simulfrac fleets consistently and get to that third simulfrac fleet." Later in the call they said they'd be adding a 3rd simulfrac crew early next year...

The sale to Coastal Chemical Co. allows Gravity to increase focus on core, high-growth, higher-margin water logistics and power generation business lines. Financial terms not disclosed...

Aris Water Solutions, Inc. (NYSE: ARIS) (“Aris,” “Aris Water,” or the “Company”) announced today that it has acquired certain intellectual property rights and related proprietary treatment technologies and assets from Water Standard Management (US), Inc. (“Water Standard”) that support and accelerate the advanced treatment and beneficial reuse of produced water in the Permian Basin.

Several new sponsors have registered for our May 2023 event over the past week and we'd like to take a minute to welcome CORE Linepipe, ISCO, and Gajeske. Check out all 10 early sponsors here -  the event is still 6 months out, but already 1/3rd of the Gold and Silver exhibit space has been reserved. Our special add-on opportunities are going fast too. Discussions with multiple additional sponsors are underway. We know that many of you plan to include our flagship event of 2023 in your marketing plan next year. So we highly encourage you to secure your spot before year-end as space is limited and first come first serve. At the rate sponsorships have been going this far out, they will be gone well in advance. Deferring payment to 2023 is an option, and you can make sure your organization is represented by replying to this email or simply register online...

Quick event details for your calendar:
- May 17-18, 2023
- Fort Worth Convention Center
- 400+ Attendees Expected
- 2-days
- Top Golf Outing Optional

"Our legacy of strong environmental leadership is also based on our commitment to minimizing the impact our operations have on local water resources. In 2014, we set a goal of being fresh water neutral, returning more fresh water back to the environment than we consume. In 2021, we achieved our sixth year of fresh water neutral operations, having delivered nearly 16 billion gallons of fresh water to local communities — which was more than we consumed over those six years."

Water & Flowback Services revenue of $76 million improved $29 million or 62% year-on-year, and $9.9 million or 15% quarter-on-quarter. Adjusted EBITDA of $13.2 million improved by $8 million or 158% year-on-year, and $3.2 million or 33% quarter-on-quarter. This marks the highest Adjusted EBITDA since the fourth quarter of 2018. Water & Flowback Services Adjusted EBITDA margins of 17.4% were up 230 basis.

The expanded facility will further increase support for the growing volumes of natural gas from operators drilling horizontal oil wells targeting the San Andres formation of Yoakum County, Texas and Lea County, New Mexico (the “Horizontal San Andres”)

Fresh water delivery volumes averaged 103 MBbl/d during the quarter, a 13% increase compared to the third quarter of 2021.

Throughput volumes increased 24% for gas processing, 20% for gas gathering, and 12% for water gathering compared with the prior-year quarter primarily due to increased Hess drilling activity, higher gas capture and higher gas processing volumes in the third quarter of 2022 following the planned turnaround at the Tioga Gas Plant in the third quarter of 2021.