Only 7 days left until the 3rd Annual Oilfield Water Markets Conference!
If you are registered, you’ll receive an email later today with the conference app (has the attendee list) and more event details. There is still time to register if you haven’t yet.
Here are 10 quick reasons to join us next week at the Fort Worth Convention Center for water midstream’s biggest business-focused event of the year.
- >300 executive-level attendees
- 30+ exhibits; 60+ sponsors
- 12+ hours networking in 2 days including TopGolf
- 2 third-party co-located events
- 9 E&P-hosted roundtables
- >30 CEOs coming
- 50+ E&P reps expected
- 0 virtual component (gotta be there!)
- 45 speakers; 9 panels
- Â _?_ new deals and connections you will make!
Details & Registration: https://oilfieldwater.com/owmarkets3/
Here is this week’s industry news & analysis…
News Digest
P-18s Changing For First Time Since 1986!! TX RRC Now Accepting Comments on Revisions to Form P-18 - Skim Oil/Condensate Report - IMPLICATIONS FOR PW FOLKS!
Looks like it is mostly the same form with two additional pages added about out of state water. Public comments will be accepted through May 31, 2023. To view the proposed revisions and submit a comment follow the link below. You can also talk to the TX RRC in person about this next week as they are sending five of their staff to our conference and will have an exhibit booth there!
B3 Insight Releases Louisiana Oilfield Water Management Dataset
B3 Insight’s new oilfield water management dataset for Louisiana complements the company’s existing datasets for other states, including Texas and New Mexico.
Ray Jay Water Quarterly PDF - 26 page pdf download free online
View the latest data on public market performance and valuation analysis in the water sector in this edition of the Raymond James Water Quarterly Newsletter.
Permian-Focused Swordfish Energy Closes Private Equity Commitment With Pearl Energy Investments
Swordfish Energy Holdings, LLC closed an equity commitment from Dallas-based investment firm, Pearl Energy Investments. Based in Houston, Swordfish is an E&P company focused on acquiring and developing oil and gas assets in the Permian Basin.
Mustang Extreme Water Treatment Team Finishes Dual 500,000 bbl Produced Water Ponds in the Permian Basin
As soon as the liner crew and QAQC team completed their work, the water treatment team went to work installing a subsurface aeration system and the M.E.G.A Remote Monitoring System, which will provide 24/7 real-time data on the quality and volume of the water stored in the ponds.
Coterra Shifting Focus and $$ from Marcellus Gas to Permian Oil
Coterra is dropping two rigs and cutting back to one frac crew in the Marcellus (a plan that was announced earlier this year). We also learned that Coterra will milk the Marcellus cash cow and use that money to finance more work in the oily Permian (Texas) play.
CELDF, CROW Trying to Bestow Ohio River Watershed with Human Rights
The Pennsylvania-based Community Environmental Legal Defense Fund (CELDF), along with Citizens for Rights of the Ohio River Watershed (CROW), are trying to gather enough signatures from Cincinnati residents to put a measure on a city ballot that would create a so-called Bill of Rights (i.e. bestow human rights) for the Ohio River and its watershed.
WATER TALENT POOL: Eric Andersen to B3 Insight
B3 Insights announces that Eric Andersen has joined the team as new Vice President of Sales and Marketing!
Community Voices: Thank oil and gas workers
Everyone needs to understand that energy policy is something we have to get right. It must be based on facts.
Midland leaders react to critical Bloomberg article...
Midlanders’ reaction to a Bloomberg article that called out the community’s alleged inability to re-invest in itself ranged from a needed reality check to not a full reflection of the status quo.
...The Bloomberg Article In Question
Midland’s inability — or refusal — to fund basic infrastructure upgrades is dinging worker retention rates, imperiling Texas’ ability to deliver the energy needed to fuel the global economy.
Buzz for next week builds! Visit With Connor Monk!
If you are attending the 2023 Oilfield Water Connection conference next week May 16-18th in Fort Worth, we need to visit, Connor writes...
Searching For Pumps
Joel Bailey is currently in search of 325hp pumps and would like to inquire about their availability and pricing....
Consortium surveys New Mexico residents on use of treated produced water
A survey conducted for the New Mexico Produced Water Research Consortium at the state fair last year revealed that a majority of qualified respondents approved of the use of recycled produced water.
Seneca Well Site Accident in Elk County Spills 63K Gals. of Brine
Unfortunately, Seneca Resources recently experienced a sizable spill of produced water when pumping it to a well the company was fracking on State Game Lands in Jones Township, Elk County.
Seneca Resources Buys Southwestern Assets in Tioga County, PA
The big news from the update is that Seneca Resources has agreed to acquire upstream assets in northwestern Pennsylvania from Southwestern Energy for $127 million.
Lightning & SWDs Don't Mix
"We are in the middle of storm season so I'm hearing several of my clients have lost SWD's due to lightning strikes lately."
Infinity Water Solutions and QRI Announce Strategic Partnership for SpeedWise® Water
Infinity and Quantum Reservoir Impact announced a strategic partnership to support the development, deployment and advancement of a water intelligence platform called SpeedWise® Water – an AI and machine-learning software designed to standardize, categorize and appraise water, most notably the produced and treated produced water coming from the energy sector.
Cavitation Technologies Announces the Development of Cavitation Based Cold Plasma Technology
Cold plasma is an emerging technology in water treatment that has the potential to be more effective and efficient than traditional treatment methods.
Antis Use Wild Claims to Oppose PennEnergy Creek Water Request
The Pennsylvania Dept. of Environmental Protection (DEP) continues its delay, deny, and defend strategy with a PennEnergy Resources to draw water from Big Sewickley Creek for use in fracking operations.
Chevron VP: Oil prices appear ‘range-bound’
Current markets are signaling the need for more energy supply, stated Ryder Booth, vice president, Chevron’s Mid-Continent Business Unit.
Produced Water or Produced Ice?
A quick look at an oilfield and produced water project in the West Siberian Artic!
Ribbon Cutting for Produced Water Solutions in Broussard, LA Tomorrow
Join the Broussard Chamber of Commerce for the Ribbon Cutting of Produced Water Solutions on May 11th! There will be Boiled Crawfish & Jambalaya served from 11am-2pm!
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