Water you doing this August 8th and 9th? If you care about the northeast market, you need to be with us and ~150 produced water business professionals at the Pittsburgh Westin for our 2nd Annual Marcellus Shale Water Business Update.
Here’s a link to the event page. We just posted the agenda online. Big name speakers are taking the stage! We have great early sponsors. Early registration is strong. There is a baseball game outing the evening before to the Pirates game (thank you Keystone for being our VIP suite sponsor!). It’s going to be great… hope to see you there…
Here is this week’s industry news & analysis…
News Digest
WATER TALENT POOL: Chris Cooper (former OWL CEO) Is Named Director At Petro Victory Energy
Petro Victory Energy (TSXV: VRY) is pleased to announce the appointment of Thomas Christian Cooper as a new member of its Board of Directors. Mr. Cooper is the Founder and Managing Partner of Owl Investments, where he has successfully overseen projects and identified valuable opportunities in the energy sector. He currently serves as Managing Principal of Nest Sustainable Waste, LLC, a platform dedicated to investing in energy and environmental infrastructure, primarily focusing on the responsible handling of conventional and clean energy waste streams.
Agenda Posted For August 9th Marcellus Shale Water Business Update
Cutting edge topics. Top tier speakers. If you care about Appalachian Produced Water trends, don't miss it!
Insurers face new minefield in climate activists’ war on oil and gas industry
Top insurers have become lightning rods in the ballooning climate change battleground as these companies are being pressured to stop underwriting policies for the oil and gas industry.
Of Interest In Broader Water: $1 Trillion. That's The Addressable Market For Water & Wastewater Utilities
The U.S. water and wastewater landscape is heavily fragmented across 48,587 community water systems serving 313 million people and 23,481 wastewater treatment facilities serving an estimated 267 million people. Small systems serving fewer than 3,300 people make up 78% of these assets, many of which are undercapitalized and incapable of keeping pace with the rising costs of compliance.
What The Heck Is A P-18? [B3 Insight Blog Post]
Unlike many other states, Texas does not require monthly water production to be reported. Because produced water volume is not reported in Texas, the volume reported on the P-18 forms is very valuable.
Equitrans Midstream Positioned for Success in Evolving Energy Industry
In a research note issued on Friday, JPMorgan Chase & Co. raised its price target for Equitrans Midstream (NYSE:ETRN) from $9.50 to $11.00, indicating a potential upside of 16.77% from the stock’s current price. This promising forecast follows the company’s impressive quarterly earnings results in May, where it reported $0.22 earnings per share for the quarter – beating consensus estimates by $0.08.
A Bit About SRBC's Appalachian Water Monitoring Efforts
Susquehanna River Basin Commission monitors water quality at 26 stations throughout NY, PA & MD as part of a coordinated effort with Chesapeake Bay Program to help clean up the Bay!
Digital Transformation In Big Water [White Paper PDF Download]
The label “digital” gets applied to a host of technologies and services deployed across clean water and wastewater operations – for example, using software to automate critical operational workflows within and outside of plants, using remote monitoring and control solutions to improve connectivity for workers and customers, and using software platforms to integrate utilities’ diverse IT infrastructure. But there is no prescribed digital water journey. This 35-page whitepaper produced by Xylem and Bluefield explores digital transformation in water with key stakeholders.
Permian Basin Heat Wave Hits This Week
W TX weather always has some water implications and it's about to get hot with a heat advisory in effect this week... stay hydrated if you are out there in the field folks!
West Texas rural community has lacked running water for decades
West Texas residents near El Paso have lived in the area without running water for decades.
Nikki Haley In The Permian: Biden treats oil companies with 'heavy fist'
Former South Carolina Gov. Nikki Haley visited an H&P rig in Martin County on Thursday, June 8, 2023. Haley is running for president.
Oil business is strong and steady in West Texas Permian Basin [NPR AUDIO REPORT]
In the Permian Basin, America's busiest oil-producing region, business is good. It's not quite booming, though — and that's on purpose. Producers are aiming for steady growth.
Brine Water Question
Austin Carnes writes: "Can anyone help me economically add weight to my brine water? I currently scale at ~9.0 lb/gal and would like to get to 10.0 lb/gal. I have equipment to mix in salt or other products but don't know what those 'other products' could be."
Nanobubbles, NGLs Show Promise in Oil Recovery
Nano Gas Environmental co-Founders Len Bland, CEO, and Jeff Hardin, chief scientist, were looking for something revolutionary when they found nanobubble technology. The process could multiply the amount of gas a liquid could hold. Bland nicknamed it “fluffy water.” They considered it to be world-changing.
Produced water, crude oil spill occurs Friday
The tanks are located about 10 miles southeast of Stanley on a well pad operated by Stephens Williston LLC, doing business as Seg Williston LLC. The incident occurred on Friday and was reported the same day.
Oil Moves Lower After EIA Confirms Large Crude Build
Crude oil prices inched lower today after the Energy Information Administration reported an estimated inventory build of 7.9 million barrels for the week to June 9.
Natural Gas Futures, Spot Prices Rally Second Day as Production Slows, Heat Mounts
Natural gas futures advanced for the second time early this week, supported by a hit to production and advancing heat in the South that galvanized increased cooling demand.
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