As a regular reader of this newsletter we have a special sneak peek in store for you today. đź‘€
Next Monday, we will press release the agenda announcement for the highly anticipated May 8-9 Oilfield Water Markets Conference (now just 55 days away). But today is “shadow-release” day for our friends and contacts. We have just posted the topic agenda for the conference on the website here. If you want to get an exclusive first look before everyone else, hit the conference page…
Panel speakers will be added to the sessions over the next couple weeks, and topics and moderators are shown now. Some produced water execs we are talking with about the event expect this to be the best conference the industry has ever seen for business leaders in the sector (we think you agree when you see how well it’s coming together)!
If you have already registered to attend or sponsor, thank you for your participation. If you haven’t yet, just a friendly reminder that early-bird registration rates are only available through the end of March and the best sponsorship options are going fast… you don’t want to miss this! Details here>
Here is this week’s industry news & analysis…
News Digest
Sneak Peak Ahead Of Press Release - Topic Agenda Posted For May 7-9 Oilfield Water Markets Conference!
On Monday, we'll press release the news of the agenda release, but as a reader of this publication you can get the first look here!
Select Water Solutions CFO Transition
Select Water Solutions, Inc. has named Chris George Executive Vice President and Chief Financial Officer.
EQT Announces Transformative Acquisition of Equitrans Midstream
The deal provides >2,000 miles of irreplaceable pipeline infrastructure with extensive overlap and connectivity in EQT’s core area of operations.
A Case To Watch: Liberty Energy Sues SEC Over New Climate Disclosures
Liberty is pushing back on abuses of power in the environmental regulatory arena.
An Evening Of Water Business Discussion In Dallas Next Week... [Invite / RSVP]
If so, here's a water business discussion worth attending! OWC staff will be attending to learn from Buzz Thompson and Jason Schumacher as they discuss Buzz's new book, the business of water, and water in energy. Details at this link...
2023 a growth year for companies throughout the Permian Basin
Oil companies in the Permian Basin continued to report financial growth in 2023, aligning with the region’s fossil fuel production growth in the first months of 2024.
LiqTech receives first US-based oil & gas water treatment order
LiqTech International announced a significant order for a containerized pilot system for produced water treatment from Razorback Direct Oilfield Solutions and Services, a Houston based company providing water treatment solutions consultancy for oil & gas water treatment in the U.S.
Hydrogen Facility to be a Chevron First
One of the facility’s key features will be its use of “produced water” which is water produced as a byproduct of other operations. It’s non-potable, meaning it’s not drinking water, but it can be used to produce hydrogen.
Aris Water Solutions: Balancing Free Cash Flow Maximization with Cautious Shareholder Returns
Praneeth Satish discusses Aris Water Solutions’ strategic shift towards free cash flow (FCF) maximization and increased capital return to shareholders, amidst a backdrop of slowing growth.
Midstream Builds in a Bearish Market
Midstream companies are sticking to long term plans for an expanded customer base, despite low gas prices, high storage levels and an uncertain political LNG future.
Temporary Setback for CNX Gas & Water Pipeline Project in SWPA
CNX filed a request with the Pennsylvania DEP in April 2023 to build two pipelines — two for natural gas and an additional pipeline would be built for water. After an 8-month review, they called the application incomplete and gave them 60 days to provide more info.
Texas Pacific Land Corporation Announces Three-for-One Stock Split
Each stockholder of record at the close of business on March 18, 2024, will receive two additional shares of common stock of the Company for each share held as of this record date.
Failed Oil Well Plugs Are Silent Polluters That No One Watches
A little bit of a sensationalized article, but here you go: Some plugs fail because the cement used to seal them has deteriorated, or the metal well casing has corroded. Petroleum geologists say wastewater disposal from the fracking boom—particularly in the oil-rich Permian basin—could also be pressurizing aquifers beneath the old wells, forcing plugs to blow.
Oil prices jump after Ukraine strikes Russian oil refineries
Crude oil futures jumped Wednesday after Ukraine struck oil refineries in Russia, underlining risks to oil production and fuel supplies from the war in Eastern Europe.
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