Next week is the 4th Annual Oilfield Water Markets Conference at the Irving Convention Center (May 8-9). This is the produced water sector’s biggest business-focused event of the year. The quality of participants is off the charts this time! Visibility will be extremely valuable for the companies and people with the good sense to be involved.
Look no further than the speaker and sponsor lists to see the high quality. If you need more convincing, here are some of the E&P firms sending senior onshore water team members to this in-person only conference: Chevron, Exxon, Pioneer, Continental, Civitas, Diamondback/Deep Blue, Endeavor Energy Resources, Chesapeake, Marathon, Surge Energy America, BP, Apache, Diversified, BKV, and more!Â
If you haven’t registered yet, you need to be a part of this. It’s getting down to the wire, but there is still time to take your place with the hundreds of produced water leaders coming (join here). Thank you in advance to the speakers and sponsors for their thought leadership and for making next week possible. We look forward to a fruitful time for everyone participating – see you there!
Here is this week’s industry news & analysis…
News Digest
5 Quakes >2.6 Mag (Up To 3.9) Hit State Line In One Day
See details on the seismic events - including time, size, and location - here. Then plan to join us next week to meet the water midstream CEOs, E&P leaders, and regulators tackling this challenge and see how pressure trends are impacting business, regulation, markets, and value.
Earthquakes continue to shake up Permian Basin
Discussing the swarm of earthquakes of 2.5 magnitude or greater last week around Loving and Winkler counties, Justin Rubinstein with the US Geological Survey told the Reporter-Telegram it’s hard to say the cause of the specific earthquakes.
WSJ: In America’s Biggest Oil Field, the Ground Is Swelling and Buckling
Satellite data reveal the impact of oil and gas drilling on the Permian Basin’s landscape; earthquakes, pressure increases have local communities worried. With shrinking options to discard wastewater, crude producers have to get creative. Some are looking for lower-risk formations to inject water into and ways to treat water so it can be reused for agriculture. Whether these efforts will pass regulatory muster or how much they will cost remains unclear.
A Virus Could Help Save Billions of Gallons of Wastewater Produced by Fracking
In a new study published in the journal Water, researchers at The University of Texas at El Paso have identified a novel means of treating the wastewater generated by oil and gas production: bacteriophages.
WATER TALENT POOL: XRI hires a Chief Growth Officer
Patrick Troy was previously at Xylem and Evoqua.
BUZZ FOR NEXT WEEK: Mingle With Lower 48 E&P Water Category Managers
Just a few of the E&P reps you'll be able to see in person if you join us in Irving next week include senior water team members from: Chevron, Exxon, Pioneer, Continental, Civitas, Diamondback/Deep Blue, Endeavor Energy Resources, Chesapeake, Marathon, BP, Surge Energy America, Apache, Diversified, BKV, and more! Don't miss this chance to engage with the folks producing water alongside oil in Lower 48 tight oil and shale gas plays.
BUZZ FOR NEXT WEEK: Listen To Brian Bohm, He Knows Water He's Talking About!
Brian says: "For those able to attend, there is a great event on oil and gas produced water next week in Irving, Texas."
BUZZ FOR NEXT WEEK: DLE In Focus
Mineral Extraction, especially of lithium, is of high interest in shale water management as E&Ps evaluate monetization of brine production. The opportunity will be discussed by multiple speakers at the fast approaching Oilfield Water Markets Conference including during our innovative E&P hosted roundtable session and a case study presented by our friends at Lilac Solutions.
BUZZ FOR NEXT WEEK: B3 Insights Invites You To Join Them There!
B3 writes: "If you haven't already, register for your spot at the Oilfield Water Markets Conference May 8th and 9th in Irving, TX. B3 Insight CEO, Kelly Bennett, will be on stage."
BUZZ FOR NEXT WEEK: Webinar Convo Sets Up Discussion Next Week!
Great to hear Dan Pickering, Kelly Bennett, and Matthias Bloennigen exploring produced water topics on their webinar collaboration last week. This conversation will continue with the analysts, E&P leaders, and water midstream CEOs at the Oilfield Water Markets Conference in Irving - please plan to join us!
BUZZ FOR NEXT WEEK: Meet With The Pickering Energy Partners Team Next Week!
Come out and talk water with the PEP folks!
One of the few industries with the potential to have a true water positive impact on the planet is oil and gas.
"Produced water can be treated to brackish or better quality and returned to the hydrologic cycle for the first time in millions of years. While this article touches on some of the research in this space there are still some issues with the reporting," Apache's Brian Bohm writes.
Companies aim to release more treated oilfield wastewater into rivers and streams
Companies are racing to figure out what to do with the tremendous volume of noxious water that comes up from underground during oil and gas drilling in the Permian Basin, but a growing cohort of companies say they’ve developed a means to purify that fluid and release it in the Pecos and other watersheds.
MSC Blasts Biden Rule Undermining Pa. Natural Gas, Working Families
Marcellus Shale Coalition President David Callahan issued a statement following the U.S. EPA’s rule on power plant emissions.
LNG “Isn’t a Partisan Issue” in PA, Lawmakers & Voters Contend
Following the Biden Administration’s dangerous pause on LNG export permits, statewide polling found 58% of Pennsylvania voters opposed the decision, with 41% of voters saying they are less likely to vote for President Biden in November based on this policy.
Austin Master’s frack waste threatens Martins Ferry water sources
A Belmont County court recently ordered an oil and gas waste services company to remove excessive amounts of brine and drilling waste from its facility near the Ohio River. Austin Master Services did not properly dispose of the waste before the 14-day deadline.
A Dirty Water War in the Texas Desert
Hit piece on the industry, talking about how evil all of us are…but you should be aware that this type of thing is out there.
As toxic water flows at Lake Boehmer, regulators fight over who’s responsible for the massive leak
The approximately 60-acre body of water was created by a leak from a former oil well. Now, a local groundwater conservation district is trying to prove the Railroad Commission of Texas has the authority and responsibility to plug it.
OPINION: New rule would offload O&G water into our lands and bodies
The Produced Water Act requires that the Water Quality Control Commission “shall adopt water quality standards for surface and ground waters of the state based on credible scientific data and other evidence appropriate under the Water Quality Act,” but the opinion writer claims the wastewater reuse rule being proposed by New Mexico Environment Department fails to include scientific standards.
Permian Basin leads more than $50 million in oil and gas mergers so far in 2024
This year got off to a strong start for mergers and acquisitions in the fossil fuel sectors, with the Permian Basin leading the nation’s more than $50 billion in industry business deals during the first quarter of 2024.
Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation
With fewer potential customers churning out oil and gas amid fragmented oilfield services and midstream sectors, contractors realize they need to catch up to do more business with the biggest players producing record-high U.S. volumes.
Drinking “Frac Water”
SwiftWater employee wins a festival contest for producing a unique cocktail named “Frac Water”! Mmmmm…delicious!
Feds reject plan to pump Moneta oilfield waste into potential drinking water
At Moneta Divide field in Fremont County (Wyoming), EPA says plan by driller Aethon doesn’t meet standards to exempt Madison underground aquifer from protection.
Volt Lithium Announces US$1.5 Million Strategic Investment to Commence Field Operations in the Delaware Basin in Texas, USA
“We are very pleased to be collaborating with this operator to deploy Volt’s field unit in the Delaware Basin.” commented Volt’s President & CEO, Alex Wylie.
USask Research Utilizes Innovative Techniques To Trace Lithium Deep Underground
Spearheaded by Dr. Chris Holmden (PhD), a professor in Geological Sciences in the College of Arts and Science and the co-director of the Saskatchewan Isotope Laboratory, the Natural Sciences and Engineering Research Council of Canada-supported research project will trace lithium-brine origins using lithium isotopes to advance an innovative project to better predict and track economic concentrations of lithium located deep below Saskatchewan’s surface.
WATER TALENT POOL: Pilot Looking To Hire Facilities Engineer
See job posted here, they posted it 4 weeks ago and have 13 applicants as of this newsletter...
Federal and State PFAS Regulation Continues to Expand
On April 19, 2024, the US Environmental Protection Agency (“EPA”) announced its intent to publish a final rule designating two perfluoroalkyl substances (“PFAS”) as hazardous substances under the Comprehensive Environmental Response, Compensation, and Liability Act (“CERCLA”).
EnviroKlean Announces Patent Pending Status for Zero Solids™ Technology
You can meet EnviroKlean personnel at the 4th Annual Oilfield Water Markets Conference in Irving next week!
B3 Quick Comment On Seismicity
"According to a study led by researchers at The University of Texas at Austin, from 2017 to 2020 in the Delaware Basin, 68% of earthquakes with a magnitude of 1.5 or more are related to oil and gas operations."
Saudi Arabia set on securing lithium for EV ambitions
Saudi Arabia has begun to explore extracting lithium from sea water and from salinated discharges from the kingdom’s oil fields in cooperation with Aramco, but it did not know yet if these initiatives would be successful.
Oman looks for partners to handle O&G produced water
Petroleum Development Oman is looking for investors to help eliminate deep well disposal. Low-energy solutions will be favoured.
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