
Here is this week’s industry news & analysis…
News Digest
Chevron Settles Texas 'Zombie' Well Case, Sidestepping Trial That Threatened Industry
The legal fight that gave name to "zombie wells" in Texas is winding to a close as Chevron finalizes a settlement out of court with the owner of Antina Ranch. Chevron said that the case was resolved subject to a mutually agreed confidential settlement. Even without the trial, some say Ashley Watt had a lasting impact on the problem...
The Terminology That Shapes Liability: Abandoned vs. Orphaned vs. Zombie Wells
When a supposedly abandoned well starts showing integrity problems, the immediate questions are: whose responsibility is this, which agency has jurisdiction, and does the original operator still have any liability? The answers depend entirely on state regulatory frameworks, which vary dramatically.
SRBC Approved 76 Shale Gas Well Pad Water Use Permits in Sep/Oct
The highly functional and responsible Susquehanna River Basin Commission (SRBC) continues to support the shale energy industry by approving water withdrawals and consumptive use requests for responsible and safe shale drilling.
Infinity Natural Resources Announces Transformational Acquisition in the Ohio Utica Shale for $1.2 Billion
Addition of Antero’s Ohio assets solidifies Infinity’s leading position in Utica Shale...
Antero Midstream Announces Strategic $1.1 Billion Acquisition of Marcellus Shale Assets
Antero Midstream acquires HG II Energy Midstream Holdings for $1.1 billion in cash...
Exxon Plans To Double Permian Output
Pioneer's water platform got a shout out during the company's analyst day yesterday, where upper management outlined growth and cost reduction plans for their Permian operations...
A tool to aid reuse and recycling of produced water is now operating
A Texas-based private company, PDS Energy Information (PDS; Austin, Tex.; www.pdsenergy.com), recently announced that it is commercially operating AquaTrade — a tool developed by a National Energy Technology Laboratory (NETL; Morgantown, W.Va.; www.netl.doe.gov)-led team that helps oil-and-gas operators find and use produced water from other operators, reducing the need to use freshwater and costs associated with disposal of used water.
Decision-Support System Optimizes Produced-Water Management
This paper describes a decision-support system that integrates field data, system specifications, and simulation tools to quantify system performance, forecast operational challenges, and evaluate the effect of system modifications in water management.
Midland Reporter-Telegram 1.4K Followers Intelligent Core debuts AI platform for Permian Basin produced water
The new platform will forecast volumes, pressures and network constraints, then proposes specific changes, such as where to send which barrels, when to throttle or reroute, when to favor reuse over disposal, and can execute them through existing control systems with humans in the loop.
NM Water Debate Continues: "Produced water a liability, not an opportunity"
Don’t be fooled. Produced water is degraded water. It is a liability.
NM Water Debate Continues: "Science supports safe reuse of treated produced water"
New Mexico now has a promising path for addressing its water resource challenges through the treatment and beneficial reuse of produced water, which is generated from oil and gas operations.
Oil steadies ahead of Ukraine peace talks and Fed interest rate decision
Lower interest rates could lift oil demand by boosting economic growth, but gains were capped by concern that supply could outpace demand. While the oil market is moving deeper into an expected glut, Russian supply remains a risk, ING analysts said in a note.
US oil production rose to record high in September, EIA data shows
Oil production in the U.S. has continued to hit record highs this year despite a weak price environment, further weighing on global prices.
WATER TALENT POOL: Deep Blue Opening
The water midstream firm is seeking a midstream regulatory analyst...
The next frontier in energy efficiency: Why produced water is becoming a strategic asset
There has been a fundamental reframing of water across the energy ecosystem.
Natural Gas Prices Cool As Warm Weather Forecasts Take Hold
Natural gas took a hit as forecasts predict milder weather will curb demand, but prices still top last year’s levels after an early winter chill.
Tangential Industry: Turning mine waste into clean water: Research shows promise for acid mine drainage recycling
Scientists from Heriot-Watt and the University of South Africa have developed a method to convert hazardous acid mine drainage into a valuable resource for drinking water treatment, offering hope for communities living near polluted mining areas.
Tangential Industry: Rate hike, bankruptcy, or sale: Pa. judge to decide what’s next for troubled rural water company
Rock Spring’s customers have dealt with shaky service for more than a decade as neglect led to crumbling infrastructure, low water pressure, regular outages, and sometimes lengthy boil water advisories.
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