
Only 2 weeks until the Oilfield Water Markets Conference at the Irving Convention Center May 5-6.
Shout out to new sponsors who signed up this week: River Basin Rentals (Gold), Future Pipe Industries (Gold), Odessa Pumps DNOW (Silver), and Energy Water Solutions (Bronze).
Gold sponsorships have SOLD OUT and only one Silver opportunity is left. We can only add Bronze sponsors until this Friday morning…
For the unregistered, time is running out – don’t be left out! https://oilfieldwater.com/owmarkets6/
Here is this week’s industry news & analysis…
News Digest
Water is the hottest topic in the Oil & Gas industry!
Kurt Knewitz writes: "There's no better place to be than the 6th Annual Oilfield Water Markets Conference coming up May 5–6 in Irving, TX."
Produced Water IPO Filing
EagleRock Land filed to IPO on 4/16/26. They have a produced water business and you can read their S1 filing here to see how they characterize the market and learn more about their assets. There is interesting market data inside on subsurface, WOR, their platform, their water offtake contracts, and more... This will be a good new water midstream comp in the public markets when they go public!
B3 Insight is headed to the 6th Oilfield Water Markets Conference
This year will be centered on conversations around where water markets are heading next.
TPL Brine Transformation Update
"I had the privilege of meeting with Adrianne Lopez Billings and the team at Texas Pacific Land Corporation (TPL) yesterday to learn more about their work on the beneficial reuse front. Their freeze desalination technology is pretty nifty..."
Interesting New Produced Water Data Made "Open Source" By NGL
You can talk to their team about the data at the conference in Irving next week, where their team is attending. But check this out for now.... in the Google Drive linked below, they have compiled relevant data evaluating raw produced water, treated produced water, the Pecos River, and local drinking water sources.
WATER TALENT POOL: XRI Continues Making Moves
XRI has been active in adding new talent lately. The latest move is a promotion for Alex McDonald to Chief Technology Officer...
Group again attempts rule change for fracking wastewater reuse in New Mexico
Yet another effort is underway to change New Mexico regulations restricting the discharge of treated wastewater from hydraulic fracturing outside the oilfield.
How Diamondback Energy's Permian Edge Powers Its Growth Story
A key growth catalyst has been the acquisition of Double Eagle in 2025, which expanded Diamondback Energy’s position in the Midland Basin and strengthened its inventory depth, allowing for sustained multi-year drilling programs without the need for aggressive land acquisitions.
Coterra “Software Glitch” Releases Up to 700K Gal. of Freshwater
On April 5 (Easter Sunday), Coterra Energy reported that approximately 400,000 to 704,000 gallons of freshwater were released from an impoundment at the Brooks shale gas well pad in Susquehanna County, Pennsylvania.
Marcellus Driller Arsenal Considers Selling Itself for $1.5 Billion
Bloomberg reports that Arsenal Resources, a private natural gas producer focused on the Marcellus Shale, is considering a potential sale of itself valued at approximately $1.5 billion.
EPA Launches Water Reuse Action Plan 2.0 to Advance Agency’s Core Mission and Strengthen US Industry, AI, and Energy Dominance
U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin launched the Water Reuse Action Plan (WRAP) 2.0, to harness the power of water reuse for American industry, the artificial intelligence (AI) future, and American energy dominance while strengthening public health protections and safeguarding the nation's water resources.
Commission narrowly approves 24 oil and gas wells near Aurora Reservoir that faced vocal opposition
Crestone Peak Resources had slimmed down plan for pad after state issued a stay on project
Reclaiming water from contaminated brine can increase water supply and reduce environmental harm
Under pressure to provide water for drinking and irrigation, people around the globe are trying to figure out how to save, conserve and reuse water in a variety of ways, including reusing treated sewage wastewater and removing valuable salts from seawater.
Mining Without Mines: America’s Hidden Mineral Supply Is Flowing Beneath Our Feet
As the U.S. races to secure supplies of critical minerals—lithium, nickel, cobalt, rare earth elements—the national conversation remains fixated on new mines and mining efficiencies, faster permitting, and international partnerships. While these are all important, we’re overlooking a vast, low-impact domestic source of many of the minerals we so urgently need: brine.
Halliburton CEO: U.S. oil is in the ‘early innings’ of a rebound—and a drilling ramp-up is coming
The U.S. oil sector has entered the “early innings” of a rebound with more growth to come, Halliburton chairman and CEO Jeff Miller said Tuesday, explaining that the Iran war is forcing countries to prioritize energy security by capturing more barrels both domestically and from other regions outside the Middle East.
Brent oil rises above $100 after Iran seizes container ships, U.S. maintains naval blockade
Oil prices rose Wednesday, as Iran claimed to have seized two ships in the Strait of Hormuz shortly after President Donald Trump extended the ceasefire.
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