Scanning more than 40 US E&P conference calls over the past couple of weeks, here are the most notable takeaways as it pertains to frac crews and completions activity in 2H20. The big themes are getting back to work on the completions side into year-end, and this is a pretty positive update…

Units of midstream energy player NGL Energy Partners (NYSE:NGL) fell 12% in the first half hour of trading on Aug. 11. Although units of the master limited partnership gained back some of that sharp drop, by 10 a.m. EDT they were still down by around 7%. The early-day decline was precipitated by the after-market release of earnings on Aug. 10.

Midland & Martin counties lead the Permian basin in new o/g well permits from 1/1/20 - 4/28/20. There were 366 permits filed in Midland and 304 filed in Martin. Reeves held on to the no. 3 spot with 268. Loving came in at no. 4 with 227 and Howard took the no. 5 spot with 217 permits filed.

Oil and gas equipment is selling for pennies on the dollar. I hate that we are going through this down cycle but it is an opportunity for you entrepreneurs who have always wanted to start your business. In over 20 years I have never seen this kind of buying opportunity. Will you be Bold and take advantage of it?

If E&Ps spend their the rest of their remaining budget (39% of plan) evenly in 2H20, then quarterly spending as a percent of annual will only rise 115bps from the 2Q20 lows. So how are frac crews going back to work? We dig deeper here...

In this new economic landscape, saving every penny through the supply chain during a hydraulic fracturing operation is crucial. A necessary piece to this supply chain is water management. Implementing cutting edge telemetry and data management software platforms will provide producers some much needed relief.

Measuring ESG across the supply chain not only for emissions but quantitative metrics for fresh water usage, waste management, hazardous chemicals, health and safety, biodiversity and social impact for comparison with other industries e.g. renewables and mining is not a straightforward process for presenting to stakeholders for decision making.

U.S. shale producers are at a crossroads as they find themselves more efficient than ever. They can keep drilling, and potentially dent oil prices, or use the money to pay down debt.

In today’s challenging environment, it is more important than ever to minimize operating costs, thereby maximizing the value of each barrel of oil. Knowing this, we wanted to simply and succinctly clarify our messaging with a revised water-droplet logo signifying the importance of water and pipeline within our operations as well as the simple phrase: Moving Water Forward

Taking advantage of the great outdoors, we've organized what will be one of the few live networking events for folks in the water industry for the rest of 2020. Don't miss your chance to share knowledge and make productive new connections while reinforcing old ones!

Remote fracturing operation didn’t want the expense of ordering water multiple times from far away and didn’t have the space to properly dispose and clean of a high volume of used frac water...

The 2019 Produced Water Act fails to sufficiently address the public health threat of the toxic oil and gas wastewater that the industry calls “produced water,” a brew of poisonous compounds with excessive salt. The Act was written by oil and gas industry lawyers. Legislative changes to the Act before it was passed are insufficient to protect public health, the environment and our fresh water resources.

Willie Nelson and Paul Simon are weighing in...

Update on a legal situation involving an oilfield tank manufacturer...