Some very interesting stories this week, but not very many. High calorie count, low volume… here’s a quick power breakfast of water news. Have a great rest of your week!
And now, the news…
News Digest
The 2021 Outlook Survey Results Are In!
Infill Thinking has collected about 130 responses to 15 questions about the 2021 outlook from frac insiders...
NLB Deploys New Modular Membrane Solution In Midland
The modular membrane driven produced water treatment and recycling solution with low waste cut and limited use of chemicals was deployed successfully in the Midland Basin earlier this month.
Supreme Court gives New Mexico a win in water dispute with Texas
The Supreme Court on Monday sided with New Mexico in a water dispute with Texas. After a 2014 tropical storm resulted in heavy rainfall in the Pecos River, which runs through both states, New Mexico agreed to store water for Texas to prevent flooding, according to the court decision. The water was released months later, but during that time, some of it evaporated.
Tallgrass Energy Partners Prices Upsized Offering of $750 Million of 6.000% Senior Notes Due 2030
Tallgrass Energy Partners, LP (“TEP”) announced today that it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, priced an upsized offering of $750 million in aggregate principal amount of 6.000% senior unsecured notes due 2030 at an offering price equal to 100% of par (the “Notes Offering”).
Eagle Ford Water Opportunity...
Small water pit investment opportunity south of College Station available, shoot me a message if you want to learn more and can close by yearend if terms are agreed upon..
Seminole Nation Claims “Mineral Severance Tax” in Oklahoma
The Seminole Nation in Oklahoma is the first tribe to charge a "Mineral Severance Tax" after claiming an interest in hydrocarbons, minerals, and natural resources located within reservation boundaries.
TCEQ’s Permian Basin “Find It and Fix It” Program Underway
Last month, the Texas Commission on Environmental Quality (“TCEQ”) launched a temporary “Find It and Fix It” program effective through January 31, 2021 to facilitate air quality compliance for companies with oil and gas operations in the Permian Basin.
Permian Water Disposal Surges to Record High
Water disposal in the Permian Basin is likely to hit a new all-time high in the fourth quarter of 2020, exceeding 1.3 billion bbl for the period for the first time in history, potentially further expanding Texas’ total water market which had already recovered close to its pre-COVID record in October, a Rystad Energy analysis projects....
Last growing market of US land services, water disposal, is set for an all-time high in the Permian [Same As Above, Different Title, Coverage In Saudi]
When it comes to the disposal market in the Permian Basin, fresh data reveals an even stronger recovery in the third quarter. After declining by 9% in the second quarter, the total volume of disposed water rebounded by 9% in the third, with nearly all growth coming from the Texas part of the Permian Basin.
15-Day UIC Protest Window
UIC application protest windows last 15 days but what does that mean, really? Abigail Michel explains the Railroad Commission of Texas process and shares details on the best way to track applications.
Lawsuit requests jury trial, oil companies clean-up contamination in St. Landry
St. Landry Parish government and the Village of Cankton have filed a civil lawsuit in state district court requesting that several major oil companies fund an effort to clean up alleged groundwater contamination that has begun to infiltrate a major aquifer located below a former oilfield disposal and storage facility.
NMOGA On A Biden Frac Ban
“Any proposal restricting oil and gas development on federal lands would devastate New Mexico and result in the elimination of thousands of jobs, massive cuts in support for public education, and a greater reliance on foreign energy imports. Our state depends on oil and gas to fund schools, put teachers in classrooms and help our young children learn.” -- Ryan Flynn, NMOGA President
US agency looks to open rare lizard's habitat to oil and gas
Federal wildlife managers are considering offering permits to landowners in the Permian Basin that environmentalists say could further compromise habitat for a rare lizard found only in parts of southeastern New Mexico and West Texas.
Parsley Energy lays off most workers as part of sale to Pioneer Natural Resources-government notice
Parsley Energy will lay off most of its Austin, Texas workforce as part of its sale to Pioneer Natural Resources, according to a notice to the Texas Workforce Commission posted on Friday.
Permian New Well Demand PICKS UP STEAM Into Year End… Bring On 2021!
US rig count is STRONG into and around the holidays this year – +15 land rigs went back to work last week in spite of the much talked about holiday slowdowns that often happen in the oilfield this time of year.
Oil steady near 9-month high with IEA seeing lasting glut
Oil traded near a nine-month high as the IEA cautioned that a market glut will last another year.
Western Midstream Partners: Undervalued And Growing Top And Bottom Lines
Western Midstream MLP is a critical provider of takeoff services to shale drillers in key basins.
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