A couple of weeks ago, our friends at Infill Thinking, an oilfield market research firm, conducted a membership outlook survey.
80 business leaders weighed in, with participants hailing from fairly diverse upstream backgrounds. The whole 20-question survey yielded interesting results, touching on the outlook for both completions and produced water. One finding in particular will resonate with Oilfield Water Weekly readers, and Infill Thinking agreed to let us share it here.
Here was the question. Infill Thinking members were asked to rank 8 oilfield trends or segments in terms of how much newly invested capital and attention they will attract through 2020?
And when the results came in… The ‘Water Midstream & Disposal’ category scored the strongest, taking first place. More than 2/3rds of all the respondents ranked it first or second. Also of note, ‘Water Treatment’ ranked second. These water categories were followed by electric frac fleets, wellsite chems management, rig automation, frac iron, last mile, sand mines etc.
And remember that respondents were mostly upstream-focused professionals, not water midstream guys “talking their book.”
If you are interested, you can view all the survey question results here or see how just the operators polled here (because the customer is always right).
And finally… before getting to this week’s top headlines, a brief note about our upcoming Oilfield Water Industry Update event on October 4, 2019. The early registration response has been very strong with seven weeks until the conference. If you’ve been thinking about sponsoring this event, now’s the time to jump on the few remaining opportunities – there is only room for four more sponsors as of this writing…
And now for this week’s top oilfield water industry headlines, where water talent pool activity and hiring continue to heat up…
News Digest
IHS Releases Podcast On Permian Water Management Growth [33 Minute Listen]
IHS Markit recently estimated the US oilfield water management market to now be valued somewhere around $37.5 billion. That represents 12% year-on-year market growth from 2018—mainly driven by water disposal and water hauling....
IHS Summarizes Permian Water Management Podcast In Print [5-Minute Read]
"Just as a general rule of thumb on that, the economics of moving water by a truck or by pipeline do differ quite a bit. Just very approximately speaking, to ship produced water via a pipeline once you've already built it out tends to cost somewhere in the neighborhood of around 30 to maybe 60 cents per barrel of water, whereas shipping it on a truck might cost us somewhere in the neighborhood of about $3 or so..."
Drip, Drip, Drip… Collecting Market Intel From 3 Oilfield Water Earnings Calls In 1 Day
The universe of publicly traded shale oilfield water companies is small (for now). But the universe of companies with material oilfield water handling exposure is...
New Eagle Ford Pipe Project For Produced Water To Reduce Truck Trips By 250,000 Loads Per Year
EVX Midstream Partners expects to expand this pipeline to a length greater than 300 miles, making it the largest SWD pipeline network carrying produced waste water in the Eagle Ford Basin....
It's Working... Roan & Blue Mountain's New Agreement Drives Downs LOE In Latest Quarterly Report
“Our lease operating expense came in at $2.44 per BOE, which was down a strong 28% as compared to the first quarter of this year and well below our guidance range for the year, reflecting the impact of continued focus on our LOE reductions and the impact of the water service agreement that we signed with Blue Mountain earlier this year and that began operations in early April....
WATER TALENT POOL: Ripple Midstream Is Hiring A COO
The ideal candidate has experience designing and operating produced water systems, salt water disposal wells, and produced water recycling facilities...
WATER TALENT POOL: Elite Infrastructure Seeks Business Development Manager
Business Development for our Construction Divison. Great pay and benefits. We are one of the top design and construction companies for SWD’s and oil and gas facilities.
WATER TALENT POOL: Solugen Seeks Produced Water Business Development Executive
The Solugen team is looking to expand their business development team in the produced water space....
WATER TALENT POOL: Milestone Hiring Permian Staff At Fort Worth Job Fair Today
Permian produced water staff will be in demand at this event - a sign of growth in the oilfield water management niche...
Investors Want 2nd Shot At Bank Over Oilfield Foreclosure Involving Water Management
A group of investors is arguing wrongful dismissal of their claim against Heartland Bank involving oilfield water management company Water Transfer LLC...
The Most Important Resource on the Planet
A stock market analyst shares thoughts on oilfield water investing landscape and addressable market, including a couple interesting charts...
New C-Suite At Western Midstream
Michael P. Ure has been named President & Chief Executive Officer and Craig W. Collins has been named Senior Vice President & Chief Operating Officer of WES...
Texas Alliance Of Energy Producers Publishes August Newsline
Check out the latest news and views of the Alliance and then come hear their president, John Tintera, address the audience during our October 4 2019 Oilfield Water Industry Update conference...
North Dakota To Study SWD Fires
When a saltwater tank gets hit by lighting, chaos quickly follows. Not only is there a fire that is likely to destroy the entire tank battery, spilling oil and produced water, but the lids themselves fly like frisbees...
Tank Manufacturer: Bakken Needs Rules For Saltwater Tanks, But Fiberglass Isn't The Problem
When it comes to fires and saltwater disposal tanks, it’s not what the tank is made of, a Minot tank manufacturer says. It’s what’s inside the tank, and how it’s handled...
Drilling Down: Pioneer’s Big Bet On The Midland Basin While SWD Facilities Boom Around Them...
Sergio Chapa reporting that Pioneer filed for eight drilling permits over the past week to develop horizontal wells on seven leases split between Midland and Upton counties. Meanwhile, Houston oilfield water company Aqua Terra Water Management is preparing to drill injection wells to develop five saltwater disposal facilities in Midland County. The company plans to drill the five injection wells targeting the Spraberry formation down to depths of 14,350 feet...
Permian Booming... [Conflicting Online Views]
Industry insiders recently speculated that the Permian may be on its way out, noting that well productivity in the Permian is declining. In fact, the truth is quite the opposite. “After careful analysis, we do not find sufficient evidence in the data to support these speculations," Rystad says...
...Permian Slowing [Conflicting Online Views]
The Permian and US shale growth outlook looks decidedly more subdued than what we have witnessed over the last few years...
No Question About It... Oilfield Water Industry Advertising Is On The Rise
More "paid water content" than ever is appearing in the newspapers, as this industry niche steps up its ad campaigns and brands compete for airtime...
New Insights Could Advance Water Purification Technology
Membrane distillation deals with a thin, water-repellent membrane capable of exploiting vapor pressure variances between hotter impure liquid, known as feedwater, and colder purified water, known as permeate...
Novel On-Site Shale Produced Water Volume Reduction: Pilot Success
A new shale produced water volume reduction solution was successfully demonstrated in a live shale field. Comtech Industries and Saltworks partnered to deliver the innovation. Before today, there were two types of shale evaporators...
Sand Mine Water Spill
A malfunctioning pump at a Jackson County frac sand mine spewed about 400,000 gallons of mine waste into a tributary of the Trempealeau River over the weekend, the Department of Natural Resources said...
Subscribe
Looking to stay connected in the rapidly evolving oilfield water management business? Look no further than the Oilfield Water Connection’s Weekly News Digest.
Subscribe to get our carefully curated summary of relevant water news and analysis delivered to your inbox each Wednesday morning
Share Your News
Send us your press releases and any other news articles which you believe would be of interest to our readers. Email submissions to hello@oilfieldwater.com
Advertising
Do you provide oilfield water technology, or service? Advertise in the Oilfield Water Weekly.
LEARN MORE