This week, two new sponsors took their place at our upcoming conference in Houston on October 29. We welcome and thank WaterBridge and S&P Global Commodity Insights. Only a handful of sponsorships are still available (and going fast…). So don’t hesitate if you want your brand represented alongside your peers already sponsoring. This is the best opportunity left in 2024 to reach a host of influential produced water executives and show your commitment to advancing our great sector. Details: https://oilfieldwater.com/owupdate6/
Here is this week’s industry news & analysis…
News Digest
Texas Oil Regulator Proposes Significant Overhaul of Waste Management Rules
A statement posted on the Texas Railroad Commission (RRC) website revealed that the RRC is proposing a “significant overhaul of oil and gas waste management rules”.
Energy industry improves use of produced water
Only 2 percent of Texas’ total water consumption used for oil and gas extraction
Stellar Sponsor Group Coalescing Around The Leading Produced Water Conference Of Fall 2024
Early confirmed sponsors for the event in two months include: CarboNet, Aris Water Solutions, WaterBridge, ISCO, RWI Enhanced Evaporation, Aureus, Keystone Clearwater Solutions, Permian Oilfield Partners, Energy Water Solutions, S&P Global Commodity Insights, B3 Insight, Wanner, and TruClear Water Solutions. There are only a few sponsorships left and they are going fast... due to venue constraints, this conference has sold out in advance every year in its 5-year history, so we encourage you to review the options here and signup soon before your peers pounce on the remaining opportunities to reach the decision makers attending.
Midstream Deal Of The Day: Enterprise Acquires Piñon Midstream For A Billion Bucks
Enterprise Products Partners L.P. and Piñon Midstream, LLC, a portfolio company of Black Bay Energy Capital, today announced that Enterprise’s affiliate has entered into a definitive agreement to acquire Piñon Midstream in a debt-free transaction for $950 million in cash consideration. Piñon Midstream provides natural gas gathering and treating services in the core of the prolific eastern flank of the Delaware Basin in New Mexico and Texas.
Mike Hightower's New Produced Water Treatment White Paper
New research from Mike Hightower and other scientists talks about reuse and discharge of produce water.
Pennsylvania sits on lithium goldmine that could serve domestic demand
New research shows wastewater from fracking operations in the Marcellus Shale could hold a goldmine of a mineral critical to America’s green energy future.
E3 Lithium receives provincial funding to commercialize extraction technology
Due to a rising global demand for lithium, the Government of Alberta is providing Calgary-based E3 Lithium with $5 million through the industry-funded Technology Innovation and Emissions Reduction (TIER) program.
From Oilfields to Batteries: Saskatchewan's Leap into Lithium Production
Developments highlight Saskatchewan's commitment to advancing its energy infrastructure and critical mineral production, positioning the province as a key player in the renewable energy and battery manufacturing sectors.
Oil prices catch breath after days of losses
Worries over demand from China, the world’s biggest crude importer, and the dialing back of alarm over war in the Middle East expanding to threaten crude supply, drove big declines in recent trading days. WTI is $73/bbl as of this writing...
A zombie well apocalypse is coming for the Permian Basin. Texas regulators are not keeping up.
Houston Chron's Chris Tomlinson takes on abandoned wells. Mainstream media interest in the subject keeps growing.
Quantum Capital Group Acquires Assets from Caerus Oil and Gas for $1.8 Billion
Dave Keyte, Founder and CEO of Caerus, added: “We completed the largest water treatment facility in the western U.S in order to recycle 100% of our produced water for frac'ing purposes, greatly reducing the need for fresh water and further reducing truck traffic."
APA explores $1-billion sale of Permian assets, sources say
Reuters reported that APA Corporation is considering selling its oil and gas drilling properties in the Permian basin, for roughly $1 billion. The drilling assets are in different sub-sections of the Permian Basin, namely the Northwest Shelf, the Northern Shelf, and the Central Basin Platform in New Mexico and Texas. The sites produce more than 22,000 barrels of oil equivalent per day combined, of which roughly 60% is oil, the sources said.
Innovative Approaches to Managing Produced Water in Unconventional Reservoirs
The handling of produced water from unconventional reservoirs calls for tailored methodologies crucial for its containment. These methods maintain the longevity of the environment from a multitude of angles, discussed in this article.
Case Study on How Layne Water Midstream Leveraged Data
Cosmos wrote an article on how they helped Texas-based water midstream operator tap into accurate Business Central data, drill into detailed reports, and make proactive decisions.
Wastewater production footprint of conventional and unconventional oil and gas wells in North America [nature water journal]
New analysis of a database of over 620,000 hydraulically fractured and conventional wells in North America found that more than 355 billion tonnes of salts were produced from 2005 to 2019, with HF wells contributing over 85%.
Advancing Water Recycling in the Oil and Gas Industry: Technologies and Environmental Benefits
The oil and gas industry has long been scrutinized for its environmental impact, particularly concerning water usage and contamination. However, in recent years, there has been a significant shift towards more sustainable practices, especially in water recycling.
Earthquakes before 2017 tied to oil and gas wastewater, scientists at SMU find
The cause of these quakes has yet to be determined, but a scientist with the United States Geological Survey told The Dallas Morning News that they were likely induced by oil and gas operations.
Occidental’s Milestone Achievements in Water Recycling: Doubling Volumes and Enhancing Sustainability in the Permian Basin
By doubling the volume of water recycled in the Delaware Basin and achieving major milestones such as recycling 50 million barrels at the Midland South Curtis Ranch, Occidental is not only reducing water disposal costs but also advancing their commitment to environmental stewardship.
A West Texas ranch and resort will limit water to residents amid fears its wells will run dry
Residents at the sprawling Terlingua Ranch near Big Bend National Park will limit residents to 1,000 gallons of nondrinking water per month.
Energy industry improves use of produced water
The issue of what to do with produced water contaminated by its use in fracking is being dealt with in a variety of ways that are becoming more creative and effective by the year.
Exploring Sustainable Water Management: Aquifer Recharge in the Oil & Gas Industry
As the oil and gas industry continues to seek innovative solutions for managing produced water, aquifer recharge has emerged as a promising and sustainable approach.
RIP Autry Stephens
Autry Stephens, Who Agreed to Sell His Oil Company for $26 Billion in February, Dies at 86
HydroEdge Solutions Talks Produced Water
Nice LinkedIn post looking back at the Marcellus Shale Water Business Update
Why no president has slowed the U.S. oil boom
Under President Joe Biden, who campaigned on a pledge of “no more drilling,” America is pumping more oil than any country ever has.
Data Confirms Natural Gas Development Not Public Health Risk
New, real-time air quality data of well sites in Southwestern Pennsylvania reaffirms what other studies over the last decade have concluded: responsible natural gas development poses no risk to public health or the environment.
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