Industry News

Can an individual invest in water… and should they?

The first step to understand an investment’s risk is to analyze the process from which the upside of the investment is...

U.S. rig count declines for fourth week while Permian, Texas counts increase

U.S. count of active drilling rigs fell for the fourth consecutive week, but the counts in Permian Basin and Texas reversed...

Conference highlights produced water innovation in oil and gas industry

“Our conversations this year focus on reuse of produced water, and then the cleanup concentrations that you have to reach to...

Fracking Waste Gets a Second Look to Ease Looming West Texas Water Shortage

Fracked wells in West Texas don’t just produce petroleum. Much more than anything else, they spit up salty, mucky water. Typically,...

Unconventional Plays: Water Management’s Evolution and Forecast

Before 2012, water management for unconventional oil and gas plays was in its infancy and was trying to keep up with...

The great saltwater flood in the Permian Basin

The Permian basin (Permian) of Texas (TX) and New Mexico (NM) is the most prolific oil and gas region in the...

Total recoverable oil worldwide is now 9% lower than last year, threatening global energy security

Following publication of BP’s annual Statistical Review, each year Rystad Energy releases our own analysis of the global energy landscape to...

Rig counts pause with 342 in Permian, 357 in Texas, 727 in U.S.

Oil and gas operators in Permian Basin and sbobet elsewhere continued their pause in new drilling activity, according to the Baker...

Private oil and gas companies expected to push the Permian’s Delaware Basin to record output

Oil and gas production in the Permian’s Delaware Basin will climb to record levels this year, according to research from Norwegian...

Permian Operators Colgate, Centennial to Combine in $7 Billion Merger

Colgate Energy agreed on May 19 to combine with Centennial Resource Development Inc., squashing recent rumors that Colgate was seeking an...

Permian Basin Oil Output Forecast to Hit Record High in June: EIA

Oil output in the Permian Basin in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise...

Shifting capital allocation strategies in E&P sector amid oil price up-cycle

Russia’s invasion of Ukraine and the recent spike in oil prices has focused global attention on oil and gas supplies and...

U.S. oil producers increased capital expenditures and cash from operations in late 2021

In response to higher crude oil prices, financial results for 42 U.S. exploration and production (E&P) companies showed large increases in...

Why Are E&Ps Slow To Respond To Higher Oil Prices?

Find out what’s behind the muted response of North American oil drilling activity and how it compares with the recent rise...

Oilfield Water Markets Update, Trends, and the Future

The Oilfield Services (“OFS”) industry has long been known for its cyclicality, sharp changes in “direction” and demand-driven technological innovation. One...

“Full-blown Energy Crisis” Started Long Before Russia/Ukraine War

Tensions between Russia and Ukraine have thrown oil and gas prices into focus, but an energy crisis has been brewing for...

$100 Oil Is Back! Why Isn’t Texas Drilling?

Russia’s war on Ukraine has made it practically patriotic to pump oil, but the Permian hasn’t ramped up production. Don’t blame...

There’s a new boom in the Permian Basin — wastewater

In the Permian Basin, now the most prolific oil field in the world, hundreds of miles of plastic pipelines snake along...

Water Recycling Strengthens Permian

For every barrel of oil produced in the Permian Basin, there are at least two barrels of water. In the Delaware...

Do Oil And Water Mix? The Biggest Energy IPO Of 2019 Might Answer That Question

Saltwater disposal and integrated water logistics companies have attracted a higher proportion of the sparsely available capital flowing into the sector,...

Water management – Water and sustainability

Environmental Sustainability and Governance (ESG)—get used to this term. It will be much more important to the oil and gas industry...

Continental Proves Its Primacy in Oklahoma’s SCOOP and STACK

Oklahoma City, OK-based Continental Resources Inc. turned in a third-quarter earnings report that beat expectations across the board but results in...

Goodnight Midstream lands $500 million to expand oil field water operations

Dallas pipeline operator Goodnight Midstream landed $500 million in private equity funds to expand the company’s oil field water operations. Tailwater...

Fund H20 finishes the Gun Barrel

Fund H20 finishes the Gun Barrel on our Salt Water Disposal facility in the STACK/SCOOP.