Permian Basin

While it is one of the top producers of liquid hydrocarbons in the US, New Mexico is also among the driest. The issue has culminated in a restriction on new freshwater leases issued by the state and a push for more recycling of produced water.

The last growing market of US land services, water disposal, is set for an all-time high in the Permian.

What is to become the largest shale producer in the Permian Basin is stepping up its efforts to curb emissions and has shared new details in its annual sustainability report.

Wellbore tortuosity is a term that has steadily increased in relevance to the oil and gas industry over the past decade, but its importance is especially clear in the current environment.

Operators of unconventional plays face a conundrum—how to dispose of produced water economically without risking seismicity or aquifer contamination. A recent paper and virtual forum offer ideas for optimizing saltwater disposal.

The Eddy State Complex adds 300,000 B/D of recycled produced-water treatment capacity in the northern Delaware Basin. The company said it is on track to recycle 25 million bbl of produced water this year.

ConocoPhillips promised more than just growth and costs savings when it announced a deal to acquire Concho.

Breakwater’s produced-water-recycling facility has the flexibility to recycle, store, or dispose of water. It has already recycled nearly 5 million bbl of produced water in the third quarter of 2020.

The two shale producers are calling it a “merger of equals” and will share management duties once the transaction closes. The combined company aims to become the fourth-largest producer of tight oil in the US.

Enterprise Products Partners publicly acknowledged the deep slump in pipeline demand out of the Permian Basin by canceling a project at a time when most producers have been quietly postponing US projects.