Water management
The justices ruled that the company holding the oil and gas lease also lays claim to the produced water. The ruling comes as more companies are seeking to turn a profit on what has long been considered a vexing waste stream.
The Texas Railroad Commission has tightened its guidelines on the permitting of disposal wells in the Permian Basin.
The agency said it wants to modernize the rules and expand the potential uses for produced water.
-
Oil drilling produces up to 10 gallons of water for every barrel of oil. While the Environmental Protection Agency has balked at allowing oil companies to treat drilling waste water and discharge it into streams, oil-rich states, including Texas, are moving forward with plans to permit it. -
A recovery in the energy industry is key to the oilfield water sector in the Permian. But the industry must address issues such as further research, regulatory changes, and technology.
-
The Colorado Oil and Gas Conservation Commission approved new rules governing well construction, testing, and related matters, which the agency says will result in the strongest rules nationwide to protect groundwater from contamination from oil and gas activity.
-
Water is precious, and it is a factor in every aspect of oil production in the Permian Basin. It is used to produce the hydrocarbons, and it is produced with them. In the often-arid region of the Permian, finding a balance between water production and use can be a challenge.
-
The Permian Basin is now influencing the upstream water market on the way down, while many questions swirl around the implications of unprecedented shut-ins.
-
A blockchain pilot program conducted by an oil and gas consortium has shown promise in automating payments for oilfield water handling.
-
Autonomous Inflow Control Valve technology demonstrates significant benefits within first year.
-
Centennial said in its 10-Q report for Q1 that the economic downturn increased the likelihood that the transaction would fail to close by its original timeline.
-
Sourcing water, flowback water services threatened as D&Cs decline.
-
The room for error and cost overruns just got a lot smaller with the escalating need to make operations more efficient and leaner with fewer resources and investors continuing to prioritize ESG alongside profitability.
