(Investing) – NEW YORK – The governor of Texas, one of the world’s fastest-growing regions for artificial intelligence infrastructure, directed state regulators on Monday to penalize data centers that fail to disclose details about their water consumption. Texas, which halted the connection of new data centers to the state electrical grid pending a review of the facilities’ power and water use,
(By Oil & Gas 360) – For decades, the oil and gas industry has been shaped by access to hydrocarbons. Increasingly, it is being shaped by something else, water. What was once treated as an operational input is becoming a strategic constraint across the energy system. And now, the rapid expansion of AI infrastructure and hyperscale data centers is accelerating
(Oil Price) – After years of steady energy consumption rates, the Great Lakes region is expected to see a 2 to 3 percent annual rise in energy demand over the next ten years as data centers pop up at a rapid clip to support the AI boom. Not only will this growth rate place extra stress on local energy grids (and
(Investing) – WASHINGTON – The Trump administration on Tuesday proposed a rule revising Biden-era pollution protections for waterways, a move the Environmental Protection Agency said would speed permitting of energy and artificial intelligence infrastructure. The proposed rule concerns the 2023 finalization by the administration of former President Joe Biden of the 401 section of the Clean Water Act. That reversed a
(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources. The Railroad Commission of Texas, the energy regulator of the top U.S. oil-producing state,
(BOE Report) – Two large earthquakes that hit the Permian basin, the top U.S. oilfield, this week have rattled the Texas oil industry and put a fresh spotlight on the water disposal practices that can lead to increases in seismic activity, industry consultants said on Tuesday. A magnitude 5.0 quake struck on Feb. 14, followed by a magnitude 4.7 temblor
Oil and Gas 360 Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technologies Series presenter replays for a limited time. Select Water Solutions delivers end-to-end water solutions through strategic field locations across every major shale play in the U.S. The agility of our personnel and equipment allows us to keep up
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World Oil AUSTIN- For the first time in nearly 40 years, the Railroad Commission’s Statewide Rule 8 will undergo a substantial overhaul to better reflect modern waste management practices and recent advancements in oil and natural gas production methods. One of the highest priorities of the Railroad Commission of Texas (Commission) is the protection of groundwater resources. Water protection is
Investing U.S. shale oil producer Diamondback (NASDAQ:FANG) Energy has formed a new joint venture with private equity firm Five Point Energy LLC to create a water infrastructure network in the Midland Basin that is part of the oil-rich Permian in Texas. The joint venture, Deep Blue Midland Basin LLC, aims to create a sustainable management platform for produced water, the
CNBC LONDON — Major companies from across a range of sectors are increasingly concerned about the cost and availability of the world’s ultimate renewable resource: water. The availability and relatively low cost of water does not tend to capture much attention until it effectively runs out. Yet, with the climate crisis seen as a “risk multiplier” to water
Carlsbad Current Argus The State of New Mexico finalized changes to its produced water regulations on the oil and gas industry after months of adjustments and debate between state regulator, environmentalists and oil and gas industry leaders. The Oil Conservation Commission unanimously approved of the changes during a Thursday special meeting without discussion following a work session last month that
