Goodnight Midstream, LLC will be adding five new saltwater disposal wells and 50 miles of produced water gathering pipeline to its network of produced water gathering and disposal facilities in North Dakota. Over the last year, Goodnight drilled and completed four salt water disposal (SWD) wells – the Galaxy, Quale, Knoll and Boehm SWD wells. The company also acquired the
Hi-Crush Partners LP (ticker: HCLP) reported its Q4 and full year 2017 results. Revenues for the fourth quarter of 2017 totaled $216.5 million on sales of 2,985,115 tons of frac sand. This compares to $167.6 million of revenues on sales of 2,456,195 tons of frac sand in the third quarter of 2017. “Hi-Crush’s performance in the fourth quarter is the
Goodnight Midstream Permian, LLC is conducting a binding open season to provide an opportunity for producers to enter into long-term contractual commitments for Goodnight’s Llano Produced Water Pipeline System. The pipeline will be constructed in Lea County, New Mexico. The open season will commence on February 8, 2018 and close on March 30, 2018. The Llano Pipeline will transport produced
EcoStim Energy Solutions (ticker: ESES) provides hydraulic fracturing technology using turbine and conventional pumping fleets with advanced fluids, diverter systems and pin-point completion systems. The company began its initial operation in Argentina with a small spread in 2015. In the United States, the first spread commenced operations in May 2017 and the second spread in October 2017. The company’s total
From The Texas Observer Charles Phillips was in his pasture one day last year when he heard the sound. At 85, Phillips doesn’t hear as well as he used to, but he had no problem picking up the unmistakable squeal of a drill boring through rock. That’s odd, he thought. Why would my neighbor be drilling a water well? He followed the
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