Water Archives - Page 3 of 4 -

Concho Resources and Solaris Water Form JV in the Delaware Basin

August 1, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Concho Resources and Solaris Water Midstream team up for produced water management in the northern Delaware Basin Concho Resources (stock ticker: CXO), a Permian-focused unconventional shale producer, has formed a strategic joint venture (JV) with Solaris Water Midstream, a wholly-owned subsidiary of Solaris Midstream Holdings LLC. The partnership between the two

Continental Resources Divests STACK Water Handling Facility

July 31, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Continental Resources sells STACK water handling facility to Lagoon Water Solutions for $85 million Continental Resources (stock ticker: CLR), an Oklahoma City-based independent E&P, is selling its eastern STACK water gathering and recycling system in Blaine county, Oklahoma to Lagoon Water Solutions for $85 million. In conjunction with the divestiture, Continental

Dirty Water Holds Biggest Promise for Pipeline Companies, Jefferies Says

June 25, 2019

From Bloomberg For companies that haul oil and natural gas, the next big thing may be dirty water, according to Jefferies Group LLC. As booming U.S. oil production unleashes a torrent of contaminated water that rises to the surface with crude, pipeline operators may be in the best position to harness those flows and expand into the water-handling business, said

Waste to Water: Oil and Gas Industry Looks to Mitigate Water Waste During Boom

May 30, 2019

Special Report From the Carlsbad Current-Argus In New Mexico, hydraulic fracturing taxes a resource perpetually scarce in the desert region: water. Hydraulic fracturing, or fracking as it is commonly called, blasts vast amounts of water, sand and chemicals through underground pipes to crack open the underground rock formations that hold crude oil and natural gas. A barrel of oil, or

Russia's May oil output hits 11-month low on dirty oil crisis - Oil & Gas 360

Wastewater – Private Equity’s New Black Gold in U.S. Shale

March 18, 2019

From Reuters Mike Christensen strides among rows of gleaming steel tanks, pointing to pipelines that arrive from miles around to this corner of former farmland near Midland, Texas, the heart of the largest oil patch in the United States. His company is one of dozens opening sites like this one that handles, not the lucrative oil, but the shale industry’s

Permian - Delaware Basin Action Virtually Nonstop Since Oct. 1

Water Is Almost as Precious as Oil in the Permian Basin

January 24, 2019

From Bloomberg Toby Darden stomped on the ATV’s gas pedal, carving through blustery winds to reach the far northern corner of his 37,000-acre West Texas ranch. He wanted to show off the crown jewel. This wasn’t the spectacular views of the Davis Mountains or the herds of aoudad rams with their distinctive curved horns. It was a big hole in the ground,

After Recent Oil & Gas M&A, Now Water Makes a $900-Million Splash

December 21, 2018

Seven water M&A deals have occurred over past month While mega deals among E&P companies has dominated recent M&A headlines, water infrastructure is changing hands at a very rapid pace. At least seven water M&A deals have been announced or closed in the past month. Only six E&P deals have been announced in the same period. Permian sees $560 million

Hess Announces Bakken Water Drop Down

December 11, 2018

Hess Infrastructure Partners LP Announces Proposed Acquisition of Hess Corporation’s Bakken Water Business

Truck Driver Shortage Constrains Booming Texas Oil Fields

September 14, 2018

From Transport Topics Thousands of drivers are needed in the Texas oil fields. Big rig trucks sit empty. They could be hauling the thousands of loads of sand needed to frac a well. But there aren’t enough drivers. It will take longer to complete the well. Once it’s out, the oil has to get to a plant on the Gulf Coast, and

How Crestwood Zips Crude, Condensate and Water Through the Cloud

June 18, 2018

IoT, cloud computing, custom aps, telematics, embedded tech boost efficiency and safety for Crestwood Equity Partners “tip to tail” From CCJ Crude oil prices fell rapidly during the fourth quarter of 2014 as global output exceeded demand. The change of events led Crestwood Transportation in a new direction. Before this period, the Kansas City, Mo.-based carrier had acquired a number of small

Rising Tide of Produced Water Could Pinch Permian Growth

June 13, 2018

From the Journal of Petroleum Technology As oil production rises in the Permian, the even larger volumes of water from those wells is becoming a pressing problem for many operators, particularly those drilling in the wetter western half of the basin. Over time the cost of producing a barrel of oil could include a $3–6/bbl water disposal cost, according to

How the U.S. Will Handle the OPEC-Russia Spigot

May 30, 2018

Except for a small drop in the amount of oil produced in 2016, with return to the upswing in 2017, American production has been on a steady increase ever since 2008. Even during the 2014-2016 price crash, U.S. E&Ps hunkered down, strengthened their balance sheets, made technological leaps and kept on producing oil and gas—without depending on the reappearance of

Premium Content