Independent operator Surge Energy US Holdings was recently selected as an honoree for Houston Business Journal’s (HBJ’s) inaugural Innovation Awards. The award, which recognizes companies who demonstrate a culture of innovation and unconventional approaches to solving complex challenges, goes to
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Houston-based oilfield water treatment company H2O Midstream recently announced a deal to acquire all wastewater assets from E&P Sabalo Energy for an undisclosed sum. The deal gives H2O Midstream 37 miles of oilfield waterpipelines, nine saltwater disposal wells and four permits for the developm
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According to a recent report by the Houston Chronicle, the third week of July saw a drilling permit bonanza in the Lone Star State, with 286 drilling permits filed. Of these, nearly one third (95) were filed for the development of new saltwater disposal (SWD) wells, giving new meaning to the term â€
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The ongoing surge in domestic oil and gas production continues to outpace gains made by wind and solar-based energy developments, despite calls from certain factions to break America’s oil addiction and build a fossil fuel-free economy. These were the findings of Robert Bryce, senior fellow of the
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Following recent moves by the governors of New York and New Jersey to nix new gas pipeline projects, the region’s gas utilities are warning of future shortages for new and existing customers. Courtesy Williams.Pro-gas groups see the decision to cancel the pipelines as a move to pander to climate-c
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Independent E&Ps looking to unload some of their shale real estate in the Permian basin are not generating much interest from the majors. A number of big oil companies—ExxonMobil, Royal Dutch Shell and Chevron included—have all gone on record stating that they are wary of buying up assets fr
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A recent forecast by Rystad Energy states that renewable energy developments in the Asia-Pacific region are set to outspend exploration and production (E&P) activities in 2020. With the exception of China, total CAPEX in renewable developments of all types will overtake E&P spending next yea
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Last year saw a major turnaround in publicly listed E&Pcompanies’ free cash flow fortunes to levels not seen since before themid-decade downturn. Accordingto energy analyst Rystad Energy, free cash flow for E&P firmsreached nearly $300 billion in 2018, marking a return to so-called “supe
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In field tests, Hexion's AquaBond technology has lowered water production by nearly 45% in some wells, with no observed impact on hydrocarbon production. (Courtesy of Hexion)EnergyMakers loves to bring visibility to promisingtechnologies that can help manage the industry’s growing produced waterch
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