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 Surge the same year the company drilled a record-setting lateral in the Permian basin. InRead more
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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 water pipelines, nine saltwater disposal wells and four permits for the development of additional disposal wells. The company will now be ableRead more
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 “drill baby drill”.Read more
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 Manhattan Institute in a recent Wall Street JournalRead more
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 from smaller companies at a time ofRead more
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 promising technologies that can help manage the industry’s growing produced water challenge. A new technology from Hexion aims to help operators significantly reduceRead more
The meteoric rise in drilling and completions activity in the Permian Basin in the past few years has brought with it a scramble for new sources of water. As a result, “water is the new oil,” says Energy Makers Advisory Group’s Laura Capper. “The value of water has changed.” The U.S. demand for waterRead more
EnergyMakers Advisory Group’s Laura Capper recently shared her perspective on produced water disposal capacity in Texas, Oklahoma and New Mexico with Energywire. Laura’s thoughts are part of a bigger Energywire story on how regulators in those oil patch states are trying to handle the large volumes of wastewater produced during drilling and completions operations. ThisRead more
A new report by the US Geological Survey (USGS) states that the Delaware Basin’s Wolfcamp shale and Bone Springs Formation hold the largest potential oil and gas resources ever discovered. The regions may hold as much as 46.3 billion barrels of oil, 281 trillion cubic feet of gas and 20 billion barrels of NGL. Read more