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Hot Off the Presses: New Mexico Recycling Trends – Recycling is up, ESG bets are on!

    Home Uncategorized Hot Off the Presses: New Mexico Recycling Trends – Recycling is up, ESG bets are on!

    Hot Off the Presses: New Mexico Recycling Trends – Recycling is up, ESG bets are on!

    By emagstage | Uncategorized | Comments are Closed | 27 May, 2021 | 0

    We have some great news to report on this auspicious day in 2021!

    We’ve long maintained “transparency” would be a great equalizer.  We’ve predicted a dramatic increase in recycling when New Mexico Operator Water Use reports for Completions made it into the public domain, and that is exactly what is happening.  (Keep in minds the data is incomplete; not all operators have reported in yet, and more recent periods are always data-short.)

    But we can offer the following report card, based on those operators who have reported thus far, which totals just under 150 million barrels in completion fluid injected between October 2020 and March 2021.  Operators represented in these figures are as shown.

    What’s impressive is how quickly we have rallied.  We managed to get back to work, come out of Covid, adapt to new regulations, and by our tabulations, more than double our recycling volumes in a relatively few short months.   Keep in mind, the last time we industry consultants’ estimated water recycling – most of us put it at 12-20% of total completion volumes in New Mexico.

    The data tells a more compelling story today; for those operators who have reported back, we are showing an impressive average of 55% Produced Water Recycling across the first six months of reporting – more than doubling of prior recycling volumes.  

    It is possible these early reporting operators are more likely to be recycling,  (so more data may be a little more sobering), but we think this is an excellent start for our industry in  doing what’s “right” in 2021!

    Stay tuned for more updates with EnergyMakers Advisory Group Industry Reports!

    Completion Fluids, New Mexico, Produced Water, Recycled Produced Water, Water Management, Water Use

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    • Home
    • About
    • Services
      • E&P Services
        • Due Diligence and Transaction Support Services
        • Water Management Due Diligence / Disposal Risk Assessment
        • Midstream Water Management Advisory / Analytics
        • Facilities, M&A, JV, and Project Financial Modeling
        • Storage, Production, and Shut-in Strategy Development
      • Water Management
        • Water Management Advisory and Planning Services
        • Saltwater Disposal / Seismicity Avoidance / UIC Operations Planning and Risk Management
        • Water Sourcing / Supply Assurance
        • Facilities Sitting and Life Cycle Planning
        • Solid Waste Management
        • Permit Strategy, Operations Planning, HSEQ Compliance
        • Comprehensive Due Diligence Services, Technology Piloting and Commercialization
      • Data-on-Demand: Oilfield Saltwater Disposal and Injection Wells
    • Industry Report
    • Team
    • News & Events
    • Contact
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