As we expected, the Texas RRC has formally established the Stanton Seismic Response Area (SRA) in Martin County and a small segment of Howard County, due to continuous seismic activity in the region, including a M 4.2 event on December 31, 2020, and a M 4.6 event on December 28, 2021. The RRC attributes theRead more
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As we expected, the Texas RRC has formally established the Stanton Seismic Response Area (SRA) in Martin County and a small segment of Howard County, due to continuous seismic activity in the region, including a M 4.2 event on December 31, 2020, and a M 4.6 event on December 28, 2021. The RRC attributes theRead more
Image Source: Texas RRC Northern Culberson-Reeves Seismic Response Area – Up to 2 M Barrels per Day ofSWD Injection held at bay for Area Operators In another blow to SWD operators in Texas, on October 20,2021, the Texas RRC established the Northern Culberson-Reeves (NCR) Seismic Response Area (SRA) due to an increase in 4.0 MRead more
On to Part II: Business and Financial implications for shallow well operators and their users. First, we note that generally across the Midland basin, we see the clearest signs of pressurization amongst the really old EOR wells, which are generally shallow, and tend to be more concentrated near the flanks or edges of the basinRead more
We’ve been asked to opine on the future implications of the Seismic Response Area (SRA) recently identified by the Texas RRC. The area is located in the heart of the Midland basin, at the intersection of Andrews, Martin, Ector, and Midland counties. The intent behind the RRC’s “voluntary” curtailment requested of operators is to abate induced seismicityRead more
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 theRead more
This is the second of a series of observations from EnergyMakers’ New Mexico Deep SWD Report, where we explore the practical capacity of New Mexico’s growing Deep SWD infrastructure, and what we can expect going forward. We have long warned that pressure limits are more likely to be constraining factors than volumetric limits in theRead more
For those of you in the water treatment and recycling business, the New Mexico legislature recently passed ground-breaking legislation for water conservation advocates. New Mexico House Bill HB546 cleared the path in 2019 for water recycling going forward, by voiding agreements or covenants which require the operator to use fresh water, if more suitable recycledRead more
On May 19, 2020, Governor Stitt of Oklahoma signed Senate Bill 1875, the Oil and Gas Produced Water and Waste Recycling and Reuse Act. This is important legislation that opens the door to recycling for operators and service providers, and anyone else. As with legislation which clarified ownership and liabilities in Texas in 2015, OklahomaRead more
Curious about what the future holds? We’ve run some quick scenarios to frame out what the future might hold for the water business in oil and gas. EnergyMakers has long advised clients to mitigate price swings and drilling fall-off by maintaining a production-related foundation to the business. The benefit of this strategy is about toRead more