EnergyMakers is now publishing its fifth year of Bottomhole Pressure studies across the most active oil and gas basins in the U.S. Here’s our shallow basin-wide Bottomhole Pressure trends as of 2021. (Stay tuned here for deep-well BHP trends!) Only shallow wells in New Mexico are bucking the current pressurization trends, and that is becauseRead 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
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
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
Midland-based XRI Holdings, LLC recently completed its Northern Delaware Basin Supersystem, a water pipeline system crossing core oil and gas development areas in New Mexico. The new infrastructure, which spans 125+ miles of Lee and Eddy counties, will be supplied in part by recycled produced water volumes from the company’s own water terminals and treatedRead more
Constrained water disposal capacity in some key hydrocarbon producing areas of Oklahoma is making for some complicated water logistics, leading producers to get creative in how to reduce their disposal volumes. EnergyMakers Advisory Group’s Laura Capper shared this, and other, insights in the Feb 2019 issue of The Oil and Gas Investor. In a featureRead more