The average fracking job now consumes 13 million gallons (49 million liters) of water, up 40% in two years, according to a Reuters analysis of Permian producers’ data reported to FracFocus.org.
Companies that fracture wells are cutting workers and idling equipment.
Along with technical sessions, conference panels and networking events, new technologies will be one of the major highlights of the show.
The company also reported Nov. 6 that oil production grew 12% to 464,100 barrels per day during third-quarter 2019.
Equinor entered the Eagle Ford asset at the height of the U.S. shale boom in 2010 through a 50/50 JV acquisition with Talisman Energy, now owned by Repsol.
Marathon Oil also unveiled a new Delaware Basin oil play with over 60,000 contiguous net acres in Ward and Winkler counties, Texas.
The company is better modeling production forecasts after oil output fell during the quarter as it co-develops zones in the Midland and Delaware sub-basins.
Net income attributable to the company rose to $368 million, or $2.26 per share, in the three months ended Sept. 30, from $157 million, or $1.59 per share.
Cumulative production has improved by 100% compared to wells drilled before 2017, the company said.