Houston-based WaterBridge Resources agreed in late February to acquire Centennial Resource Development’s Permian water assets in a $225 million transaction that was expected to close at the end of the first quarter.
In a statement, Stephen Johnson said he and the WaterBridge board are confident that now is the right time to transition the water midstream company’s leadership to the “next generation of talent.”
Select Energy Services helps ease pressure on market storage limitations for oil producers with modified above-ground storage tanks historically used for water storage.
De Nora Neptune recycles produced water and disinfects frac water by manufacturing bleach onsite. Now, they are using that same method to fill the shortage of disinfectants for the general public.
Creative approaches to water management are helping shift the production paradigm in the Permian Basin.
A new technology helps oil and gas operators reduce injections by up to 90%.
The requirements for efficiently managing produced water from oil and gas operations are shifting as volumes increase.