To support growth initiatives in the Permian Basin, Blackbuck Resources recently added Barry Portman, previously with Pioneer Natural Resources, as COO and Battlecat Energy Partners’s Jamie Liang as CFO.
Oilfield Water Logistics (OWL), a leading provider of produced water infrastructure solutions in the Permian and Powder River Basins, on Jan. 6 acquired a portfolio of operating assets in New Mexico (the System) from a major Permian Basin oil producer (the Seller), including 23 saltwater disposal wells and 300 miles of water gathering pipelines.
Amid growing calls for action to fight climate change, oil and gas companies are ramping up efforts toward environmental and community stewardship.
Gradiant Energy Services recently completed a successful evaporative disposal pilot project for an unnamed supermajor in the Permian Basin.
Gravity completed the acquisition of On Point Oilfield Holdings, creating the largest commercial produced water disposal company by injection volumes in the Midland Basin.
Today’s featured Forty Under 40 honoree is Justin Love, who founded Blackbuck Resources, a midstream water solutions firm that designs, builds and operates water infrastructure in Texas and New Mexico.
With the Eagle Ford Shale expansion, Wyatt Water Solutions also rebranded under Goodnight Midstream.
Producers and water midstream operators must cooperate closely to get the job done, says executives at the Executive Oil Conference Water Forum.
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.
Gravity’s acquisition of On Point will create the largest commercial produced water disposal company by injection volumes in the Midland Basin.