Creative approaches to water management are helping shift the production paradigm in the Permian Basin.
With returns in question, operators look to divest cost-prohibitive operations.
Upon closing of the acquisition, WaterBridge will handle all of Centennial Resource Development's produced water in the southern Delaware Basin.
NGL Energy Partners recently signed separate, long-term produced water transportation and disposal agreements with two large, investment-grade producer customers in the Delaware Basin.
Layne Water Midstream now has additional exclusive rights regarding reuse and disposal of produced water in the Delaware Basin located on Texas GLO’s roughly 88,000 acres in Reeves and Culberson counties.
Price Moncrief, a seasoned finance and corporate executive who previously worked for Concho Resources, will lead OWL’s strategic financial management as the company continues its expansion in the Permian Basin.
The dialing in of optimal completion designs by operators is keeping sand and water providers busy right-sizing their logistical response.