April 2019

Permian Basin water disposal volumes expected to double by 2022

Oilfield wastewater disposal volumes are expected to double in the Permian Basin within the next two to three years, a new analysis from global energy intelligence firm Wood Mackenzie shows. As drilling activity continues to expand in the arid region between West Texas and southeastern New Mexico, hydraulic fracturing has resulted in growing challenges in sourcing water and what to do with wastewater...

Layne Water Midstream receives $200 million injection to boost water management business

Houston -- Post Oak Energy Capital, LP and Genesis Park, LLC, through investment partnerships each company separately manages, has announced that they have led a $200 million equity commitment to Layne Water Midstream Holdings, LLC (LWM). Post Oak and Genesis Park acquired LWM from Granite Construction Incorporated with an additional commitment to continue to fund the company’s growth. The LWM...

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