Entries by buyadmin

Permian Needs $9 Billion Worth of New Wells—But Not for Crude

As much as $9 billion will be needed over the next decade just to throw away dirty water in the world’s busiest shale field, according to Raymond James & Associates Inc. The scale of the challenge is mind-boggling: drillers typically pump 30 Olympic-sized swimming pools of water into an oil well to fracture the surrounding […]

Integration, Collaboration Drive Water Midstream Growth in Permian

Finding commercially viable solutions for handling produced water has become an urgent challenge for operators in the Permian Basin. As production ramps up and the saltwater disposal (SWD) well capacity gets strained to its limit, there is a greater need for operators and service companies to develop collaborative water management methods that may ensure a […]

Pump it Up: Best Bets for Moving Produced Water

Whether for disposal or water recycle, help is available for specifying the right pump for the job. New trends have emerged in the world of water management for domestic oil and gas production as more companies look for ways to recycle produced water in lieu of injection into salt water disposal (SWD) wells. For recycling […]

WaterBridge Resources Acquires Halcon & NGL Assets in the Permian Basin

WaterBridge Resources LLC Announces $800 million Debt Facilities to Fund Water Infrastructure Acquisitions from Halcón Resources Corporation and NGL Energy Partners LP and to Support Ongoing Organic Growth HOUSTON, Dec. 21, 2018 /PRNewswire/ — WaterBridge Resources LLC (together with its subsidiaries, “WaterBridge”) announced today that its subsidiary WaterBridge Operating LLC has entered into $800 million of debt facilities led […]

Investment Platform Coming Soon!

BuySWD.com is creating a new investment platform to provide qualified investors with the opportunity to purchase fractional interest in profitable saltwater disposal properties. The new platform will “cherry-pick” high quality assets from the BuySWD.com inventory. Select SWD’s must meet strict investment criteria before being accepted into the SWDInvest.com portfolio. The first property we will be […]

Water Midstream Business News

MIDSTREAM UPDATE AUGUST 24 2018 Diamondback said they would conduct an IPO to raise $100 million for its subsidiary, Rattler Midstream, which provides oil, gas and water gathering services to Diamondback. In addition to the money raised in the IPO, Diamondback is contributing 248 miles for conveyance of flowback and produced water and 80 miles […]

New Mexico is Booming!

New Mexico oil production is booming at levels never before seen in state history, pushing output last year to an all-time record of 171 million barrels, according to the latest statistics from the state Oil Conservation Division. That’s more than double the 85 million barrels the state produced in 2011, when modern drilling technology began […]