The resource abundance in the US of the past decade came from the relentless drive to perfect the application of horizontal drilling and hydraulic fracturing techniques. Operators and service companies now have a very good handle on these upfront inputs, but it still seems that no one truly understands how to manage all the outputs. Water can be considered a waste stream of the oil production process,...
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 secure long-term future in the region. The...
OKLAHOMA CITY, May 6, 2019 /PRNewswire/ -- Bison, Oklahoma's largest water infrastructure, logistics and solutions provider, today announced its acquisition of Cobalt Environmental Solutions ("Cobalt"), a leading water disposal business in the SCOOP and Merge plays of Oklahoma's Anadarko Basin. Bison anticipates all Cobalt employees will remain with the company, including Patrick Brandt, CEO...
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...
Article By: Pam Boschee, Senior Editor | 04 October 2017 - Society of Petroleum Engineers As Permian Basin production has grown, so too has the demand for fresh water, transport, and disposal of waste water. Bloomberg recently reported that the average Permian well pumps 7 barrels of dirty water for 1 bbl of oil and put the service cost of water disposal at about $1.50 to...