Posts

,

Water Disposal Stands Out in the Growing US Onshore Upstream Water Lifecycle Market

IHS Markit estimates the US oilfield water management to be valued at around $37 billion in 2019, representing a 12% year-on-year (y/y) market growth from 2018; this is mainly driven by water disposal and water logistics. The Permian Basin…
,

No Free Lunch – The Water Challenges Facing Operating Companies in the Permian Basin

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…

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…