The Latest

Pair of Large Quakes Rattle Texas Oil Patch, Putting Spotlight on Water Disposal

Two large earthquakes that hit the Permian Basin, the top U.S. oilfield, this week have rattled the Texas oil industry and put a fresh spotlight on the water disposal practices that can lead to increases in seismic activity, industry consultants said on Feb. 18.

Aris CEO Brock Foresees Consolidation as Need for Water Management Grows

As E&Ps get more efficient and operators drill longer laterals, the sheer amount of produced water continues to grow. Aris Water Solutions CEO Amanda Brock says consolidation is likely to handle the needed infrastructure expansions.

Halliburton-Backed Startup Espiku Nears Water Treatment Pilot

Oregon-based Espiku, in collaboration with Halliburton Labs, aims to help drillers reuse produced water and reduce disposal. The company is scouting potential pilot project sites in the Permian Basin, Bakken and North Texas.

Aris Water Solutions’ Answers to Permian’s Produced Water Problem

Aris Water Solutions has some answers to one of the Permian’s biggest headwinds—produced water management—but there’s still a ways to go, said CEO Amanda Brock at the DUG Executive Oil Conference & Expo.

TerraVest’s Green Energy to Acquire Aureus’ Canadian Water Management Services

TerraVest Industries Inc.’s partially-owned subsidiary Green Energy Services is buying Aureus Energy Services Inc.’s water management and hot oiling services in Alberta and British Columbia.

DNOW Closes Cash Acquisition of Water Service Company Trojan Rentals

DNOW Inc.’s acquisition of Trojan Rentals LLC is its third purchase aimed at providing a holistic water management solution to the market, the company said.

LandBridge Closes Deal for 5,800 Acres in New Mexico's Delaware Basin

LandBridge said it announced or closed acquisitions totaling 53,080 acres in fourth-quarter 2024.

Water Management Called ‘Massive Headwind’ for Permian Operators

Amanda Brock, CEO of Aris Water Solutions, says multiple answers will be needed to solve the growing amounts of produced water generated by fracking.

Vivakor to Acquire Endeavor Crude Transport Cos. for $120MM

Vivakor said it is buying Endeavor Crude and related companies, which have a series of long-term strategic partnerships with customers in the Permian Basin, Eagle Ford Shale and the STACK play.

E&P Highlights: Aug. 19, 2024

Here’s a roundup of the latest E&P headlines including new seismic solutions being deployed and space exploration intersecting with oil and gas.