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Texas Supreme Court rules produced water belongs to mineral lessee

Permian Basin Oil and Gas Magazine

COG Operating announced June 27 resolves a contentious dispute between surface estate owners and mineral estate holders “with far reaching implications for the water midstream sector and upstream oil and gas industry.” COG said it owned the produced water and sued, the trial court agreed with COG, and the court of appeals affirmed.

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Reusing produced water

Oilfield Technology

This led to a new midstream water industry developing almost overnight to treat and move PW around the shale play. Similar to the experience in the Marcellus, a midstream PW management industry popped up quickly to respond to the operator’s need for PW treatment and logistics. Venture capital money flowed in.

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Riley Permian acquires Silverback Exploration in Eddy County

Permian Basin Oil and Gas Magazine

Riley said May 7, This acquisition adds significant long-term upstream development potential and supports our prior decision to invest in gas midstream infrastructure in the region… This year we are prioritizing the acquisition and preservation of high-quality inventory over the conversion of inventory to production.

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Movers and Shakers

Permian Basin Oil and Gas Magazine

24 that Clay Neff, its President/International Exploration and Production, was named President/Upstream, effective July 1. With 24 years of broad experience in the energy industry, Wang will focus on expanding the firms service lines in Upstream, Midstream, and Energy Components.

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Company Sets Itself to “Reshore” Oilfield Chemicals

Permian Basin Oil and Gas Magazine

Centrium offers domestically sourced raw materials for upstream and midstream applications, including demulsifiers, corrosion inhibitors, paraffin dispersants and more. The post Company Sets Itself to Reshore Oilfield Chemicals appeared first on Permian Basin Oil and Gas Magazine. For more information, visit CentriumEnergy.com.

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IMP presenta dispositivo para alcanzar 1.8 millones de barriles diarios en Pemex

Oil & Gas Magazine

El Mejorador de Patrón de Flujo tipo Venturi del IMP está diseñado para optimizar los procesos de extracción de petróleo y gas, a la par que garantiza la seguridad y preserva la integridad de tuberías, equipos e instalaciones de Petróleos Mexicanos En el marco del evento “ Impulsando la creatividad y el futuro de México ”, para entregar el Premio IMPI (..)

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Deuda real de Pemex podría superar el billón de pesos

Oil & Gas Magazine

Pemex reconoce adeudos por 506 mil mdp, pero fuentes estiman que podran superar el billn al incluir servicios no facturados. Empresas enfrentan quiebra inminente. Petrleos Mexicanos (Pemex) reconoci de forma oficial una deuda con sus proveedores de 506 mil millones de pesos.

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