News
See the demo voted “Best in Show” by Digital Wildcatters 2021 Evolve Conference
We are proud to announce that at the March 2021 Digital Wildcatters’ Evolve Conference, after watching demos from many of the top technology companies in the upstream energy space, Wildcatter Nation voted the Sourcewater WaterMap demo “Best in Show.“ If you weren’t one of nearly 2,000 people to attend the best virtual event of the…
Read MoreSourcewater Director of Geoscience Contributor to TexNet 2020 Report on Seismic Monitoring in Texas
Seismic activity is a real concern for our industry. At Sourcewater we understand seismic risk and the importance of managing that risk. It is a serious concern for E&P’s, water disposal companies and water pipeline infrastructure. That is why we are proud of our Director of Geoscience, Casee Lemons, who is a contributor to the…
Read MoreDigital Wildcatters Highlight Sourcewater Platform in Evolve Virtual Event (video)
On March 10, 2021, Sourcewater founder and CEO Josh Adler presented a demonstration of their platform at the Digital Wildcatters virtual event: Evolve – The Next Evolution of Oil & Gas. In this informative video you’ll see how Sourcewater can help: Water midstream, disposal, recycling and OFS companies find more water business from E&P’s Mineral…
Read MoreFreightWaves: Sourcewater Leads Upstream Firms with Geospatial Data, Artificial Intelligence and Machine Learning
Watch this informative video interview from the Digital Wildcatters and FreightWaves virtual event: Evolve – The Next Evolution of Oil & Gas. The discussion with Josh Adler, founder and CEO of Sourcewater, and host Max Gagliardi, co-founder of Ancova, covers topics including: The cost of moving water and how to improve efficiency and identify new…
Read MoreCreating Holistic Energy Intelligence With AI
Originally posted on YouTube by Digital Roughnecks Mark Smith of Digital Roughnecks sits down with the CEO of Sourcewater, Josh Adler. At the start, Sourcewater aimed to map and market the water needed in hydraulic fracturing. Today, Josh and his team have created AI and machine learning technologies capable of mapping nearly every commodity and…
Read MoreWater Midstream News: Pilot Water Solutions Acquires Felix Water
Pilot Water Solutions, LLC (PWS) cements its position as one of the largest disposal operators in the Texas Delaware Basin with the March 9, 2021 acquisition announcement of Felix Water. With this acquisition PWS adds the following: 23 disposal wells 210 mile of produced water pipeline >500,000 Bw/d of disposal Over 1,000 undeveloped drilling locations…
Read MoreAcquisition News in Water Management Space: Flex Flow is Acquired by NOW Inc.
Flex Flow, a leader in water management solutions, is being acquired by NOW Inc. in a March 1, 2021 announcement. Flex Flow, serves the Permian, Bakken/Rockies and Mid-Continent regions. This addition to NOW Inc. expands their opportunities in the saltwater disposal and water transfer market. For more details on this acquisition and Flex Flow, NOW…
Read MoreDelaware River Basin bans fracking but no decision on wastewater treatment outside the DRB
The Delaware River Basin Commission on Thursday approved a permanent ban on hydraulic fracturing of natural gas wells along the river, doubling down in the face of new legal challenges. The DRBC’s vote maintains the status quo — it formally affirms a drilling moratorium imposed in 2010 by the commission, the interstate agency that manages…
Read MoreCimarex Energy 2020 Report: $20.8 Million Investment in SWD
The latest report from Denver-based Cimarex Energy Co. shows a total investment of $577.2 million in 2020. Of that, 93 percent was invested in the Permian region and seven percent in the Mid-Continent. This total includes $20.8 million to salt water disposal. During 2020, Cimarex participated in the drilling and completion of 149 gross (51.0…
Read MoreRing Energy Investigates Commercializing SWD Infrastructure in Delaware Basin
Ring Energy released information today about their fourth quarter 2020 operational and financial results. In addition, they provided some insight into 2021 initial plans including its new strategic vision focused on cost reductions, cash flow generation and capital discipline. Of most interest to the water management services community is the announcement of their investigation into…
Read More