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Solaris Midstream Holdings has completed the issuance of $400 million in senior unsecured notes in a landmark issuance, pioneering the first sustainability-linked bond (SLB) in the produced water infrastructure industry. The notes adhere to Solaris Water’s sustainability-linked bond framework, which is consistent with the voluntary Sustainability-Linked Bond Principles issued by the International Capital Market Association…

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Sourcewater Satellite imagery

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…

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Pilot Water Solutions

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…

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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…

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Ring Energy

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…

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