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Acquisition News in Water Management Space: Flex Flow is Acquired by NOW Inc.

March 3, 2021

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…

Delaware River Basin Fracking Ban

Delaware River Basin bans fracking but no decision on wastewater treatment outside the DRB

March 1, 2021

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…

Cimarex Energy 2020 Report: $20.8 Million Investment in SWD

February 24, 2021

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…

Ring Energy

Market intelligence revolution

February 2, 2021

CONVENTIONAL OILFIELD MARKET INTELLIGENCE — knowing where other companies are drilling and how much oil and gas they are producing — relies on downloading, processing and mapping various state regulatory filings, such as drilling permit submissions and production and completion reports. These regulatory data-driven processes are at least 20 years old and often more than 40 years old.

New data platform offers surface, subsurface peek at water activity

November 18, 2020

By Mella McEwen, MRT.com/Midland Reporter-Telegram November 13, 2020   A new data platform has been launched to ease the flow of information about the water produced from Permian Basin oil fields. Sourcewater has unveiled its WaterMap, a water GIS platform that details oil, gas and disposal well permits, water transfers from every producing well, oil…

Earth X Energy – Data Science in The Energy Sector Panel Discussion

October 28, 2020

Sourcewater founder Josh Adler and Enverus founder Allen Gilmer were interviewed together for the EarthX Energy conference on October 23. They discussed the future of data science and AI in the energy sector, and how new AI-based technologies such as Sourcewater’s DirtWork Alert satellite imagery analytics can improve ESG performance in the U.S. oil and gas industry. CONTACT: Camille…

How & Why Satellite Intelligence Predicts New Drilling Earlier and Better than Drilling Permits.

October 2, 2020

Sourcewater CEO Josh Adler reveals the research and methodology behind the groundbreaking paper “Well Pads v. Drilling Permits for Predicting Spuds in the Permian Basin” and answers your questions. Sourcewater analyzed 12,854 oil and gas wells drilled in the Permian Basin of Texas and New Mexico in 2018-2019 and compared their locations and timings to…

The Minerals and Royalties Podcast

September 30, 2020

Click Here To View The Full Podcast Posted 9/30/2020 By Oil & Gas Council In this episode, Josh Adler joins us from Sourcewater to discuss how they are combining regulatory data, satellite imagery, and machine learning in their new DirtWork Alert platform to help minerals companies better detect and predict development activity in the Permian…

Four things I learned from Sourcewater’s webinar for PWS

September 25, 2020

Posted September 25, 2020 by Produced Water Society Some key takeaways from Sourcewater’s webinar “Finding and evaluating the best SWD sites”, held for the PWS community on September 22. During this month’s PWS webinar, Sourcewater director of geoscience Casee Lemons spoke about the crucial considerations that should be made when selecting locations for saltwater disposal…

DirtWork Alert: Satellite Imagery AI/ML Predicts 1 in 3 Permian Basin Oil Wells before Permits

September 16, 2020

DirtWork Alert satellite imagery predicts Permian Basin oil wells before drilling permits Posted September 15, 2020 by OA Online   Sourcewater, Inc., the technology leader in upstream energy and water intelligence, released its white paper, “Permian Basin Well Pads versus Drilling Permits for Predicting New Drilling.” The research, led by a Rice University research scholar,…

40 Houston Startups to Watch in 2020

May 4, 2020

Oil field wastewater is more often being used for drilling and fracking operations in places such as Texas’ Permian Basin, experts say, helping to preserve freshwater and to solve one of the industry’s persistent problems.

Millions of gallons of water are needed to bring into production a single well for horizontal drilling and …

Where Will All the Water Go?

May 4, 2020

Published May 1, 2020 by The Permian Basin Petroleum Association Magazine As operators in the Permian and elsewhere across the United States and around the world announce capex cuts of 50 percent or more, drilling rigs are stacking up like dry bones in the valley. A two-thirds (so far) reduction in drilling means a similar…

A message from Sourcewater CEO, Josh Adler

March 11, 2020

Dear Friends and Colleagues,   We’re all shocked at the crash in energy markets over the past week.   Producers are rushing to slash operating expenses to weather this storm, while hoping not to cripple future prospects.   For many onshore oil wells, produced water management — water hauling, transfer and disposal — is the…

A logo that reads: Houston Chronicle

Oil industry is slowly finding a use for its wastewater

February 24, 2020

Oil field wastewater is more often being used for drilling and fracking operations in places such as Texas’ Permian Basin, experts say, helping to preserve freshwater and to solve one of the industry’s persistent problems.

Millions of gallons of water are needed to bring into production a single well for horizontal drilling and …

Sourcewater launches DirtWork Alert™ Satellite Intelligence for Permian Basin Sitework

February 5, 2020

Sourcewater scans the entire Permian every 3-5 days to spot well pad construction that predicts new drilling months before permits or rigs Houston, Texas. — February 5, 2020 — Sourcewater, Inc., announced DirtWork Alert, a patented oilfield satellite intelligence service.  DirtWork Alert enables Sourcewater clients to see new Permian Basin oilfield development on the ground…

Graphic provided by Frost & Sullivan

Sourcewater Awarded by Frost & Sullivan for Its Digital Water Intelligence Platform for the Energy Industry

December 3, 2019

Read the full report here. The data-driven Sourcewater platform quantifies, visualizes and predicts oilfield water production and disposal in the Permian Basin and other U.S. shale plays SANTA CLARA, California, Dec. 3, 2019 /PRNewswire/ — Based on its recent analysis of the North American upstream oil and gas (O&G) water supply chain market, Frost & Sullivan recognizes Sourcewater, Inc. with…

Sourcewater, Inc. Announces $7.2 Million Series A Funding

September 4, 2019

Sourcewater, Inc., the leader in oilfield water intelligence, has closed a $7.2 million Series A share offering led by Bison Technologies, Marubeni Corp and major energy family offices. Houston, Texas, September 3, 2019: Sourcewater, Inc., the leading provider of oilfield water intelligence, closed a $7.2 million Series A share offering led by Bison Technologies, with major…