Oilfield wastewater disposal volumes are expected to double in the Permian Basin within the next two to three years, a new analysis from global energy intelligence firm Wood Mackenzie shows. As drilling activity continues to expand in the arid region between West Texas and southeastern New Mexico, hydraulic fracturing has resulted in growing challenges in sourcing water and what to do with wastewater...
MIDSTREAM UPDATE AUGUST 24 2018 Diamondback said they would conduct an IPO to raise $100 million for its subsidiary, Rattler Midstream, which provides oil, gas and water gathering services to Diamondback. In addition to the money raised in the IPO, Diamondback is contributing 248 miles for conveyance of flowback and produced water and 80 miles of pipeline for fresh water. This gives Rattler Midstream the...