Houston Chronicle: Sourcewater to Use Cell Phone Data, Machine Learning to Predict Permian Basin Activity

June 14, 2021 — Houston Chronicle, Shelby Webb, Staff writer Market intelligence company Sourcewater this week unveils a new product that will offer near real-time tracking of fracking projects and movement in the Permian Basin. The Houston company will use anonymized cell phone data, satellite imagery, government records and machine learning to track activity across […]

Permian Sees 33% Increase in New Plans to Build SWDs in May 2021

Plans to drill new SWDs in the Permian are on the rise for the third month in a row. Public notices and pre-permit filings signaling intent to drill new injection wells in the Permian Basin are up 33% in May 2021 vs April 2021.  Top E&P’s driving this activity include: Anthem Water Solutions Occidental Permian […]

New Well Pad Activity in the Permian Up Over 2x in May 2021

In May 2021, Sourcewater DirtWork Alert detected 849 new well pad developments in the Permian Basin. That’s up over 2x from the 386 detected in April 2021. Top E&Ps driving this activity include:— EOG Resources— Pre-Ongard Well Operator— Pioneer Natural Resources— Mewbourne Oil Company— Blackbeard Operating For a complete and detailed list of the operators […]

Get Ahead of the Rig — See New Well Pad and Frac Pond Development Ahead of Spud and Permit — Download Whitepaper

How DirtWork Alert helps you see well pad and frac pond activity months ahead of permits and spud   Sourcenergy has developed and patented DirtWork Alert™ (DWA), a system for detecting oilfield activity in satellite imagery. We identified and analyzed every well pad, drilling permit and spud (drilling start) in the Permian Basin in 2018 […]

April 2021 Shows New Well Pad Activity Down 39% from March 2021

In April 2021, Sourcewater DirtWork Alert detected 292 new well pad developments in the #PermianBasin. That’s down from 481 (-39%) in March 2021. Top E&Ps driving this activity include:— Blackbeard Operating— Endeavor Energy Resources— Pioneer Natural Resources— WPX Energy Permian— Burlington Resources Oil & Gas REQUEST A DEMO For more details about getting new well […]

Society of Exploration Geophysicists host Energy in Data Conference with Josh Adler, CEO, Sourcewater presenting on the Digital Revolution in Upstream Energy

Artificial intelligence, machine learning and geospatial big data are changing how we collect, process and interpret upstream oil and gas data and turn it into actionable intelligence. At the Energy in Data conference (hosted by the Society of Exploration Geophysicists, Apr 12-13, 2021) our own Josh Adler, CEO, Sourcewater, presented on a variety of topics […]

Allied Energy Corp. Secures Oil Cat Energy Services Filing for SWD Permit in Green Lease

Allied has secured Oil Cat Energy Services for the filing of the necessary Underground Injection Permit for saltwater injection for the Green lease. Allied will use Oil Cat Energy Services as the go-to solution for surveying the plat for the precise injection well location, for securing the drilling permit for the injection well, for engineering […]

Plans for New SWD and Injection Wells in Permian for Q1 2021 vs Q1 2020

Before any permit for a new salt water disposal or injection well can be filed in Texas or New Mexico a public notice of intent is required to be published for public viewing and comment. One of Sourcewater’s unique data gathering capabilities is a patented system for scraping over 1,000 local news publications daily to […]

Solaris Water Makes Landmark Issuance with the First Sustainability-Linked Bond in Produced Water Infrastructure Industry

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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