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. Only Sourcenergy captures and tracks these notices which provides insight into future drilling plans ahead of the drilling permit.
Sourcenergy reports a drop of 36% in the number of public notices of intent to drill new SWD wells in the Permian Basin for the month of November 2021 vs October 2021. November totals come in at 41 vs 64 in October.
That is the lowest number since June 2021 and may be a attributed to new restrictions by the TX RRC regarding induced seismicity, produced water volumes and the implementation of Seismic Response Areas (SRA).
Most of the change is in Texas going from 63 notices in October to 38 in November. New Mexico actually rose by two notices to a total of three.
Here are the top 10 operators driving these plans for new injection and SWD wells:
- Kinder Morgan
- APC Water Holdings
- Waterbridge Stateline
- Cimarex Energy
- Point Energy Partners Petro
- XTO Energy
- Beryl Oil and Gas
- FDL Operating
- Blackbuck Resources
Counties expecting these new SWDs include:
- Lea, NM
Top formations include:
- Delaware Mountain Group
- Cisco/Canyon Reef
- San Andres
- Canyon/Cherry Canyon
- Clear Fork
Sourcenergy SWD Pre-Permit Alert allows you to track, monitor and analyze these plans and intent to drill new SWD and injection wells. Our data includes operator, lease, location, formation, well specifications and other details for these new well development plans.
To understand more how Sourcenergy can help you identify these business development opportunities, risks to your wells or track your competition request a demo of SWD Pre-Permit Alert.