News

Permits with Well Pad Development in the Permian Down 26% in April 2022

Permits with Well Pad Development in the Permian Down 26% in April 2022

May 13, 2022

April 2022, in the Permian Basin, DirtWork AlertTM detected 317 permits on 250 well pads currently under construction or completed. The number of permits with active pad development fell by 25.6% vs March 2022. Conversely, the total number of pads associated to these permits increased from 143 in March to 250 in April (+74.8%). Many […]

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Bloomberg Cites Sourcenergy in Permian Seismicity Concerns

Bloomberg Cites Sourcenergy in Permian Seismicity Concerns

May 3, 2022

Fracking Boom Turns Texas Into Earthquake Capital of the U.S.   Source: Bloomberg.com, April 29, 2022, Sergio Chapa and David Wethe report on seismicity concerns in the Permian Basin   Read the complete article on Bloomberg.com The article includes input from a variety of players. State regulators, environmental organizations, scientists, and independent oil & gas […]

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Midland Reporter-Telegram: Sourcenergy Reports Jump in Drilling Pad Activity

Midland Reporter-Telegram: Sourcenergy Reports Jump in Drilling Pad Activity

April 26, 2022

Mella McEwen, Oil & Energy reporter with the Midland Reporter-Telegram (MRT.com), cites Sourcenergy in an April 25, 2022 article on oil and gas trends in the Permian Basin. Go to MRT.com for full story A few interesting quotes from the article include: “The company’s (Sourcenergy) blog post said there are 426 permits on 143 well […]

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Permian Basin: Permits with Well Pad Development Up 35% in March 2022

Permian Basin: Permits with Well Pad Development Up 35% in March 2022

April 19, 2022

March 2022, in the Permian Basin, DirtWork AlertTM detected 426 permits on 143 well pads currently under construction or completed. Permits with active pad development are up 35% vs February 2022. The total number of pads associated to these permits increased from 85 in February to 143 in March (+68%). Many drilling permits are filed […]

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Plans for new SWDs in the Permian are Remain Steady in March 2022

Plans for new SWDs in the Permian are Remain Steady in March 2022

April 14, 2022

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 […]

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Strategies for Defending Permian Assets in the New Seismic Landscape(Video, Pt. 3) Oilfield Water Markets Conference

Strategies for Defending Permian Assets in the New Seismic Landscape(Video, Pt. 3) Oilfield Water Markets Conference

April 6, 2022

Watch the Video Welcome to the final video installment of the Oilfield Water Markets Conference presentation that took place in Dallas, TX, March 2022.  In this last session, Part 3 of 3, you’ll learn practical strategies for defending assets, mitigating risk and finding opportunities in the new seismic landscape. In this segment you get actionable […]

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SPE Permian Basin Talks Seismicity Concerns with Sourcenergy CEO Josh Adler, Apr 13th, Midland Petroleum Club

SPE Permian Basin Talks Seismicity Concerns with Sourcenergy CEO Josh Adler, Apr 13th, Midland Petroleum Club

April 1, 2022

The SPE Permian Basin Reservoir Study Group is hosting a luncheon at the Midland Petroleum Club on April 13, 2022, 11am-1pm. The topic for the luncheon, “What’s Shakin’ Basin?” will feature Josh Adler, Founding CEO, Sourcenergy and Laura Capper, CEO, EnergyMaker’s Advisory Group. REGISTER The presentations will be focused on the commercial impacts of Seismic […]

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The Commercial Impact, Company by Company, of TX Seismic Response Areas – Part 2 of 3, The Oilfield Water Markets Conference (video)

The Commercial Impact, Company by Company, of TX Seismic Response Areas – Part 2 of 3, The Oilfield Water Markets Conference (video)

March 28, 2022

Watch the Video This is Part 2 of the Oilfield Water Markets Conference that took place in March 2022 in Dallas, TX.  Over 320 attendees plus speakers and presentations from leaders in the water midstream and water oilfield services made this a very informative event. Sourcenergy Presents Seismic Response Areas (SRA) and the Art of Seismic […]

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