News

AFP cites Sourcenergy in Seismicity Concerns in the Permian

AFP cites Sourcenergy in Seismicity Concerns in the Permian

February 9, 2022

The American Foreign Press (AFP) and France 24 report on fracking, injection wells, earthquakes and seismicity in their article “Shaken by Fracking Quakes, Texas is Forced to Act”. Read the complete article below (or go to France 24)   Houston (AFP) – “You get used to it. The walls shake,” says Sam, a resident of Midland, […]

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Houston Chronicle Cites Sourcenergy: The Cost of Dealing with Permian Earthquakes

Houston Chronicle Cites Sourcenergy: The Cost of Dealing with Permian Earthquakes

January 31, 2022

The Houston Chronicle featured this story about induced seismicity concerns in the Permian Basin and its impact on the oil and gas industry in their January 28, 2022 edition. Read the full story below: Insight: The cost of dealing with Permian earthquakes Paul Takahashi, Staff writer, Houston Chronicle Permian oil producers are facing hundreds of […]

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Wall Street Journal Features Sourcenergy on Permian Induced Seismicity

Wall Street Journal Features Sourcenergy on Permian Induced Seismicity

January 18, 2022

This article is from the January 18, 2022 edition of the Wall Street Journal by Collin Eaton. —WSJ Subscribers can read the article here —Or you can read the entire article below: Texas Earthquakes Prompt New Fracking Rules Frackers need to find a new home for wastewater as the state acts to stem rising seismic […]

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Pre-Drilling Activities in the Permian Up 8.5% in December 2021

Pre-Drilling Activities in the Permian Up 8.5% in December 2021

January 13, 2022

Analysis from Sourcenergy DirtWork AlertTM detected an increase of 8.5% in pre-drilling activity in the Permian Basin in December 2021 compared to November 2021. 713 oil & gas pre-drilling activities were detected in December compared to 657 in November.  These detections include well pad and frac pond developments, and in many cases, are discovered before […]

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Permian Basin Pre-Drill Activity Detections Increase 6% in November

Permian Basin Pre-Drill Activity Detections Increase 6% in November

December 10, 2021

Analysis from Sourcenergy DirtWork AlertTM  detected a 6.3% increase in pre-drilling activity in the Permian Basin compared to October 2021. 657 oil and gas pre-drilling activities were detected in November compared to 618 in October.  These detections include well pad and frac pond developments, and in many cases, are discovered before a permit has been […]

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Plans and Indicators to Drill New SWDs Down 36% in November 2021

Plans and Indicators to Drill New SWDs Down 36% in November 2021

December 9, 2021

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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TXOGA Energy Forum Features Sourcenergy at First-Ever Technology Showcase

TXOGA Energy Forum Features Sourcenergy at First-Ever Technology Showcase

December 7, 2021

Sourcenergy was selected to present at the TXOGA Lone Star Energy Forum in Irving, TX last month. The event opened with their first-ever Technology Showcase. If you missed it you can watch the replay here. Josh Adler, CEO, Sourcenergy, provides a quick walk through of the Sourcenergy line up of services starting at 4:36. You’ll […]

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Sourcenergy Releases New Platform Features and Capabilities to Tackle Induced Seismicity Restrictions

Sourcenergy Releases New Platform Features and Capabilities to Tackle Induced Seismicity Restrictions

December 6, 2021

Sourcenergy has built in new features and capabilities into their platform to help tackle the challenges of induced seismicity and the recent Texas Railroad Commission restrictions in and around “Seismic Response Areas” (SRA). Here’s a look at the Gardendale SRA as set by the Texas Railroad Commission. The red oval lines represent the geographical Gardendale […]

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Seismicity, SRAs and Water Trends in the Permian Discussed at Hart Energy EOC in Midland

Seismicity, SRAs and Water Trends in the Permian Discussed at Hart Energy EOC in Midland

November 17, 2021

At Hart Energy’s Executive Oil Conference in Midland, November 3-4, Sourcenergy founding CEO, Josh Adler, presented a definitive look at Permian water market trends since 2020, the risks and impacts of induced seismicity in the Permian, and the benefits of using AI, satellite imagery and GPS data for real-time tracking of well pads, frac ponds and frac crews. The […]

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