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 information on:
- Getting ahead of the problem with planning and early warning systems
- How to contextualize seismic events
- Creative planning and design for new SWDs
- How building a better defense will provide you with a stronger offense
Over 320 professionals in the oilfield water and oil & gas industry were in attendance. In addition, there were speakers and presentations from a variety of industry leaders at this very informative event.
Sourcenergy Presents:
Practical Strategies for Defending Assets, Mitigating Risk and Finding Opportunities in the New Seismic Landscape (Part 3)
In this keynote address to the Oilfield Water Markets Conference, Sourcenergy Founding CEO Josh Adler gives the definitive explanation of Seismic Response Areas (SRAs), the commercial impacts of the new SRA restrictions company by company, and the best ways for E&P operators, water midstream companies and other oilfield services to defend their assets, mitigate risks and find new opportunities in the new seismic landscape.
Induced seismicity, saltwater disposal (SWD) and the Permian Basin
3.0 magnitude earthquakes in the Permian Basin of West Texas have increased by almost 9,000% annually since 2018, causing the Texas Railroad Commission and the New Mexico Oil Conservation Division to reduce capacity at or shut-in hundreds of saltwater disposal wells (SWDs) for the first time ever. This rise of seismicity threatens the world’s most productive oilfield, the Permian Basin, just when the United States, the Western World and the people of Ukraine need it most.
Cited by The Wall Street Journal
This is the definitive analysis of Permian Basin induced seismicity and its commercial impacts by the company cited by the Wall Street Journal as the leading expert in the field.
Access to Part 1 and Part 2 of this presentation
- Part 1 Introduction to Seismic Response Areas (SRAs)
- Part 2 Operators and SWDs Impacted, Including Oil Production and Produced Water Restrictions
For more information on seismic risk management visit our Induced Seismicity microsite or email [email protected] to learn more.