Monday, December 23, 2024
Oil & Gas 360 - KLX Energy Services Completes Motley Acquisition

Evolution Well Services to Expand NatGas Electric Pressure Pumping Fleet with Capital from Orion Energy Partners

From Business Wire Orion Energy Partners, L.P. (“Orion Energy”) announces the closing of a delayed draw, senior secured term loan to Evolution Well Services Holdings, LLC (“Evolution”), a provider of leading edge, electric powered pressure pumping. Funds from this facility will support Evolution’s expansion of additional electric powered pressure pumping fleets for some of the largest onshore oil and gas

Oil & Gas 360 Exploration & Production

Rising Tide of Produced Water Could Pinch Permian Growth

From the Journal of Petroleum Technology As oil production rises in the Permian, the even larger volumes of water from those wells is becoming a pressing problem for many operators, particularly those drilling in the wetter western half of the basin. Over time the cost of producing a barrel of oil could include a $3–6/bbl water disposal cost, according to