B3 Insight
Last weekend, two notable earthquakes were recorded ~20 miles north-northwest of Carlsbad, New Mexico (M4.0 on Friday, February 23rd and M3.9 on Saturday, February 24th). Based on the New Mexico Oil Conservation Division’s Seismicity Response Protocol, these events are expected to trigger new injection restrictions and monitoring/reporting requirements around the earthquake epicenters. Most notably is cessation of water injection within 3 miles of the seismic events, a 50% reduction in injection rate between 3 and 6 miles from the events, and a 25% rate reduction between 6 and 10 miles. While not yet officially released, B3 expects the boundaries noted to roughly conform with those of the “Notional Updated Restriction Area” shape shown in the map image below.
To learn more about regulatory response to Permian Basin seismic activity, we invite you to download the Permian Basin Seismic Response Area and Operator-Led Response Plan Summary: https://hubs.li/Q02mxTcH0
12/27/2023
Complimentary Report: New Mexico Produced Water Reuse Benchmark
Are you keeping up with the latest trends in water reuse?
Leading E&P companies in the northern Delaware Basin of New Mexico are changing the way we think about water management. Our New Mexico Water Reuse Benchmark Report offers an in-depth look into their strategies, revealing usage patterns and innovative practices.
This , seize the opportunity to benchmark your company’s water management practices against the top players in the Permian. Subscribe to the complimentary report and get exclusive quarterly updates.
Get your copy today: https://hubs.li/Q02dk0VH0
12/15/2023
Did you know the Permian Basin has injected a staggering 35 billion barrels of produced water underground since the US shale revolution began? That’s equivalent to 1.5 trillion gallons, or the entire volume of the largest lake in Texas, the Toledo Bend Reservoir.
Discover how this massive water disposal is impacting today’s water and pressure management. In a recent article featured in JPT, Rob Bruant offers an in-depth analysis on produced water disposal and its implications on formation pressure and seismicity in the Permian Basin today.
🔗 Read the full article: https://hubs.li/Q02d4ph60
The Growing Pressures of Produced Water Disposal B3 Insight examines the growing pressure of Permian Basin produced water disposal trends, seismicity concerns, and RRC regulations for oil and gas.
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