Reading Time: 3 minutesThe Permian Basin finished 2022 with a shake rather than a bang. On December 12th, Midland Texas shook from a magnitude (M) 5.2 earthquake originating approximately 10 miles north of the city. Seismic events are not uncommon in the Permian Basin, events have been increasing in magnitude and frequency in recent years…
Reading Time: 5 minutesTake a drive on U.S. Highway 285 southeast from Carlsbad, N.M., heading to Pecos in West Texas and you’ll be driving atop a portion of the largest proven oil reserves in the United States. Along the drive, much of the scenery will look the same. Drilling rigs are numerous and tower high above thinly rooted desert shrubs. Above-ground pipeline and power line easements….
Reading Time: 2 minutesAs a busy 2022 wound down, I finally had time to read some of the more interesting ‘things to watch for in 2023’ thought pieces sitting in my inbox. Continued capital discipline as the key indicator of good governance; seismicity; China-India-Russia in the global crude market; ESG is not dead, just changing…
Reading Time: 2 minutesB3 Insight’s comprehensive water data offering for Wyoming is a unique, first of its kind dataset and integrates data for injection wells, production sites, water rights and land parcels in addition to many water management layers…
Reading Time: 6 minutesA 5.4M earthquake was recorded in Reeves County on November 16, 23 miles southeast of Mentone, TX, within the North Culberson-Reeves 4.5km Seismicity Response Area (SRA) boundary. According to the United States Geological Survey (USGS) this is the strongest earthquake to occur in Texas since 1995, and is about six miles from the 4.9M event that occurred on March 26, 2020…
Reading Time: 2 minutesWe are days away from the release of our data set for Wyoming – the first of its kind. In Wyoming, water sourcing is equally or in some cases more important than produced water disposal options…