Reading Time: 3 minutesThere is a dilemma that must be addressed as we enter a new inning for the water management business. We operate in an industry now predicated on immediate to short-term returns on capital, yet the water issues facing the industry may dictate capital expenditures that require a longer-term perspective…
Reading Time: 3 minutesIn 2011, Oklahoma shook from the largest recorded earthquake at the time, a magnitude 5.7 event east of Oklahoma City. The event was one of many in a series of induced seismicity episodes inflicting this area of the state. The culprit – produced water injection into the Arbuckle formation. The Arbuckle formation, a Cambrian-Ordovician aged carbonate group, has significant porosity…
Reading Time: 3 minutesWhat a way to round out the quarter. The B3 team is preparing for our third annual Ripple Effects Summit and as we contemplate our
Reading Time: 4 minutesLooking to stake your claim on a little piece of Earth? How about the unoccupied pore spaces within rock formations? As carbon capture and sequestration (CCS) gains steam, the ownership of pore space…
Reading Time: 3 minutesAs I’m sitting down to write this, watching snow fall over my family’s cattle operation in southwest Montana (my deadline for this post is a great excuse for why I ‘can’t’ go out in the storm to move cows). This winter season has been a rough one for ranchers in the West. First no snow, no moisture, then way too much. The result: huge concerns about…
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…