$100 million. That’s the amount 17 companies have committed to supporting communities across the Permian Basin for the BASICS needed to maintain and strengthen the oil and natural gas region. A letter published in the Midland Reporter-Telegram, states that these multi-billion dollar companies are usually competitors, but “a once-in-a-generation opportunity has brought us together for a common purpose — to strengthen the communities where we live and work.”Among the items noted for funding are infrastructure and quality of life, including: “…safer roads, superior schools, quality health care, affordable housing and a trained work force.”The Permian Strategic Partnership, as the group is named, [...]
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The 98th Meridian Foundation seeks to fortify the NEXUS of, water-energy-land. As demand increases for Texas resources, additional attention should be given to creating a BALANCE of these three critical components. Produced water refers to the ancient seawater that is naturally occurring deep underground and is recovered during oil and natural gas production. The underground formation can be a valuable resource to the oil & gas industry and the people and businesses that benefit from its extraction. But it should be noted: Produced water is a natural, ‘living infrastructure’, critical to maintenance and sustainability of the land. Properly managed and deployed, [...]
Here at the Foundation, we tout the NEXUS of, water-energy-land. Additionally, focus in each area is important to gaining a more complete understanding of each component of the nexus. PRODUCED WATER is one example, and it continues to gain attention largely due to important, positive technology and process developments. Just last month, the Produced Water Society held one of its annual events in the Permian Basin, Midland, Texas. The event noted that the industry was at a point of evolution in water management for the unconventional oil and gas sector – a positive, decisive point. The Society stated, “The imperative to [...]
There are a growing number of companies – large and small – focused on creating technologies that work to better manage our water across many uses and industries. The 98th Meridian Foundation is focused on supporting nexus solutions in Texas. For that reason, we would like to see more technology innovation occur IN Texas – supporting our communities and economy. With a focus on the nexus of water, energy and land, the Foundation is watching technology developments for produced water, in particular. We believe produced water can be an asset, rather than a liability. The oil & gas industry is seeking [...]
The 98th Meridian Foundation looks to many trusted sources in the oil & gas, environmental and water industries for insight and analysis – helping inform direction and directives in pursuit of our mission to strengthen the productive, collaborative nexus of: water-energy-land in Texas. We have referred readers to our friends at SPLASHLINK in the past, and we want to make you aware of their latest: The just-released, “2018 Q2 Water Report”. The 98th Meridian Foundation was very interested in SPLASHLINK’s Q1 report. It included a Texas ‘nugget’ of information: “Texas alone comprised 9 percent of the total US demand for water-related [...]
The National Energy Technology Laboratory (NETL) re: Produced Water, states: "States, local governments and shale gas operators seek to manage produced water in a way that protects surface and ground water resources and, if possible, reduces future demands for fresh water. By pursuing the pollution prevention hierarchy of "Reduce, Reuse, and Recycle" these groups are examining both traditional and innovative approaches to managing shale gas produced water." An overview of the federal activity related to PRODUCED WATER can be found here - LINK HERE. NETL also points out that, "Steadily growing demand for energy requires greater water use [...]
The 98th Meridian Foundation is promoting responsible use and reuse of our precious resources, with an eye on creating a NEXUS - a balance of use between water, energy & land in Texas. BUT...we can't do this alone! Individuals should consider becoming involved in drawing attention to the importance of managing our very important resources. Engaging communities in these type discussions will work to create economically viable solutions. And individuals should take responsibility for their own use of these same resources. We must ALL be involved - finding solutions that are sustainable. One way to start YOUR involvement: American Water Works [...]
The 98th Meridian Foundation continues its work in review of opportunities associated with creating a sustainable nexus between: water, energy & land. While challenges remain, the Foundation believes recycling and reuse of produced water is part of the solution to securing water for our future. A new report by, XPondence Research examines the MARKET for Produced Water - CLICK HERE for more information.
The 98th Meridian Foundation is focused on supporting the NEXUS of water-energy-land - creating market-driven solutions that result in sustainability of all. SplashLink. We are pleased to spread-the-word via our friends at SplashLink. Our thoughts are on their blog this month! CLICK HERE to read what we're thinking, and then we encourage you to explore the SplashLink website to learn more about all of the great work they're doing!
The 98th Meridian Foundation is very interested in progress related to improving our water infrastructure. Just out is the Q4 Water Sector Report - researched and organized by the firm, SplashLink. It is fairly comprehensive and is a component of what will be the forthcoming, 2017 Annual Water Sector Report. At 98th, we believe the compilation and review of information and data from multiple sources is critical to making informed decisions. TO LEARN MORE, CLICK HERE FOR SPLASHLINK.