The Colorado Supreme Court’s ruling on May 2nd that struck down bans and moratoriums on fracking has assured two things: one, a fight about fracking at the ballot box, and two, be on the lookout for other creative production-halting threats. Where are oil and gas companies getting their water from? Is it from a secured, legal and reliable source that know won’t be changing?
What if an oil and gas operator purchases water knowing that the seller deceptively purchased it for agricultural use? Does it make a difference if the operator is unaware of any deception, but knows that the water isn’t approved for industrial use? Water Sage tackles the question of stolen water in Colorado.
A few weeks ago, the Montana Dept. of Natural Resources granted the first temporary lease of water under the new Section 85-2-427, MCA statutory process. The process was created to expedite water leasing for oil and gas development. The Water Sage team is excited to share insights and analysis of policy developments as Western states adapt their legal frameworks to facilitate transactions around water resources.
Water use in the oilfield is the center of one of the most contentious debates in energy. The complicated nature of the oilfield water lifecycle is a key reason for concerns about how much water gets used to produce oil and gas. This is the first in a series of posts in which we will shed some light on how water gets used in oil and gas production and how new technologies are changing the lifecycle of water in the oilfield.