Service & Supply | General News | Water Treatment | Service contract award | Water Managment & Disposal
San Mateo Expanding Delaware Water Disposal Footprint; Inks Service Deal with Marathon
San Mateo Midstream has reported an update on its facilities as well as a new service agreement with Marathon Oil.
Two New Delaware Basin Salt Water Wells
San Mateo has started drilling its fourth commercial salt water disposal well in Eddy County, New Mexico and expects to begin drilling a fifth commercial salt water disposal well in Eddy County, New Mexico later in the second quarter or early in the third quarter of 2018.
Marathon Agreement
San Mateo Midstream's water services branch, Black River Water Management, has inked a long-term agreement with a subsidiary of Marathon Oil relating to the gathering and disposal of Marathon Oil's salt water. The agreement includes the dedication of over 65 wells, which are located within five miles of San Mateo's existing salt water gathering system in Eddy County, New Mexico.
More Partnerships News

Diversified Energy and Carlyle Forge $2 Billion PDP Partnership
On June 24, 2025, Diversified Energy Company PLC and global investment firm Carlyle announced a landmark partnership to invest up to $2 billion in proved developed producing (PDP)…

Helmerich & Payne Partners, Invests in Abu Dhabi's ADNOC Drilling
Helmerich & Payne and The Abu Dhabi National Oil Company (ADNOC) (and its subsidiary, ADNOC Drilling) have announced a strategic alliance, that will see ADNOC Drilling acquire eight…

Chesapeake, Project Canary Partner for RSG Project in the Marcellus, Haynesville
Project Canary and Chesapeake Energy Corp. launched a pilot partnership to produce certified responsibly sourced natural gas (RSG) at select well pads in the Marcellus and Haynesville shales.…

Shell / YPF to Renew Vaca Muerta Development Plan for 2021
Back in 2017, Shell and YPF signed an agreement to develop the Vaca Muerta. The companies reported an update on its program in the play, commenting that the…

NGL Energy Partners Signs Water Management Agreement with XTO/Exxon
NGL Energy Partners signed a Partnership and has begun receiving produced water from XTO Energy’s (a subsidiary of ExxonMobil Corp.) Poker Lake Development in the Delaware Basin. These…
Permian News

Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…

These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…

Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…

Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…

Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…
Permian - Delaware Basin News

Permian Resources to Grow Production 6% in 2026
Permian Resources exited 2025 as the largest pure-play Delaware Basin operator with ~480,000 net acres and >105,000 net royalty acres. The company averaged 392.6 MBoe/d in 2025, including…

Battalion Oil Closes ~$60M West Quito Draw Asset Sale
Battalion Oil Corporation has closed the sale of its West Quito Draw assets in the Southern Delaware Basin to MCM Delaware Resources LLC, a subsidiary of MCM Energy…

Deal Rumor: ConocoPhillips Exploring $2B Permian Asset Sale
ConocoPhillips is reportedly exploring the potential sale of certain Permian Basin assets in a transaction valued at approximately $2 billion, according to Reuters, citing sources familiar with the…

This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…

A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…