B3 Insight

Great things happen when industry experts come together to collaborate. That was the case last week at the Society of Petroleum Engineers International Permian Basin Energy Conference. The session was moderated by B3's Brian Maxson and Hannah Chittenden of Diamondback Energy. Panelists included Jeffrey Thompson from Oxy USA, Cody Comiskey from Chevron, Annan Pascoe, PE from Deep Blue, Katie Smye from the Bureau of Economic Geology at the The University of Texas at Austin, Ted Wooten from the Railroad Commission of Texas. “Researchers have observed increases in pore pressures, by up to 1,000 psi in shallow injection strata in the Delaware Basin”, said Katie Smye. “We need more data,” said Cody Comiskey, an earth science advisor within Chevron's Mid-Con business unit’s applied reservoir management team. Policy and regulatory changes and operational changes will also be needed to address seismicity issues. “We need to think of the scale of the solution. It’s an all-of-the-above approach. Some options will be better than others, but we need to look at all options,” Comiskey said. “I do believe we can solve the seismicity issue with collaboration,” stated Jeffrey Thompson. Read the full article by Mella McEwen, Oil Editor at MRT (Midland Reporter-Telegram) to learn about the ideas and solutions discussed on the panel. https://lnkd.in/gtBCk4kb #b3insight #oilandgas #permianbasin #watermangement #producedwater #sustainability #seismicity #basinpressure

The oil and gas industry faces unprecedented challenges in managing subsurface pressures as produced water volumes continue to surge. According to the latest B3 Insight Permian Basin data, produced water volumes in the Permian Basin alone are projected to increase more than 30% by 2028. Read more about B3's latest data solution and how it can help operators mitigate risks and optimize their subsurface pressure management strategies. Blog: "Produced Water Volumes Are Soaring: Is Your Subsurface Pressure Management Strategy Keeping Pace?" 👉 https://lnkd.in/gGxMsZTw #b3insight #oilandgas #seismicity #basinpressure #pressuremanagement #technology #dataplatform #watermanagement

We are thrilled to announce that we are not only sponsoring but also exhibiting and speaking at the 2024 Oilfield Water Connection Industry Update in #Houston on October 29th at The Houstonian Hotel, Club & Spa. The event brings together thought leaders across the oil and gas industry, where discussions will shape the future of water management. Come and be part of the discussion with Kelly Bennett, B3 Co-founder & CEO, speaking on "2025 Oilfield Water Outlook" at 9:30 AM.  And don’t miss David Hicks, President of B3 Insight, who will moderate a session on "Commercial Trends in Midstream of Water" at 1:30 PM. Expert panelists include:  - Nick Patterson, CMO at Aris Water Solutions - Trace Hight , CCO at Gravity Oilfield Services - Sean Puryear, CEO at Permian Oilfield Partners Join us for insightful discussions and explore how B3 Insight’s cutting-edge data solutions empower smarter water management. We invite you to visit our exhibit and be part of these critical conversations. Don’t miss this opportunity to network with industry leaders! We’ll see you there.  https://lnkd.in/gqb_f2CN #OilfieldWater #WaterManagement #B3Insight #OilAndGas #DataDrivenInnovation

Join B3 Insight's Brian Maxson along with Hannah Chittenden from Diamondback Energy tomorrow, 10/23, as they moderate an important panel at the Society of Petroleum Engineers International Permian Basin Energy Conference. The session will bring together perspectives from a diverse set of expert panelists focused on characterizing and solving challenges associated with produced water injection. Panelists include Cody Comiskey from Chevron, Annan Pascoe, PE from Deep Blue, Katie Smye from the Bureau of Economic Geology, Jeffrey Thompson from Oxy, and Ted Wooten from the Railroad Commission of Texas. Don't miss the session: Injection, Pressure, and Seismicity in the Permian: Hall A 10:40AM – 12:10PM. #b3insight #oilandgas #permianbasin #watermangement #producedwater #sustainability #seismicity #basinpressure   https://lnkd.in/dRcEXenp

With water volumes in the Permian projected to increase by 30% by 2028, staying ahead of rising pressures is critical. Surging formation pressures risk well failures, operational bottlenecks, and infrastructure damage. With dwindling saltwater disposal (SWD) capacity in regions like the Permian Basin, operators must proactively monitor and manage subsurface pressure to prevent costly setbacks. We’ve developed SIP (Subsurface Interval Pressure) to give you the tools to predict and prevent potential drilling failures. Powered by proprietary data and advanced machine learning methods, SIP estimates formation pressures in injection-receiving formations and allows you to optimize water management strategies with unparalleled speed and accuracy. Read more about how powerful SIP can be for your operations in our newest blog post. 👉 https://lnkd.in/gGxMsZTw #b3insight #oilandgas #seismicity #basinpressure #pressuremanagement #technology #dataplatform #watermanagement

Imagine accessing intelligent data that provides updated subsurface pressures across the entire Permian Basin. B3 is proud to announce the launch of SIP, Subsurface Interval Pressure. With SIP you can be the MVP by mitigating risks, planning, optimizing water injection, and avoiding costly downtime. Some of the world’s biggest oil and gas companies trust SIP to improve operational efficiency. Join those industry leaders and get the data you need. To illustrate the power of SIP, we conducted a study utilizing B3’s proprietary data. As shallow formations in the Permian Basin fill up and pressurize, the ability to dispose of produced water and drill production wells through pressurized zones becomes more challenging. This comprehensive study explores these changes in pressure and their implications, offering critical data for the industry. Download the exclusive Permian Basin Study and see how SIP can help you make better decisions. https://lnkd.in/gMUM5Kty #b3insight #seismicity #oilandgas #data #insights #subsurface #watermanagement

Want to evaluate subsurface pressure and well designs exponentially faster and more accurately? We’re excited to announce the launch of our Subsurface Interval Pressure solution (SIP). Powered by proprietary data and advanced machine learning methods, SIP estimates formation pressures in injection-receiving formations and allows you to optimize water management strategies with unparalleled speed and accuracy. With water volumes in the Permian projected to increase by 30% by 2028, staying ahead of rising pressures is critical. SIP gives you the tools to predict and prevent potential drilling failures in near-real time! To see the power of SIP, download the technical Product Guide that breaks down the key derivative data from each model run, giving you clear definitions of dynamic and static pressure, injectivity calculations, Hazen-Williams approximations, and more. SIP coverage extends across the Central Basin Platform, Haynesville play, North Dakota Bakken play, Midland Basin and Delaware Basin.  Coverage for additional basins and horizons is under development and coming soon. Download the Product Guide here 👉 https://lnkd.in/gHMDjskn #b3insight #seismicity #oilandgas #data #insights #subsurface #watermanagement

🌟 Celebrating Business Women's Day! 🌟 Today, we recognize the incredible contributions of women in business and leadership roles. At the PBWIEC, we celebrate the innovation, resilience, and expertise that women bring to the energy and water sectors. Join us in honoring and empowering women leaders who continue to drive progress and inspire change in our industries and communities. #BusinessWomensDay #PBWIEC #WomenInBusiness #Leadership #Empowerment Share your appreciation for women in business and leadership in the comments below! 💼💪

We are proud to be a resource for municipalities who are working hard to ensure the long-term viability of their water supplies. B3 supported the Public Works team at the City of Bozeman, Montana to help improve processes to secure and protect water rights and navigate the legal nuances in the State's water rights data. Read more about how the Bozeman Public Works Department increased productivity and decreased costs with B3. https://lnkd.in/g8r5nCKG #Bozeman #PublicWorks #Montana #WaterManagement #Data #OilAndGas #B3Insight #Sustainability #TechInnovation #EnvironmentalTech #Climatetech #Environment #OilAndGas #ClimateChange #Compliance #OilFieldH2O #WaterManagement #DataIntegration #OperationalExcellence #Innovation

Roughly three quarters of all water produced in the Permian Basin is disposed of via UIC Class II injection wells. A recent study by SMU highlights the possibility of groundwater contamination in West Texas due to highly pressurized injection intervals affecting some historical production wells. Alternative disposal methods for millions of barrels of produced water are critical to help mitigate this issue. This is the first study to draw specific links between wastewater injection and recent environmental issues in the Permian Basin. "This is reaching a critical point in the Permian Basin. The scale of injection needs is increasing. About 15 million barrels, or 630 million gallons, of produced water are injected for disposal in the Permian Basin every day." - Katie Smye, Geologist, Center for Injection and Seismicity Research at the University of Texas at Austin Read more about the study and the need for smart water management strategies here: https://lnkd.in/g4WDs4wg #WaterManagement #Data #OilAndGas #B3Insight #Sustainability #TechInnovation #EnvironmentalTech #Climatetech #Environment #OilAndGas #ClimateChange #Compliance #OilFieldH2O #WaterManagement #DataIntegration #OperationalExcellence #Innovation