Lucid’s assets are strategically positioned for XTO’s development plans and complement what its affiliates are planning for midstream infrastructure within the basin and out of the basin to the downstream markets.
Growing supply of Permian crude means the basin will need extra crude oil takeaway capacity of up to 500,000 barrels per day by the end of the next decade, according to new research from global natural resources firm Wood Mackenzie.
Mustang Extreme Environmental Services has acquired Aria Rose Oilfield Solutions, a leading provider of in situ and on-the-fly water treatment services for in-ground and above-ground water storage and treatment facilities.
The 2019 panel presentations will provide in-depth analysis and timely presentations from 30-plus speakers including a special session titled, “Innovation in Bakken Research: University- and Industry-Led Efforts to Solve Big Problems."
The company announced this month that talks with two major clients, XTO Energy Inc. and Diamondback Energy, two of the largest Permian shale operators, have progressed and could lead to future deployment of ProPetro technology.
SkySkopes, a drone service provider that has brought innovative optical gas imaging services to the Bakken for several service companies and operators trying to manage and maintain midstream assets in the Williston Basin, was nationally recognized.