By Marvin Nash, Co-Founder of Encore Green Environmental
Now, what is the field? Is that the place where the oil comes from? Is it the place where the grass grows? Is it the place where the football game gets played?
A field could be a lot of things but, for sure, the field is where things get done.
I’m a field guy, but, I enjoyed my Thursday at the Water in Engery meeting in Midland. Here’s a few of my takeaways:
What I enjoyed was the group of PE representatives who talked about M&A’s coming soon, so that the weak fall out and the strong position themselves to go public. They did not say it in those exact words, but that was the takeaway
Then, New Mexico talked about the work of the Consortium, the plan, the timeline, and the guideline for water quality. All good stuff.
Following that, an attorney from New Mexico talked about what all these water laws mean or do not mean for the custody of water.
So let’s go to lunch and hear the Texas Railroad Commissioner talk about data, data, data. That was when he mentioned there is already a company in Wyoming moving forward with a permit to apply produced water to the ground.
Interesting thing about that is that we are that company!
The conversation in the boardroom, the public square, and in the field are not the same. I guess now that our great Texan and Aggie, Clayton Williams has left this earth, it’s time for someone to remind us of it’s like in the field
Saying #1 “Don’t wet on my leg and tell me it’s raining.” The point is that the M&A conversation is about who’s going to make the money?
Saying # 2 “Don’t write a check with your mouth your butt can’t cash!” Tell the truth: treating produced water to re-use for fracking is not repurposing. You took it from oil field operations and re-used it for field operations. Repurposing is taking it from one industry and using it in another, such as agriculture.
Yes, at Encore Green Environmental, we can do that.
Saying #3 Be careful what you wish for. The E & P industry in New Mexico and Texas has asked state legislators for help. So, you’ve got the help, but the industry will have to wait and see how this plays out.
Meanwhile in Wyoming, on Tuesday, we will meet our rancher partner to start soil testing, which is Step 1 in Conservation By-Design™.
You see, your new midstream partner will be the same surface owner that you are getting easements from hauling water across or buying water from. T
One of my rancher MOU partner s just ask why don’t we just start our own IPO?
These guys in the field never stop coming up with good ideas!