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The reduction in injection volumes as requested by the Railroad Commission in the Midland area could ripple through the energy industry for several years.

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Turning down the injection volumes on 76 disposal wells could have a ripple effect that could last several years. B3 Insight estimates that the request by the Railroad Commission for 29 operators of 76 disposal wells in the Midland Basin to reduce daily injection volumes to 10, barrels per day could slash Local dating agencies in odessa capacity in the Midland Basin by 55 percent. This volume reduction s for more thanbarrels a day. The agency also requested operators submit daily injection pressures and volumes by the 15th of each month, provide historical volume and pressure data dating back to Nov.

The move will affect a lot of stakeholders, from producers to landowners to royalty owners, said Kelly Bennett, chief executive officer of B3 Insights. That has implications not only for operators but landowners and royalty owners, he continued.

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It could also increase water management costs, which could also disrupt future planning, he added. There are other areas with concentrations of seismic events.

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Most Popular. It highlights the importance of connectivity, said Bennett. More from MRT. Chick-fil-A, Whataburger coming to south Midland. Oil surges to highest since as OPEC maintains supply hike.

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Highlights from he Trans-Pecos Festival. Steve Aoki to come back to Midland.

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