Permian Oil Producers Face Higher Costs With New Saltwater Rules ...Middle East

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Permian Oil Producers Face Higher Costs With New Saltwater Rules
source : OILPRICE ( Middle East ) () 29
As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources. The Railroad Commission of Texas, the energy regulator of the top U.S. oil-producing state, has new guidelines – effective June 1 – for permits for disposal of wastewater, or “produced water”, which is a byproduct of oil and gas…

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