The Permian’s Dirty Secret Is Bubbling Over

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The Permian Basin produces over 5 million barrels of oil daily. With that, the Permian also produces a lot of wastewater, which has started to turn into a problem. Some drillers are even suing others for ruining their reserves. Back in May, the Texas Railroad Commission sent out notices to companies applying for licenses for wastewater disposal wells in the basin, stating that there were ground pressure issues caused by wastewater disposal. The number of new ones was to be restricted. This is one problem that does not have a straightforward solution,…