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Stock impact report

Rattler Midstream: Keep Your Eyes On The Joint Ventures [Seeking Alpha]

Diamondback Energy, Inc. (FANG) 
Last diamondback energy, inc. earnings: 2/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.diamondbackenergy.com
Company Research Source: Seeking Alpha
thexfilephoto/iStock via Getty ImagesThe recent newsabout a dropdownRTLRThere has been considerableThe first is that the industry has moved to water recovery and reuse. Recycling water has decreased the need for water disposal. Nonetheless, there is a fair amount of water produced by older wells and it needs to go somewhere. Depending upon how this situation evolves, the whole basin could end up with water treatment plants (like California) followed by sending the water to cities and farmers for their use. That is far from certain because disposal wells are cheaper to the extent they can be used.Secondly, the scientist studying the situation have begun to form an efficient response plan. Oklahoma officials really had to make educated guesses for a while because the studies and data simply were not available. We now appear to be moving into a time of more certainty about the responses to the earthquake issue. That will help the industry a lot.Mitigating the problem is that the industry Show less Read more
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