Drowning in Dirty Water, Permian Seeks $22 Billion Lifeline
- Wall Street largely unaware of growing challenge for producers
- Disposal costs could hike basin breakevens $6 a barrel by 2025
In the dry, dusty plains of West Texas, home to America’s most prolific oil play, the problem isn’t too little water, it’s too much of it.
Just ask Will Hickey, the 31-year-old chief executive officer of Colgate Energy.