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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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Companies report success at Texas conservation symposium
A. Lee Graham

Reporter

Oil and gas operators statewide credit Texas Railroad Commission rule amendments enacted last year for boosting the economic viability in enhancing their water-recycling efforts and helping conserve state water resources.

Making those comments on Thursday at a Texas Oil and Gas Water Conservation and Recycling Symposium in Austin were representatives of 26 companies, including Roanoke-based Fountain Quail Water Management LLC, Baker Hughes and Apache Corp., among others.

The meeting followed last’s year’s amendments to the commission’s recycling rules. They were made to encourage further conservation, reuse and recycling of produced water by oil and gas operators in the oilfield.

“Today, operator Fasken Oil and Ranch reported that they expect to no longer use freshwater in their operations by the end of June 2014, resulting in a total of approximately 2.3 million gallons of fresh water left in the ground,” Commissioner Christi Craddick said at the meeting.

“Due to the drought our state is currently experiencing, the importance of water conservation and scrutiny over water usage continues to grow, and the industry is doing their part in conserving this precious resource,” Craddick said.

At the symposium, industry representatives updated Craddick and staff on industry best practices in water recycling and conservation. Accomplishments discussed during symposium discussion include:


·         Recycling has significantly reduced the use of fresh water in oil and gas production operations.

·         Companies that gave presentations reported recycling capacity of up to 1.5 million barrels of water per day; recycling up to 50 million barrels of water since industry focus to increase recycling began in 2012; and recycling produced water to account for up to 100 percent of their water needs in energy production.

·         The amount of produced water hauled by trucking and disposed underground has dropped, and will continue to decrease exponentially.

·         Produced water is now a resource and sold as a commodity for re-use in hydraulic fracturing operations.

lgraham@bizpress.net

 

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