Three barrels of water: who owns Permian produced water | The Ledger No. 003, Part III of III

The Permian brings up about three barrels of salt water for every barrel of oil, and in 2025 Texas decided that a typical lease carries it to the lessee. What the water is worth, who shares in it and whether it may leave the oilfield are still being written, differently on each side of the state line. Read or listen to the full issue, every claim tied to a numbered source: https://archiveledger.com/ledger/003 The Ledger, No. 003 · Part III of III · Future Interests. The state line a survey marked in the wrong place in 1859 and the law kept there, the Gulf sea floor the United States leases on its own terms, and the salt water that comes up with Permian oil. The Ledger is Archive's publication on land and energy, of record. Three parts per issue: Chain of Title looks back, Of Record is what is being filed now, Future Interests is what will be. Chapters 0:00 Twenty-one million barrels a day 2:30 A default rule, and a possessory interest 3:53 Two states, two directions 5:55 Money on the surface, and the cost of treatment 7:47 Who takes the water 8:40 The record is clear Listen Spotify: https://open.spotify.com/show/77fb0Wy... Apple Podcasts: https://podcasts.apple.com/us/podcast... Archive: https://archiveledger.com X: https://x.com/archive_ledger Instagram:   / archive_ledger   LinkedIn:   / archiveledger   Facebook: https://www.facebook.com/profile.php?... The Ledger is an editorial publication of Archive Ledger, Inc. Illustrations are generated artwork directed and reviewed by the publication; charts, numbers and narration are the issue's own. No sponsors, no paid placements. It is not legal advice, and it is not a title opinion. #TheLedger #LandTitle #PermianBasin #Offshore #ProducedWater