Water & Fracking
EPA acknowledges fracking can impact drinking water resources "under some circumstances."
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A new wave of drilling activity in the hydraulic fracturing sector as kick-started demand for water management solutions in a sector that was lagging less than a year ago. With a rebound in drilling activity underway, energy company spend on U.S. water management is forecasted to rise 47% by the end of 2017.
Reese Tisdale, President, Bluefield Research
Related Bluefield Analysis
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The hydraulic fracturing sector’s call for water management solutions has been kickstarted by a resurgence of drilling activity in 2017. On the heels of a U.S. horizontal rig count that has climbed past 650– up from a monthly average of 414 in 2016– water demand is again on the rise. But… this is only part of the story. Read More.
