At more than 12 million gallons of water per well, "midstream water" has gained traction in upstream oil & gas.
An overall production slowdown– shaped by lower demand because of COVID-19, geopolitics, and sub-$30 per barrel prices– could, once again, drive increased focus on water management costs in hydraulic fracturing.
Where is all the water going? As much as 10 barrels of saltwater are produced for every barrel of oil in the Delaware Basin while the Midland Basin averages a mere three barrels of saltwater. Water cut varies from basin to basin but, with the Permian dominating oil production OilMan Magazine21 Jul 2020
Water management spend for hydraulic fracturing is forecasted to average $17 billion per year from 2019 through 2028, according to new market forecasts from Bluefield Research. Emboldened by growing demand for scaling water supplies and disposal needs, a host of midstream water companies backed by private equity and sovereign wealth funds are positioned to seize the opportunity going forward. Water Technology09 Jan 2020
Digital water has emerged as a key hotspot for global deal-making in recent years, as vendors position to capitalize on growing utility demand for higher-margin digital hardware, software, and services offerings.... »
The first quarter of 2020 initially began with what would otherwise have been a strong start for the global water markets until the outbreak of COVID-19 and ensuing social lockdowns and economic volatility. ... »
The U.S. industrial water landscape is highly siloed across 20 industrial verticals analyzed by Bluefield Research. This Quarterly Insight highlights key trends, transaction details, and competitive shifts influencing industrial water management.... »
The US$17 billion per year water-for-hydraulic fracking landscape in the U.S. continues its evolution, shaped by the mercurial oil & gas markets and geopolitical forces influencing production and water management strategies. ... »
Hydraulic Fracturing’s Rebound? Forecasting Its Impact on Water Management
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.
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