The upstream oil and gas industry is increasingly becoming a water management industry. Globally, three barrels of water is extracted for every one barrel of oil produced. With effective management, this produced water can become a source of value, as disposal options become limited and environmental regulations tighten. New water treatment technologies will allow this water to be reused in waterflooding, enhanced oil recovery and hydraulic fracturing operations, in a market worth $5.2 billion in 2014. Managing the water used and extracted from unconventional resources, such as shale gas, tight oil, coalbed methane, heavy oil, and oil from ultra-deepwater offshore fields, will be a fast growing segment of this market. This section shows you in detail the different opportunities and strategies for these resources.
By Global Water Intelligence (GWI) based in Oxford, UNITED KINGDOM.
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