Thursday, December 5, 2013

Frack-Water Recycling, an Emerging Market

Some 21 billion barrels of wastewater a year flows from oil and natural gas wells in the US, and while the market to recycle frack water has been slow to emerge, the potentially multi-billion-dollar arena is now starting to take off in earnest.
It takes between 70 billion to 140 billion gallons of water to frack 35,000 wells a year, the industry's current pace, according to the Environmental Protection Agency (EPA), and while recycling frack water is still a relatively new idea, companies are coming under increasing pressure to do so, and Schlumberger predicts a strategic boom in the business.

http://oilprice.com/Energy/Energy-General/Frack-Water-Recycling-an-Emerging-Market.html 

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