Water requirements to satisfy fracking activity have skyrocketed in high-production basins, such as the Permian Basin, in recent years.
The growth of absolute wells is putting pressure on water resources and the volumes of water used per frac are increasing. Aside from the increased cost of water and produced water treatment, the sourcing of frac water and transportation logistics place operators under stress to deliver stable and sustainable operations. These fundamental challenges are changing the way the industry engages with and manages water. An increase in the recycling of produced water and the growth of midstream partners, as well as their financial backers, are changing the industry landscape.
Key Takeaways:
- Discover how industry peers are changing their business models to drive sustainable operations.
- Explore critical opportunities and pitfalls of managing a fundamental resource in a fast-growing industry.
- Uncover the latest opportunities and challenges impacting future business growth.