June 27th, 11:00 – 12:30 PM EST; 4:00 PM – 5:30 PM BST
Moderator:
Tyler Algeo, Senior Water Technology Research Analyst, BlueTech Research.
Panelists:
Dr. Arian Edalat, General Manager, Water Planet Engineering
Prof. Andy Barron, Rice University.
Brent Halldorson, Chief Operating Officer, Fountain Quail.
Hydraulic fracturing of shale has not only revolutionized the USA natural gas industry, but it is quietly changing the landscape of oil production. When shale formations are ‘fracked’, some formations produce gas while others produce oil. Oil from shale formations is an emerging unconventional resource in the US that could revolutionize global energy markets, providing greater long-term energy security at lower cost for many countries.
Estimated U.S. oil shale reserves total an astonishing 1.5 trillion barrels of oil – or more than five times the stated reserves of Saudi Arabia. According to PWC, global shale oil production has the potential to reach up to 14 million barrels of oil per day by 2035. This amounts to 12% of the world’s total oil supply. Information released last month by the United States Geological Survey (USGS) indicates that oil and gas resources in North Dakota contain about 7.4 billion barrels of recoverable oil. Thanks to oil from the Bakken Shale formation, North Dakota has become the State with the second highest oil production.
It takes millions of gallons of water to frack a well. This webinar will explore the regulations, technologies, and management practices around hydraulic fracturing of shale for oil production. Topics discussed will include:
- What are the differences between produced water and flowback
- What kinds of contaminants are in the water?
- What are the concentrations of contaminants?
- How do the flow rates vary
- What is the size of the produced water from shale oil treatment market?
- What are the growth rates?
- Where is the market?
- What are the dominant technologies treating produced water?
- What are the challenges in treatment
- What are the market shares for the technologies?
- Are there new innovations happening?
- Who are the big players in the produced water treatment field?
- Are the big players big everywhere or is treatment highly localized?
- Where are environmental regulations heading with Produced Water?
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