Managing Water Can Improve ProductivitySource: E&P | 10 October 2013
With more than 290 bbl produced in 2010, operators need a consistent integrated plan to reduce, control, and reuse water.
In today’s world, the availability of fresh water is a growing public issue. Population growth, industrial demand, and droughts are all factors that affect its availability. Even though the oil industry uses only a small percentage of available fresh water (less than 2% in the US), regulations from federal, state, and even local organizations are having a dramatic effect on availability and cost.
Equally important is the industry’s responsibility to ensure that hydraulic fracturing operations will not disrupt communities. But is there more to managing water than just a social license to operate? Does it make good business sense in a key metric such as well productivity?
In the oil field, water is used in every aspect of drilling, completing (fracturing), and producing. There are significant costs associated with water beyond finding the water. Logistics, storage, pumping, treatment, and reinjection/disposal costs also must be considered.