ADVERTISEMENT

Drilling Slowdown Sparks Water Trading

Source: Range Resources.
Trucks delivering water to a fracturing site of Range Resources, which uses all of its produced water for fracturing plus surplus produced water from others.

It is known that a well injecting a lot of water near a big fault can lead to earthquakes. The problem is, more often than not those faults are not known until after a tremor.

“There was a time in the Marcellus where nearly every barrel of water produced was needed for the next well fractured. And then drilling slowed and some operators were stuck with produced water and no well to put it in.

It was a costly problem to have. The obvious solution was hiring a lot of trucks for the long haul to Ohio where injection disposal costs $8-10/bbl. It was so bad that operators changed their ways and began seeking out competitors to take the water off their hands, said Joseph Frantz, vice president of engineering in Range’s Marcellus division, which was a big buyer.

...
This article is reserved for SPE members and JPT subscribers.
If you would like to continue reading,
please Sign In, JOIN SPE or Subscribe to JPT

Drilling Slowdown Sparks Water Trading

Stephen Rassenfoss, JPT Emerging Technology Senior Editor

01 November 2017

Volume: 69 | Issue: 11

STAY CONNECTED

Don't miss out on the latest technology delivered to your email weekly.  Sign up for the JPT newsletter.  If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.

 

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT