A roundup of the main developments regarding water in the oil & gas industry for August 30 – September 13
In early September, oilfield water intelligence firm Sourcewater announced it had sold $7.2 million worth of Series A stock to buyers including Bison Technologies and Marubeni Corporation. Sourcewater will use the funding to build up its data gathering and analysis capabilities. The company uses satellite images to track water flows to and from oilfields and disposal and recycling facilities.
Water treatment company Enviro Tech Chemical Services said it will invest $8 million in a chemical manufacturing facility in Levelland, Texas. The plant will be capable of processing up to 10,000 tons of raw material per year and treating and recycling water. The company will conduct further research and development aimed at reducing chemical consumption and increasing the viability of water reuse in the Permian Basin and beyond.
Technology company Data Gumbo entered into an agreement with a group of 10 operators, known as the Oil & Gas Blockchain Consortium, to run a pilot using the GumboNet blockchain network to manage smart water contracts in the Bakken shale play. Use of blockchain technology is expected to lower water midstream costs.
For CAN$ 1.4 million, Canadian operator Suncor Energy will replace three coke-fired boilers with two cogeneration plants at its Oil Sands Base Plant in Alberta. The facility will produce both steam for thermal in-situ bitumen extraction, as well as electricity that will be sold into the provincial power grid. The project will allow Suncor to reduce its water withdrawals from the Athabasca River by 20%.
Sparx Engineering said this week that it has established a water treatment subsidiary called Countertrace. Presented at the Rice Alliance Energy and Clean Technology Venture Forum, the new company’s technology uses regenerable polymer macroparticles that target contaminants and then change color for easy filtering.
Colombia’s Council of State has decided to maintain a moratorium on fracking, blocking pilot projects from going forward. Several unconventional licenses have been granted, but companies including national oil company Ecopetrol, ConocoPhillips and Canacol Energy have been denied fracking permits.
EVX Midstream Partners has finished phase one of its Eagle Ford produced water midstream system. The network includes 300 miles of pipeline connected to some of its 26 saltwater disposal wells.
Antelope Water Management could use the products and services of Exterran Energy Solutions at its proposed 100,000-bbl/d produced water recycling facility in Eddy County, New Mexico. Under a memorandum of understanding, Exterran may also support Antelope with other water projects in the Permian Basin.
The New Mexico Environment Department (NMED) and New Mexico State University are set to establish a produced water consortium that will focus on scientific and technological research to inform treatment policies and regulations. NMED also said it and other state agencies will soon begin public outreach efforts regarding the treatment of produced water for beneficial reuse. Below is a meeting schedule.
|6:00pm – 8:30pm Oct 15||National Hispanic Cultural Center Grand Hall1701 4th SWAlbuquerque, NM 87102|
|6:00pm – 8:30pm Oct 30||St. Francis Auditorium 331 Sandoval St.Santa Fe, NM 87501|
|6:00pm – 8:30pm Nov 14||Pecos River Village Conference Center711 Muscatel Ave.Carlsbad, NM 88220|
|6:00pm – 8:30pm Nov 19||San Juan College Little Theatre4601 College Blvd.Farmington, NM 87402|
|6:00pm – 8:30pm Nov 25||New Mexico Farm & Ranch Heritage Museum4100 Dripping Springs Rd.Las Cruces, NM 88011|