The Next Big Bet in Fracking: Water
wsj.com Fledgling companies, many backed by private equity, are rushing to help shale drillers deal with one of their trickiest problems: what to do with the vast volumes of wastewater that are a byproduct of fracking wells.
0 likes, 0 comments ⋅ 1 month ago
New fracking wells are using hundreds of times more water than their predecessors
Oil services companies have also started to reduce the number of fracking crews they offer to drillers.
The Biggest U.S. Oil Patch Is Near Its Limit
bloomberg.com The Permian oil region will have to shut wells within four months because there aren’t enough pipelines to get the oil to customers, the head of one of the industry’s largest producers said.
1 likes, 0 comments ⋅ 3 months ago
Find us on Facebook