An outcome of oil & gas industry, produced water usually consists of hydrocarbon formulations and exhibits characteristics of few other hazardous chemicals. To safeguard quality of treated water before reuse, water treatment systems are specifically designed for produced water. Stringent norms regarding disposal and treatment of produced water is expected to primarily drive the demand for a wide range of treatment systems for produced water. As per a study by Persistence Market Research (PMR), a moderate growth is witnessed for global market of produced water treatment systems since recent past. However, the global produced water treatment systems market is projected to exhibit an impressive growth at 6.1% CAGR to reach revenues worth US$ 6 Bn by 2020.
Re-injection of Produced Water driving the Demand for Produced Water Treatment Systems
There has been a considerable rise in volumes of produced water over the past few years. More than 50% percent of volume were disposed and remaining underwent re-injection process in off-shore oil fields. This has resulted in higher volume generation of produced water in the recent past, which in-turn, has necessitated higher demand for produced water treatment systems. Increasing unconventional oil & gas production levels have led to increased oil-to-produced water ration which has been foreseen to sustain the demand for produced water treatment systems with higher efficiencies in the near future.
Oil & gas companies have been compelled to adopt alternative sources such as tight oil, gas hydrates, CBM, and shale gas, owing to the depletion of crude oil reserves in the key OPEC (Organization of the Petroleum Exporting Countries) regions. This trend is expected to fuel the demand for produced water treatment systems. The market is expected to be positively affected by emergence of various new methodologies including membrane distillation, polymer membrane ultra-filtration, adsorption, and forward osmosis. On the other hand, higher operational and installation costs of produced water treatment system are expected to restrain the market growth.
Treated Produced Water to be used for Industrial and Agricultural Processes
Treated produced water could meet the water demand from industrial and agricultural water consumers, conserving limited freshwater supplies. A California-based water treatment plant, Sweetwater Tech Resources is soon expected to commence operations of state’s first ever facility set up for annual treatment of billions of gallons of produced water for reuse in clean water streams. The project may benefit oil producers, providing them with a cost-competitive option for trucking wastewater to disposal wells of third party. The project is also expected to reap environmental benefits by not only reducing the amount of disposed water but also by production of more water fur reuse purpose in local industrial and agricultural water processes. Ultimately, Sweetwater plans on running multiple water treatment facilities in Bakersfield area, with an aim of treating 4 Mn gallons of wastewater per day.
Newfield Exploration to set up a New Facility to Treat Produced Water for Enhancing their Productivity
Recycling both, flowback as well as produced water generated from hydraulic fracturing operations and STACK wells is the aim of Newfield Exploration Company’s new Barton Water Recycle Facility. The company recently announced the construction of this facility at Anadarko Basin (Kingfisher County, Oklahoma). Utilizing an aerated biologic treatment technology for conversion of produced water into recycled water, the Barton facility will use this recycled water for hydraulic fracturing operations, which in turn, is expected to enhance their productivity and efficiency. This treatment uses enhanced and natural bioremediation, or good nutrients or bacteria, for breakdown and separation of existing impurities contained in produced water
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