PacWest Launches Database Detailing 400 Leading Players in the $18 Billion Oilfield Water Management Market

HOUSTON, Sept. 19, 2012 /PRNewswire/ -- PacWest Consulting Partners has just published the first release of the WaterDB market intelligence product, a database of operational and financial metrics for 400 companies active in the North American oilfield water management sector.  The database was designed to be used by operators, investors, and service companies.

WaterDB is the only market intelligence product that aggregates key financial and operational metrics for all known companies operating in the North American Oilfield Water Management Market, with information on key operating regions, service and product offerings, and business models.  The product also highlights important transactional history and key strategic shifts.

At the end of 2012, PacWest forecasts that the North American oilfield water management market will total approximately $18 billion across the water management segments of sourcing, transport, storage, treatment (including separation), and disposal – an increase of 11% from 2011.  The companies in the database account for more than $16 billion out of the total $18 billion in market revenues. 

Although water management has always been an important activity in the development and production of oil/gas resources, the importance of optimal management has increased dramatically with the emergence of wide-scale development of shale resources for oil and gas production.

Senjit Sarkar, a Project Leader with PacWest, explains that "a massive volume of water must be managed over the life of a shale field, significantly more than is typical in the development and production of a conventional field – a complex and costly undertaking."  Water used for hydraulic fracturing must be sourced, transported, and stored, often with many steps in between.   Effluent water – flowback and produced water collectively – must be stored, transported, and either disposed via injection well or treated for reuse or surface discharge.  Mr. Sarkar adds that "the dramatic growth in hydraulic fracturing activity has led to an increase in the demand for water management related-services across the oilfield."

Increased frac activity has also resulted in a surge of investor interest in the oilfield water sector, as indicated by dozens of M&A transactions over the last year.  The recently announced $1.3 billion acquisition of R360 by Waste Connections is just one example.

About PacWest

PacWest Consulting Partners is a boutique strategy consultancy and market intelligence firm that specializes in the energy, industrial, and resources sectors.  Much of its work is focused around the oilfield and the many industries that supply critical products and services to it.  With the explosion of unconventional resources in North America, the energy landscape is changing quickly and PacWest is at the forefront of that change, helping companies better understand the market, as well as developing and implementing new strategies to position themselves for growth.

In addition to WaterDB, PacWest publishes PumpingIQ, the only market intelligence product that provides a bottom-up view of the US and global hydraulic fracturing market with regional estimates and forecasts of frac fleets and capacity, frac demand, capacity utilization, and pricing.  It also highlights major market trends for each play in real-time, gathered from on-the-ground field staff in each play.

Contact: PacWest Consulting Partners, www.pacwestcp.com

SOURCE PacWest Consulting Partners