LONDON, Oct. 15, 2015 /PRNewswire/ -- Oil and Gas production is increasing rapidly and, by 2035, it s predicted that oil production will increase to 97 million barrels and gas production will reach 5 trillion cubic metres per year to meet growing demands.
Managing the increased volumes of produced water associated with this production and sourcing water for operations is becoming more challenging. Scarce water resources have pushed operators to reuse produced water for water floods and fracturing fluids. Tighter environmental regulations are restricting the usual methods for disposing of produced water, encouraging operators to look at new approaches. Consequently, there are huge long-term opportunities for oilfield service companies and water technology providers in offering solutions to manage these challenges. This new report showcases the potential of this growing market.
Global market forecast for expenditure on produced water treatment and management, provision of hydraulic fracturing fluid and pre-treatment for enhanced oil recovery methods – so you can identify the regions with the best prospects for your business over the next 5 years.
Technology trends – understand how existing technologies from the water sector are being adopted by the oil and gas industry, how new technologies will shape the future of this market and how these developments are creating opportunities for your business.
Procurement models and supply chain analysis – understand the dynamics of the most attractive markets to help plan your market entry strategy and identify potential partners or competitors in these markets.
Identify regional opportunities in the development of unconventional resources including shale gas, tight oil, heavy oil, coal bed methane and mature conventional oil fields
Understand how the tailored solutions you offer can meet the unique water requirements for enhanced recovery from resources around the world.
We show you the opportunities in the biggest markets and offer procurement models and supply chain analysis so you can understand the dynamics of each market and how to sell your services and technologies. The report identifies the following key areas opportunity:
Produced Water Management – global volumes of produced water are steadily increasing in line with increased volumes of oil production. Water sector opportunities for handling this water are therefore increasing, driven largely by regulatory pressure and disposal restrictions. This report shows you how this is creating opportunities for advanced water treatment for reuse in hydraulic fracturing and enhanced oil recovery (EOR) processes; transport of this water; and disposal.
Hydraulic Fracturing – unconventional oil and gas resources like shale gas, tight oil and coal bed methane use hydraulic fracturing to help bring the oil to the surface which requires large volumes of treated water. This report identifies the regional opportunities in pre-treatment of fracturing fluids, water sourcing and chemical services.
Enhanced Oil Recovery (EOR) – EOR increases the amount of oil that can be extracted from a well by reducing the viscosity of the oil. In a market where oil producers need to maximise resources in mature oil fields or to extract unconventional resources, EOR is becoming a huge area of opportunity for water companies. We look at the prospects for secondary and enhanced oil recovery.
Who should read this report?
Oilfield service companies – find out about innovative water treatment technologies and plan collaborations with technology companies and devise strategies to expand your services. We show you the trends driving the market and how this will create opportunities for your services now and in the future.
Water treatment technology and equipment suppliers – we show you how equipment and technology is bought and sold in each market and who you need to build relationships with to enter the supply chain. Find the best opportunities for your business now and identify growth regions with future potential.
Investors and consultants – understand the emerging trends in water treatment and which markets hold the biggest prospects for the future.
Exploration and production companies – understand how recent technology improvements and trends in the water sector could help you improve management of produced water.
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