Operating almost as an industry unto itself, upstream water management is facing similar challenges as is the whole of the oil and gas industry as it emerges from one of the worst downturns in its long history. Water management is also facing challenges unique to itself, with growing seismicity concerns leading to increased regulations and an ever-growing push for ESG performance spurs operators to inject less produced water and recycle more.
While it deals with these questions, the upstream water management industry also faces the growing pains that come with any nascent business. Determining where and how digitalization technologies like Big Data applications fit and facing increasing competition among new entrants will dictate the path water management charts for itself, particularly in the coming few years.
But in the short term, water management, like so many other industries, is bouncing back from a 2020 that proved costly, from an operations and financial aspect.
Click here to read the full cover story
in the March issue of E&P Plus.
2022-05-23 - U.S. pipeline operator Kinder Morgan will continue holding the remaining 51% of Elba Liquefaction Co. following the sale of a 49% stake in the LNG facility in Georgia to Blackstone Inc.’s credit investment unit.
2022-05-23 - “We have teed up this reserve option to stay ahead of the problem, and will not hesitate to use other levers at our disposal to support families and the recovery,” a White House official said.
2022-05-23 - Oil prices are likely to break upwards with positive news coming out of China with respect to COVID-19. Reduced inflation data in the U.S. and Europe would also provide a boost to oil prices, Stratas Advisors said in its latest forecast.
2022-05-23 - The captured carbon will permanently stored in a saline aquifer using an injection well with a capacity of up to 2 million tons of CO2 per year.
2022-05-23 - Although the EU continues to push for an embargo on Russian oil, Hungary remains a vocal opponent of the plan, asking for a 750 million euro investment in its energy resources before agreeing to the embargo.