Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
INTEL (INTC) Stock Investing in AI Machine Intelligence Mega-trend 2020 and Beyond - 18th Jan 20
Gold Stocks Wavering - 18th Jan 20
Best Amazon iPhone Case Fits 6s, 7, 8 by Toovren Review - 18th Jan 20
1. GOOGLE (Alphabet) - Primary AI Tech Stock For Investing 2020 - 17th Jan 20
ERY Energy Bear Continues Basing Setup – Breakout Expected Near January 24th - 17th Jan 20
What Expiring Stock and Commodity Market Bubbles Look Like - 17th Jan 20
Platinum Breaks $1000 On Big Rally - What's Next Forecast - 17th Jan 20
Precious Metals Set to Keep Powering Ahead - 17th Jan 20
Stock Market and the US Presidential Election Cycle  - 16th Jan 20
Shifting Undercurrents In The US Stock Market - 16th Jan 20
America 2020 – YEAR OF LIVING DANGEROUSLY (PART TWO) - 16th Jan 20
Yes, China Is a Currency Manipulator – And the U.S. Banking System Is a Metals Manipulator - 16th Jan 20
MICROSOFT Stock Investing in AI Machine Intelligence Mega-trend 2020 and Beyond - 15th Jan 20
Silver Traders Big Trend Analysis – Part II - 15th Jan 20
Silver Short-Term Pullback Before Acceleration Higher - 15th Jan 20
Gold Overall Outlook Is 'Strongly Bullish' - 15th Jan 20
AMD is Killing Intel - Best CPU's For 2020! Ryzen 3900x, 3950x, 3960x Budget, to High End Systems - 15th Jan 20
The Importance Of Keeping Invoices Up To Date - 15th Jan 20
Stock Market Elliott Wave Analysis 2020 - 14th Jan 20
Walmart Has Made a Genius Move to Beat Amazon - 14th Jan 20
Deep State 2020 – A Year Of Living Dangerously! - 14th Jan 20
The End of College Is Near - 14th Jan 20
AI Stocks Investing 2020 to Profit from the Machine Intelligence Mega-trend - Video - 14th Jan 20
Stock Market Final Thrust - 14th Jan 20
British Pound GBP Trend Forecast Review - 13th Jan 20
Trumpism Stock Market and the crisis in American social equality - 13th Jan 20
Silver Investors Big Trend Analysis for – Part I - 13th Jan 20
Craig Hemke Gold & Silver 2020 Prediction, Slams Biased Gold Naysayers - 13th Jan 20
AMAZON Stock Investing in AI Machine Intelligence Mega-trend 2020 and Beyond - 11th Jan 20
Gold Price Reacting to Global Flash Points - 11th Jan 20
Land Rover Discovery Sport 2020 - What You Need to Know Before Buying - 11th Jan 20
Gold Buying Precarious - 11th Jan 20
The Crazy Stock Market Train to Bull Eternity - 11th Jan 20
Gold Gann Angle Update - 10th Jan 20
Gold In Rally Mode Suggests Commitment of Traders (COT) Data - 10th Jan 20
Disney Could Mount Its Biggest Rally in 2020 - 10th Jan 20
How on Earth Can Gold Decline During the U.S. – Iran Crisis? - 10th Jan 20
Getting Your HR Budget in Line - 10th Jan 20
The Fed Protects Gamblers at the Expense of the Economy - 9th Jan 20
Last Chance to Get Microsoft Windows 10 for FREE! - 9th Jan 20
The Stock Market is the Opiate of the Masses - 9th Jan 20
Is The Energy Sector Setting Up Another Great Entry? - 9th Jan 20
The Fed Is Creating a Monster Bubble - 9th Jan 20
If History Repeats, Video Game Stocks Could Soar 600%+ - 9th Jan 20
What to Know Before Buying a Land Rover Discovery Sport in 2020 - 8th Jan 20
Stock Market Forecast 2020 Trend Analysis - 8th Jan 20
Gold Price at Resistance - 8th Jan 20
The Fed Has Quietly Started QE4 - 8th Jan 20
NASDAQ Set to Fall 1000pts Early 2020, and What it Means for Gold Price - 8th Jan 20
Gold 2020 - Financial Analysts and Major Financial Institutions Outlook - 8th Jan 20
Stock Market Trend Review - 8th Jan 20

Market Oracle FREE Newsletter

Nadeem Walayat Financial Markets Analysiis and Trend Forecasts

Texas: From Shale Boom to Water Revolution

Commodities / Water Sector Mar 17, 2015 - 06:00 PM GMT

By: OilPrice_Com

Commodities

Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for water: that precious element that both resolves the drought problem and also makes it possible to pump more oil out of the ground.

Not only does Texas have the Permian Basin and the Eagle Ford shale, but it also has the Gulf of Mexico and its massive oil deposits and endless gallons of seawater that are now economically treatable thanks to next generation water processing technology.


As NASA predicts a decades-long 'mega drought' later this century, next generation water processing technology coming from within the oil industry promises not only to help solve Texas' drought problem by accessing and desalinating brackish and slightly salty water sources deep under the dry Texan surface, but to go one step further by desalinating ocean water and turning dirty water into potable water.

While conventional desalination technologies only recover about 35% of fresh water from a gallon of seawater, new Dutch technology brought to Texas by a local company recovers approximately 97% of the fresh water at an economical cost. At the same time, the new technology uses no chemicals, rendering it quite possibly the 'greenest' water processing technology in operation today.

This ushers in the ability to add new water sources to our current ecological system by desalinating brackish and ocean water that previously was not considered in the amount of fresh water available for human consumption.

A Water Revolution Takes Root

Texas barely survived a seven-year drought in the 1950s, when 100,000 farms and ranches were lost, and a recent study by a NASA scientist says there is a good chance Texas may see something much worse than this as global warming leads to long-term drying in the west. This time it could be a mega drought -- the worst in 1000 years--that could last for decades.

For the oil and gas industry, water-starved Texas is a highly competitive playing field and the competition between oil companies and other heavy users of water is intense. The shale boom and the hydraulic fracturing revolution have exponentially raised the stakes in this competition as demand for water has soared. Texas is where the fracking revolution began; and now it is where the water revolution is taking root.

Producers are surrounded in a pincher movement, both by critics of how much water they use and by internal pressure to ensure enough supplies of water to keep drilling and fracking.

The answer to Texas' drought, concerns about future supplies of potable water, and oil industry fears of fracking drying up, is next generation technology that hits out at the water dilemma on three fronts simultaneously.

Salttech DyVaR Zero Liquid Discharge (ZLD) water processing technology was developed in the Netherlands by Salttech and was launched first by Texas-based STW Resources in July last year in Mentone, Texas, in the Permian Basin. The Salttech desalination system is now providing the residents of Mentone with more drinking water than they could have ever hoped for.

This is a win-win situation for all water end users, and environmentally, there are no snags: It's a green process all the way, with absolutely no chemicals or filtration involved. And not only is the new technology providing all of Mentone's drinking water -- its entire operations are run on solar power energy.

The Salttech systems can be manufactured to process as many gallons of water per day as is needed, according to STW Resources Holding Corp, which has the exclusive license for this technology not only in the US, but also in Canada, Mexico and Central America.

For the oil industry, this is a breakthrough technology that could save it untold sums of money by reclaiming the massive volumes of precious water used in drilling and fracking and also processing produced water that accompanies oil and gas production.

For municipalities and local governments -- particularly in Texas during this time of unprecedented drought--it means future water security by accessing new sources that were previously unusable just below the Earth's surface.

For the ecosystem, it means creative conservation.

"With the shortage of fresh water worldwide, our technology can help in many areas to relieve the shortages. We can also assist in any ocean desalination reverse operations to exclude the need to dispose of the concentrated brine reject into local waterways and oceans thus preventing any possible detrimental effects to the highly sensitive balance of the ecosystem. This Salttech DyVaR is a major technological breakthrough since we can now economically process high chloride water into potable water and not have any detrimental effects on our environment," Stanley Weiner, CEO of STW Resources, said in a January 2015 press release.

We've all heard of desalination technology before, but the sticking point -- as it always is with new technology -- is cost. Desalination has never been economical on a commercial scale before. Until now, the price of desalinated water projects has hovered around $8 a barrel, but the Dutch version comes in at around $1.50-$2.00 per barrel, or approximately $1,100-$1,350 per acre-foot of water.

Additionally, whereas your typical desalination plant returns only about 35% of the water, Saltech technology can return 97%--and this is a key factor in the economics and environmentally positive attributes of the technology.

Mentone was just the small beginning. Another Permian Basin project is planning much bigger things.

In the Capitan Reef Aquifer, in the city of Fort Stockton, Texas, STW is now drilling its first production well and planning to drill several additional wells into this and other brackish aquifers about 2,000-4,500 feet under the surface. The goal is to start selling water in the second quarter of this year.

This is nothing like the fracking revolution and the shale boom. This is a revolution of much greater proportions -- and again, it's playing out in Texas.

Source: http://oilprice.com/Energy/Energy-General/Texas-From-Shale-Boom-to-Water-Revolution.html

By James Stafford of Oilprice.com

© 2015 Copyright OilPrice.com- All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules