Best of the Week
Most Popular
1. Market Decline Will Lead To Pension Collapse, USD Devaluation, And NWO - Raymond_Matison
2.Uber’s Nightmare Has Just Started - Stephen_McBride
3.Stock Market Crash Black Swan Event Set Up Sept 12th? - Brad_Gudgeon
4.GDow Stock Market Trend Forecast Update - Nadeem_Walayat
5.Gold Significant Correction Has Started - Clive_Maund
6.British Pound GBP vs Brexit Chaos Timeline - Nadeem_Walayat
7.Cameco Crash, Uranium Sector Won’t Catch a break - Richard_Mills
8.Recession 2020 Forecast : The New Risks & New Profits Of A Grand Experiment - Dan_Amerman
9.Gold When Global Insanity Prevails - Michael Ballanger
10.UK General Election Forecast 2019 - Betting Market Odds - Nadeem_Walayat
Last 7 days
UK General Election 2019 BBC Exit Poll Forecast Accuracy Analysis - 12th Dec 19
Technical Analysis Update: Tadawul All Share Index (TASI) - Saudi Arabia ETF (KSA) - 12th Dec 19
Silver Miners Pinpoint the Precious Metals’ Outlook - 12th Dec 19
How Google Has Become the Worlds Biggest Travel Company - 12th Dec 19
UK Election Seats Forecasts - Tories 326, Labour 241, SNP 40, Lib Dems 17 - 12th Dec 19
UK General Election 2019 Final Seats Per Party Forecast - 12th Dec 19
What UK CPI, RPI INFLATION Forecasts for General Election Result 2019 - 11th Dec 19
Gold ETF Holdings Surge… But Do They Actually Hold Gold? - 11th Dec 19
Gold, Silver Reversals, Lower Prices and Our Precious Profits - 11th Dec 19
Opinion Pollsters, YouGov MRP General Election 2019 Result Seats Forecast - 11th Dec 19
UK General Election Tory and Labour Marginal Seats Analysis, Implied Forecast 2019 - 11th Dec 19
UK General Election 2019 - Tory Seats Forecast Based on GDP Growth - 11th Dec 19
YouGov's MRP Poll Final Tory Seats Forecast Revised Down From 359 to 338, Possibly Lower? - 10th Dec 19
What UK Economy (Average Earnings) Predicts for General Election Results 2019 - 10th Dec 19
Labour vs Tory Manifesto's UK General Election Parliamentary Seats Forecast 2019 - 10th Dec 19
Lumber is about to rally and how to play it with this ETF - 10th Dec 19
Social Mood and Leaders Impact on General Election Forecast 2019 - 9th Dec 19
Long-term Potential for Gold Remains Strong! - 9th Dec 19
Stock and Financial Markets Review - 9th Dec 19
Labour / Tory Manifesto's Impact on UK General Election Seats Forecast 2019 - 9th Dec 19
Tory Seats Forecast 2019 General Election Based on UK House Prices Momentum Analysis - 9th Dec 19
Top Tory Marginal Seats at Risk of Loss to Labour and Lib Dems - Election 2019 - 9th Dec 19
UK House Prices Momentum Tory Seats Forecast General Election 2019 - 8th Dec 19
Why Labour is Set to Lose Sheffield Seats at General Election 2019 - 8th Dec 19
Gold and Silver Opportunity Here Is As Good As It Gets - 8th Dec 19
High Yield Bond and Transports Signal Gold Buy Signal - 8th Dec 19
Gold & Silver Stocks Belie CoT Caution - 8th Dec 19
Will Labour Government Spending Bankrupt Britain? UK Debt and Deficits - 7th Dec 19
Lib Dem Fake Tory Election Leaflets - Sheffield Hallam General Election 2019 - 7th Dec 19
You Should Be Buying Gold Stocks Now - 6th Dec 19
The End of Apple Has Begun - 6th Dec 19
How Much Crude Oil Do You Unknowingly Eat? - 6th Dec 19
Labour vs Tory Manifesto Voter Bribes Impact on UK General Election Forecast - 6th Dec 19
Gold Price Forecast – Has the Recovery Finished? - 6th Dec 19
Precious Metals Ratio Charts - 6th Dec 19
Climate Emergency vs Labour Tree Felling Councils Reality - Sheffield General Election 2019 - 6th Dec 19
What Fake UK Unemployment Statistics Predict for General Election Result 2019 - 6th Dec 19
What UK CPI, RPI and REAL INFLATION Predict for General Election Result 2019 - 5th Dec 19
Supply Crunch Coming as Silver Miners Scale Back - 5th Dec 19
Gold Will Not Surpass Its 1980 Peak - 5th Dec 19
UK House Prices Most Accurate Predictor of UK General Elections - 2019 - 5th Dec 19
7 Year Cycles Can Be Powerful And Gold Just Started One - 5th Dec 19
Lib Dems Winning Election Leaflets War Against Labour - Sheffield Hallam 2019 - 5th Dec 19
Do you like to venture out? Test yourself and see what we propose for you - 5th Dec 19
Great Ways To Make Money Over Time - 5th Dec 19
Calculating Your Personal Cost If Stock, Bond and House Prices Return To Average - 4th Dec 19

Market Oracle FREE Newsletter

UK General Election Forecast 2019

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