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The opportunity
for the Oil & Gas industry for better management of wastewater aka
produced water
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The oil & gas
industry generates over 150 billion barrels of produced water each year.
Management of produced water by either treatment and/or disposal costs more
than $75 billion is annually. This wastewater accounts for 98% of the
entire waste stream of the industry.
New technology, such
as that offered by IX Power Clean Water, makes treating produced water for reuse a
viable option. For 11 to 24 cents a barrel operators can
have water free of harmful contaminants so that water can be re-used in oil
& gas operations, for dusty road treatment,
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for livestock and
irrigation, and discharged into surface water bodies.
This makes a lot
more sense (and cents) than paying $2.50 to $10 a barrel to truck and
inject produced water.
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