5 Points. Ray Perryman. Oil & Water Op-Ed.
- Water is 10% of the cost of drilling
- Water is 2/3″ of monthly operating costs once the well is producing”
- 4 Ways Oil and Gas companies use Water:
- Acquire clean water to use in the fracking process and drilling
- Dispose of flowback water & produced water
- Since 2013, oil & gas companies, can recycle water for fracking uses
- Companies can purchase treated wastewater from municipalities, like in Odessa, TX
- Communities may have a better perception of companies that use recycled or wastewater
- A factor in oil and as company water use is risk avoidance, water contamination fines are steep
Rio Grande Guardian | PERRYMAN: OIL AND WATER