LIFECYCLE OF AN OIL & GAS WELL
This water drop represents the intensity of water during the lifecycle of an oil and gas well, and the opportunity for oil and gas produced water and waste water to be treated for potential reuse.
The illustration also breaks out the lifecycle of a well into drilling, completions, fracturing, production, servicing and abandonment activities, and shows that the waste streams generated from these activities contain water, oil and solids. Gibson handles these waste streams through its Recovery, Disposal, and Custom Treating facilities and services.
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Today's water challenge of balancing scarcity versus the significant amount of water being produced is an opportunity for water treatment, recovery and re-use as opposed to water disposal.
The oil and gas industry has evolved to the point where it must adopt water intensive technologies to access new oil and gas reserves. Such technologies include multistage water fracs, steam assisted gravity drainage (SAGD), oil sands mining, and large polymer and water floods. While increasing reserves, these technologies have also increased demand for clean water and services to manage the resulting waste water.
Gibson has established a Technical Advisory Group, which will allow Gibson to keep abreast of new developments and applications as they develop in the waste and water treatment space. The group will explore and apply solutions that are economically attractive, technically feasible, and environmentally sound.
Gibson strongly believes that yesterday’s solutions will not be adequate to address the opportunities presented in this developing market. Gibson is stepping into this space to help our customers better manage this challenge into the future.
Currently Gibson's Water Treatment and Recovery Services include:
- Frac Water Flowback
- Hot Water Sales