New report highlights multi-billion dollar produced water market

Feb. 23, 2010
OTM Consulting and Douglas-Westwood have released the first edition of The Produced Water Gamechanger Report, which explores the options for managing produced water from offshore oil and gas production.

Offshore staff

LONDON -- OTM Consulting and Douglas-Westwood have released the first edition of The Produced Water Gamechanger Report, which explores the options for managing produced water from offshore oil and gas production.

The report identifies new and emerging produced water technologies including treatment, minimization, separation, and re-injection. The report forecasts market opportunities and growth potential for key produced water treatment equipment and technologies.

According to the companies, the market for final stage produced water treatment systems is estimated to be around $4.3 billion for the next five years. The market for topside produced water re-injection systems is around $9.8 billion over the same period.

The report also features case-specific information on the application of modern produced water management technologies such as Chevron's application of compact flotation units at Alba field, and ConocoPhillips' adoption of condensate-based extraction technology at Ekofisk.

Included is a global survey based on responses from 21 respondents including Shell, BP, ExxonMobil, Total, and Saudi Aramco.

02/23/2010