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GreenHunter Resources, Inc. Message Board

  • mmibkt mmibkt Mar 6, 2013 7:17 AM Flag

    competition?

    mhr holder , thought you might want to read this-rigzone

    Halliburton Launches New Recycling Service for Fracking Water
    by Halliburton
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    Press Release
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    Wednesday, March 06, 2013
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    Halliburton announced the commercialization of its H2OForwardSM service. The new technology allows customers to recycle waste streams of produced water for use in well completions.

    A part of Halliburton's Multi-Chem business line, the Water Management Solutions group formulates stable fracture fluids that have the ability to work with any waste stream, including water containing total dissolved solids (TDS) with values as high as 285,000 parts per million, for use in hydraulic fracturing operations.

    "The H2OForward service provides a cost-effective customer solution that combines chemistry and innovative engineered technology," said James Archer, vice president of Halliburton's Multi-Chem business line.

    "The product offerings from Water Management Solutions, including the CleanWave system and CleanStream service as well as our advancements in high TDS fluids are part of Halliburton's investment to further the sustainable development of the oil and gas industry," said Archer.

    The new integrated service delivers technological advancements in fluid chemistry, water treatment and scale inhibition by using Halliburton's CleanWave system to treat the water, customizing both slickwater and crosslinked fracture fluid systems to work effectively with the high-TDS produced treated water, and reducing liquid biocides with Halliburton's CleanStream service technology.

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    • I can't tell from the press release you posted whether this is real competition for GRH or not. They "formulate stable fracture fluids that have the ability to work with any waste stream." Maybe the "cleanwave" and "cleanstream" are, but it is difficult to assess. I don't see anywhere where they provide waste water disposal. If I understand correctly, a lot of the fluid that comes back out of the well after fracing has lots of chemicals including radioactive materials. No way the EPA is going to let you release that material, especially with the new secretary being appointed. At some point, you have to dispose of that material, and that is what GRH does. Regardless, there is plenty of waste water to go around. Don't dispair.

    • that is the Bakken , GRH has little to do in the Bakken besides MHR work GRH is a little more focused on the Eagle Ford, but more so PA,OH,WV ESP Utica&MarsShale plays where the pipeline is being built Utica is being developed and MarkWest energy plant is located.

      Sentiment: Hold

 
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