The “hydraulic” part of the fracking equation means buying a lot of water and then paying to get rid of it once it’s been tainted. So figuring out how to help companies recycle frack water is an emerging business opportunity that could be worth countless billions. But we’re not there quite yet—it still costs more to use recycled frack water in shale plays where water is plentiful and disposal wells numerous. Right now if you look at plays where there aren’t enough disposal wells, frack water recycling is becoming the norm. At the same time, the price gap is closing, gradually, for recycling in arid areas where water is harder to come by. We’re eyeing the companies who are poised to take advantage of what will certainly be the future of fracking
But before we take you through the companies who are hedging their bets on the profits to be made on recycling frack water, let’s take a look at the costs and the latest technological advancements.
The background to this story takes us back to the Barnett shale in Texas, where the shale boom really started off. At that time, water was fairly affordable and operators could pretty easily get rid of the chemical-laden frack water in disposal wells. So obtaining and getting rid of frack water hasn’t been a huge problem—but it is an expensive one.
Recycling frack water is still a relatively new idea—more so, recycling frack water for use as…