Water Is for Drinking Not for Fracking

Averaging 3 million gallons per fracking well, the oil and gas industry is at risk of running our country dry in many geographic regions. As states continue to join the trend of mandating water recycling, companies will fall under increased pressure to comply or they will likely pay hefty fees on top of the costs of an already expensive operating environment. 

Several companies on the production side, such as Southwestern Energy (NYSE: SWN  ) and Sandridge Energy (NYSE: SD  ) , have begun addressing this problem. From a services standpoint, Halliburton (NYSE: HAL  ) is pioneering multiple, different applications that producers can choose from to both ease the stress on the environment and reduce overall costs.

Keying in on environmentally safe fracking is slowly becoming an identifying factor of Halliburton's business model. As the domestic fracking market begins to rebound, investors would be wise to consider Halliburton, one of the top companies in the business and one of those most in tune with the domestic market. To access The Motley Fool's new premium research report on this industry stalwart, simply click here now and learn everything you need to know about how Halliburton is positioning itself both at home and abroad.

Because the idea of recycling water used in fracking is a relatively nascent endeavor for the industry, it could be a great time to consider some key players from an investment perspective. For more analysis on these companies' efforts to address this issue, check out our video below.


Read/Post Comments (7) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On June 22, 2013, at 11:23 AM, Tysan wrote:

    Water is for drinking! Not washing cars, washing out rain gutters, taking a bath or cooling reactor rods, etc. Only for drinking! W.E.

  • Report this Comment On June 22, 2013, at 12:41 PM, dfox1836 wrote:

    Please take a look at Gasfrac (GSFVF), a pioneer in waterless fracking. This stock is poised to take off.

  • Report this Comment On June 22, 2013, at 3:47 PM, jwilson08 wrote:

    Yes, no water is ever ever ever produced when pumping oil. The water that is not there is not constantly recycled by the oil companies and never ever ever re used by them in fracking or any other production, ever. Signed, a concerned liberal idiot.

  • Report this Comment On June 22, 2013, at 4:46 PM, mdfrench wrote:

    Why is 3 millions gallons of water such a large amount? The City of Wichita Kansas wastes nearly 4.9 million gallons of water per day due to leaks,

    A farmer could grow a little over 2 acres of corn in SE Colorado, and farmers in Kansas can grow 4.5 acres of corn with the same amount of water.

    It is called produced water that is brought up with oil and gas. It is mostly brine and/or toxic. This water is pumped back into injection wells, or dumped on the ground. In Kansas dumping waste on fields has been declared LEGAL.

    9.207 acre feet of water is nothing when you compare it to the waste of water growing corn in a desert!

  • Report this Comment On June 22, 2013, at 6:49 PM, automaticsteam wrote:

    Spice!

  • Report this Comment On June 22, 2013, at 6:52 PM, automaticsteam wrote:

    If water is to be used, it should be sea water.

  • Report this Comment On June 22, 2013, at 6:52 PM, automaticsteam wrote:

    Truck glaciers and icebergs in...

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2502670, ~/Articles/ArticleHandler.aspx, 12/22/2014 2:27:25 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement