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Oil Companies are Finding Ways to Skirt Water Scarcity

By Taylor Muckerman and Joel South – Feb 9, 2014 at 1:46PM

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Between recycling flowback and the ability to use brackish water, energy companies are avoiding a potential pitfall.

Knowing full well that fracking for oil and natural gas consumes extreme amounts of freshwater, companies are becoming more innovative in their use of recycled flowback and brackish water. Apache Corp (NYSE: APA) is running wells in the Permian without using a single drop of freshwater, and companies like The Dow Chemical Company (NYSE: DOW) and Halliburton (NYSE: HAL) are putting technology to use in order to help other companies follow Apache's lead. Check out our short video below for more details on which areas are running short and how these companies are combating the issue.

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This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.

Joel South has no position in any stocks mentioned. Taylor Muckerman owns shares of Halliburton. The Motley Fool recommends Halliburton. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Stocks Mentioned

Apa Stock Quote
Apa
APA
$43.49 (-0.87%) $0.38
Halliburton Stock Quote
Halliburton
HAL
$34.97 (-3.08%) $-1.11
The Dow Chemical Company Stock Quote
The Dow Chemical Company
DOW

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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