The Largest Challenge to Permian Field Development
https://www.rigzone.com/news/the_largest_challenge_to_permian_field_development-18-apr-2019-158630-article/From sourcing to disposal, water is becoming the largest challenge to field development in the Permian Basin.
That’s according to energy research and consultancy company Wood Mackenzie (WoodMac), which made the statement in a recent post published on its website. In the post, WoodMac said failure to address these issues could increase costs, “with potential consequences as severe as well shut-insâ€.
“The number of completed Permian wells continues to increase, and water disposal volumes are forecast to double by 2022,†WoodMac said in the statement.
“This produces increasingly large volumes of water. Even with 100 percent water re-use for completions, which is unlikely, the current salt water disposal infrastructure is expected to hit capacity in the near future. Additionally, increased water trucking has created traffic jams and damaged roads,†WoodMac added.
“Water disposal costs can account for a third of total lease operating expenses in the Permian....
