Bloomberg Coverage Of First Oilfield Water Connection Conference
Bloomberg news reported live from our first oilfield water business and finance conference in Houston on June 21, 2019.
You can read the full story at this link, here is an excerpt:
Pipeline owners already are adept at transporting oil and gas, so adding water to their portfolios may be a logical next step, Peter Bowden [Jefferies’ global head of energy investment banking] said Friday at an Oilfield Water Connection conference in Houston. In the Permian Basin alone, the combination of saltwater and wells and water used in the fracking process is expected to be three times larger than crude output by 2023, according to Jefferies.