From Rigzone: frack water demand in the US skyrockets.
While U.S. shale oil production is hitting record levels, Rystad has
found that frac water demand has more than doubled since 2016. The
demand in the Permian alone currently exceeds all of U.S. demand of
2016.
The future for frack water demand also looks positive, with Rystad
predicting demand to grow by an additional 6 percent in 2019 [inconsequential]. The
Permian will see demand surpass 2.5 billion barrels by 2020.
"Even with such steep growth, market concerns about sourcing challenges and bottlenecks appear to be minimal.”
Rystad noted strong growth for the water treatment market in 2018,
with a 28 percent expansion to 1.4 billion barrels last year. The market
is forecast to double 2016 totals by 2020.
Note: the amount of water used in the Bakken has remained relatively stable for several years.
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