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Open Access
An Economic Assessment of Using Aqua Pure Technologies’ PROH2O® System to Treat Produced Fluids from Hydraulic Fracturing Operations for Reuse in Alberta, Canada
(2016-08) Coombes, Jeffrey Travis; Achari, Gopal
As conventional forms of oil and gas mature, unconventional resources are becoming desirable. Unconventional resources, found in tight rock formations, require hydraulic fracturing to extract the resource. Large quantities of water are required and produce vast amounts of contaminated wastewater. Currently, wastewater must be locked away permanently, deep underground. This paper provides an economic assessment of using Aqua Pure Technologies’ PROH2O® system to treat wastewater for reuse. The aim is threefold; can the impact on water resources be reduced, can cost savings be achieved, and should Dragos Energy Corporation initiate investment in the technology? To complete the economic assessment, a hypothetical hydraulic fracturing operation is modeled and analyzed. Although a number of assumption have been made to complete this analysis, the author shows that the technology can be used to create significant economic and environmental benefits which could lead to a competitive advantage for Dragos Energy Corporation.