An Economic Assessment of Using Aqua Pure Technologies’ PROH2O® System to Treat Produced Fluids from Hydraulic Fracturing Operations for Reuse in Alberta, Canada
Date
2016-08
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Abstract
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.
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Citation
Coombes, J. T. (2016). An Economic Assessment of Using Aqua Pure Technologies’ PROH2O® System to Treat Produced Fluids from Hydraulic Fracturing Operations for Reuse in Alberta, Canada (Unpublished report). University of Calgary, Calgary, AB.