Frost & Sullivan: Aging Oilfields Stoke Demand for Highly Efficient Produced Water Treatment Systems
32 minutes ago - PR Newswire via Dow Jones News
Burgeoning potential in the Southeast Asian market encourages more intensive R&D and investments KUALA LUMPUR, Malaysia, Nov. 23, 2014 /PRNewswire/ -- The rising number of mature oil fields in Southeast Asia has intensified the focus on produced water (PW) treatment technologies that are both cost efficient and effective. Unlike new oil and gas (O&G) wells that generate minimum water cut (ratio of water to the overall volume of liquids produced), wells that are 20 to 30 years old have w...