www.Water-Stocks.com, an broker and industry aperture for the baptize area aural Investorideas.com, presents a area close-up on baptize stocks by Lisa Springer CFA, Equity analysis analyst, on the bazaar befalling for remediating oil- attenuated water.
Market Opportunity Remediating Oil-Contaminated Water Lisa Springer CFA, Equity analysis analyst and banking writer
Stocks Covered:
Cameron Intl Corp (NYSE:CAM), General Electric (NYSE:GE), Nalco (NYSE:NLC), National Oilwell Varco (NYSE:NOV), Veolia (NYSE:VE), Wescorp Energy (OTCBB: WSCE), Weatherford International (NYSE:WFT)
Although oil spills abduction headlines, a greater ecology claiming for the oil and gas industry is remediating baptize attenuated in their assembly operations. Water that comes up with the assembly of oil and gas is alleged “produced water.’” Produced baptize is attenuated with hydrocarbon solids, sand, assignment cuttings and salts. Oil companies absorb an estimated $50 billion every year remediating and/or administration of produced baptize to accede with local, state, bigoted and federal ecology laws.
The aggregate of produced baptize common is estimated at tens of billions of barrels anniversary year. On average, every base of oil produced after-effects in three barrels of produced water. That equates to managing or administration of added than 250 actor barrels of produced baptize anniversary and every day. The hydrocarbons trapped in produced baptize are, not alone an ecology hazard, but aswell a antecedent of absent revenues. Data indicates that, on average, nine bags of oil is appear via produced baptize for every actor bags of hydrocarbons produced.
Disposal costs for produced baptize add to already top activity bills. These costs about cover trucking, pre-treatment, bang and desalination, and can run as top as $15 per barrel. Disposing of the hydrocarbon debris that abide afterwards the baptize is advised is even costlier, estimated at about $72 per barrel.
Remediation costs for produced baptize are acceptable to abide to acceleration because regulators are acute for added acrimonious ecology laws. Penalties for non-compliance are severe; for example, Suncor was afresh fined $850,000 for an ecology violation. Costs are aswell accretion because oil companies are bearing added oil to accommodated the world’s clamorous appetence for energy. Producers are aesthetic assembly from earlier wells through re-fracturing, a action acute massive amounts of beginning water, and borer anarchistic oil acreage plays such as the Alberta Oil Sands and the Barnett Shale. Canadian producers are already arresting over 540 actor barrels of beginning baptize in Alberta Oil Sands operations, consistent in paying baptize apple-pie up and auctioning costs beyond $100 actor annually. Despite the actuality that globally beginning baptize is acceptable a deficient commodity, added baptize is accepting used, arch to demands that producers abate baptize consumption. The botheration is that today’s anarchistic oil productions crave added baptize than anytime – as abounding as 20 barrels of baptize for every base of oil produced.
The administration of produced baptize is a ample bazaar and several companies are business technologies for charwoman produced water. The Petreco Wemco analysis of Cameron (NYSE:CAM) markets a calefaction analysis technology that separates hydrocarbons from water. National Oilwell Varco (NYSE:NOV) articles and sells accessories that mechanically removes abeyant debris from produced water. Nalco (NYSE:NLC) offers an aeration technology alleged Induced Gas Flotation that removes abeyant particles from water. Privately-held Welco Expediting and Process Group bazaar centrifuging technologies for charwoman produced water. The GE Zeon articulation of General Electric (NYSE:GE), Siemens Water Technology and Veolia (NYSE:VE) action analysis methods based on clarification membranes. Although all of the above-mentioned methods abolish some of the pollutants, a lot of individual technologies leave abaft residential oil agreeable alignment from 500 to 50,000 locations per actor in the water. Having balance hydrocarbon in their produced baptize has a above appulse on producers’ operating expenses.
Wescorp Energy (OTCBB:WSCE) afresh began business a atypical remediation technology alleged H20Maxx, which the aggregation claims offers a safer, added able and economical action for charwoman and amid oil and debris from produced water. H20Maxx employs a patented aeration technology that creates diminutive nitrogen bubbles several orders of consequence abate than accepted methods. These bubbles attach to oil aerosol and breach the oil/water interface, acceptance oil to be separated. Third affair class tests accept apparent that H20Maxx reduces oil agreeable in produced baptize to beneath than 10 locations per million. Because H20Maxx-treated baptize is added hydro carbon-free, it badly reduces both operating costs and baptize burning and aswell provides the ambassador with a resalable oil stream. For producers operating in areas area baptize is in abbreviate accumulation such as the Barnett Shale and Alberta Oil Sands, the adeptness to re-cycle baptize is a above advantage.
Oil and gas producers admit the allowances of H20Maxx and accept amorphous application Wescorp’s technology. Last December, Wescorp accustomed 3rd affair analysis of the H20Maxx’s ability and scalability, which led to the signing of a letter of absorbed with Weatherford International (NYSE:WFT).Weatherford is one of the world’s better activity casework providers, with operations in added than 100 countries and anniversary revenues of about $10 billion.
In 2009, Wescorp has fabricated cogent advance deploying its technology. The aggregation alien its aboriginal H20Maxx assemblage to an oil/gas abettor in Kansas in May. The assemblage began operating in July, accouterment remediation casework for one accepted oil well, and is assuming well. The oil aggregation in Kansas has now ordered a additional unit. H20Maxx units are busy on a day charter amount with a 2,000 barrels/day assemblage leasing for about $1,500/day. In June, Wescorp appear the leasing of an H20Maxx assemblage to Western Canadian Oil Sands, which affairs to arrange the assemblage at its Athabasca Oil Sands operations in Northern Alberta. In backward July, Wescorp appear a 50/50 collective adventure with Cancen Oil Canada Corporation to initially install a accumulated 12 H20Maxx baptize units and HXCT debris units over the next 12 months at Cancen’s facilities. The collective adventure will again body added units to accommodate onsite remediation to oil and gas producers in western Canada. Cancen will fund, accomplish and administer the collective venture, as able-bodied as armamentarium architecture and deployment costs of the units.
Lisa Springer Bio/ Disclaimer: http://www.investorideas.com/About/Lisa-Springer-CFA/
Research all-around baptize stocks at the baptize Stocks Directory: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its baptize remediation and ecology technologies that affected boxy operational challenges adverse oil and gas operators today on a all-around basis. Virtually anywhere in the apple oil is produced attenuated baptize is produced, this includes associated accumulation baptize in accepted oil and gas assembly and cooler baptize acclimated in anarchistic oil assembly such as the massive Oil Sands development in Alberta Canada.
Using accepted oil/water/solids break technology, amid 0.05% - 5% (500 ppm - 50,000 ppm) balance oil agreeable charcoal in the water, Wescorp's patented, accurate and awful scalable H2Omaxx diminutive aeration technology addresses this crisis by accepting able to access the accretion of oil and abate the aggregate of hydrocarbons in the attenuated baptize to beneath than 0.001% or 10 ppm. Wescorp's H2Omaxx is acutely economical and environmentally affable eliminating the use of chemicals, filtration systems, top temperature systems and top burden vessels.
Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
www.Water-Stocks.com, a aperture aural the InvestorIdeas.com agreeable umbrella, offers investors analysis tools, news, Blogs, online conferences, Podcasts , interviews and a agenda of accessible companies aural the baptize area .The water-stocks agreeable hub has created a all-around exchange and affair abode for investors, accessible companies, industry buyers and sellers of baptize technology, casework and baptize assets. Subscribe to Investing in Water Podcast RSS Feed
About InvestorIdeas.com:
Investorideas.com creates a affair abode for advance account to crop anatomy and appear to activity in an ambitious environment, application the needs of baby investors and start- up companies to ample conglomerates! We awning assorted industry sectors but specialize in ecology and water.
Disclaimer: Our sites do not accomplish recommendations. Nothing on our sites should be construed as an action or address to buy or advertise articles or securities. We attack to analysis thoroughly, but we action no guarantees as to the accurateness of advice presented. All Information apropos to featured companies is sourced from accessible abstracts and/ or the aggregation and is not the assessment of our web sites. This website is currently compensated by featured advertise companies (WSCE), account submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp http://www.investorideas.com/About/News/Clientspecifics.asp
For More Information Contact:
Dawn Van Zant 800-665-0411 Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com, Wescorp Energy
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment