Cleantech Investor News - Water Stocks Report on Oil- Water Separation Technology
POINT ROBERTS, WA and DELTA, BC –September 22, 2009, www.Investorideas.com and www.water-stocks.com, an investor and industry research portal covering the water sector, present an industry report by Lisa Springer CFA, Equity research analyst, on the oil- water separation technology industry multi-billion dollar opportunity.
The recent report examines how Wescorp Energy (OTCBB: WSCE) is providing solutions for one of the oil and gas industry’s environmental challenges, ‘produced water’.
Proprietary Oil-Water Separation Technology Addresses Multi-Billion Dollar Market Opportunity
Lisa Springer CFA, Equity research analyst and financial writer
Stocks Covered - Wescorp Energy (OTCBB: WSCE)
One of the greatest challenges oil and gas companies face is cleaning “produced water”, water that comes up with the production of oil or gas, or water left over from their drilling operations. This water, contaminated with hydrocarbon solids, sand, drill cutting and salt, is a major source of pollution and must be brought to the surface, treated to separate the water from residual oil, then disposed of either by re-injecting the treated water into the ground or pumping it into a surface separation pond. Treating and disposing of this water can cost as much as $12.00 per barrel and energy companies also lose thousands of dollars in potential oil revenues each year because some oil remains trapped in the water despite treatment.
The scope of the problem becomes apparent when you consider that oil and gas companies must dispose of some 250 million barrels of oilfield contaminated water daily. The global market for the cleaning and re-use of produced water is estimated to exceed $50 billion annually. Oil revenues lost because treatment technologies leave some oil still trapped in the water are not trivial, either. An article in the May 12, 2008 edition of Oil and Gas Journal titled “Produced Water Management: Controversy versus Opportunity” suggests as much as nine tons of oil remain trapped in oilfield water for every million tons of hydrocarbons produced.
Wescorp Energy (OTCBB: WSCE) has developed and begun commercializing a proprietary oil-water separation technology that is able to remove more of the residual hydrocarbons from treated oilfield water. Depending on the specific technology, conventional treatment methods can leave as much as 5,000 to 30,000 parts per million of hydrocarbons behind. Wescorp’s technology reduces the hydrocarbon component of treated water to less than 10 parts per million. H20Maxx technology uses an aeration process based on microscopic bubbles several orders of magnitude smaller than conventional technologies. The bubbles attach to oil droplets in the water and break the oil/water interface, allowing the oil to be skimmed off. The benefits of H20Maxx technology include lower disposal costs, the ability to recycle treated water in drilling operations, thus reducing fresh water consumption and the recovery of greater amounts of residual oil.
Read Full report: http://www.investorideas.com/news/091609a.asp
Lisa Springer Bio/ Disclaimer: http://www.investorideas.com/About/Lisa-Springer-CFA/
Featured Water Stocks and Oil and Gas Showcase Company:
Wescorp Energy Inc. (OTCBB: WSCE ) Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
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Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase company Wescorp (WSCE), news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp http://www.investorideas.com/About/News/Clientspecifics.asp
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To contact WSCE Investor Relations visit: Wescorp Energy Inc Company Website
Source: Water-Stocks.com, Oilandgasstocksnews.com, Investorideas.com, Wescorp Energy
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