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This led to a new midstream water industry developing almost overnight to treat and move PW around the shale play. Similar to the experience in the Marcellus, a midstream PW management industry popped up quickly to respond to the operator’s need for PW treatment and logistics. Venture capital money flowed in.
In a new whitepaper titled What Remains: North American Upstream Inventory, energy private equity firm Kimmeridge outlines which shale basins have the best runway for returns over the next 10 yearsand why the spotlight is now turning to Canada. Gas-Weighted Play: Strong economics tied to growing LNG demand and export potential.
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