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Water Stocks Report; Wescorp Energy's (OTCBB: WSCE) Oil-Water Separation Technology Addresses Multi-Billion Dollar Market Opportunity
| Source: Water-Stocks.com; Oilandgasstocksnews.com; Investorideas.com; Wescorp Energy
POINT ROBERTS, WA and DELTA, BC--(Marketwire - 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
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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