Frac Water Demand to Increase 30% by 2022
Frac water demand is expected to increase 30% by 2022, with 53% of that increase taking place in the Permian Basin, said Rystad Energy in its recently released “Water Management Report”.
The increase in water demand is mostly driven by increases in forecasted completions activity, and the continued trend towards longer laterals.
Rystad Energy expects frac water demand across the US to hit 4.9 billion barrels in 2019, with 2.28 billion barrels taking place in the Permian Basin.
Rystad Energy normally defines spare capacity as a country’s underutilized capacity, including any current outages.