North American energy companies spent over $24.5 billion on water and water-related services in 2017. To address these costs, the oil and gas industry has long supported water reuse, with similar direction from regulators. However, water sharing has been difficult due to a combination of regulatory challenges and lack of information on actual sharing opportunities.
HubH2O is a Calgary-based water intelligence company that works with energy producers and service companies to address challenges with compliance, cost and availability of water (www.HubH2O.com). HubH2O’s new tool, the WaterShare, helps solve water availability challenges by making sharing opportunities visible for everyone involved in water management. Quite simply, the free web-based tool connects those who need water with those who have water to give.
WaterShare helps operators overcome the significant hurdle of visualizing water availability without the manual and time-consuming process of seeking out available volumes and the corresponding contacts. The simple map-based format allows operators to identify sharing opportunities quickly, and understand basics such as the water type, expected timing and estimated volume.
Historically, water reuse has lowered fresh water requirements and disposal costs for oil and gas operations. The map-based WaterShare will make it easier for operators to connect, share resources, maximize water reuse, lower the cost per cubic meter of water and support environmentally responsible development into the future.
The value of WaterShare will grow as more “water available” and “water needed” posting are made on the tool, and will quickly become a key resource for water logistics staff. The posting of water needs will build the transparency required for water to be shared effectively. The WaterShare will support planning and will lessen the reactive nature in today’s water management roles, resulting in improved cost and environmental performance.
Join HubH2O on Monday, December 17th for a free Lunch & Learn and launch of the WaterShare. Please RSVP to: info@hubh2o.com
What: HubH2O WaterShare Lunch & Learn
Where: Conference Centre, The Edison, 150 9th Ave SW
When: Monday, December 17th at Noon
Who: Those involved in water management
Cost: FREE!
Let’s prove how easy water sharing can be and push regulations to keep pace!
For more info on HubH2O, visit: www.HubH2O.com