Water management in US shale gas projects a must - Schlumberger

06 March 2012 06:02  [Source: ICIS news]

HOUSTON (ICIS)--Shale gas extraction in the US must use up less water to maximize the development of the industry, said an executive at a US-based oilfield services firm on Monday.

Water management will also determine the success of shale gas production overseas, said Patrick Schorn, president of Schlumberger, at a panel discussion at CERAWeek 2012.

"If we require as much water as we do today, we limit how much we can develop. Water management is extremely important," Schorn said.

Shale gas could provide new sources of chemical feedstocks.

In North America, the advent of shale gas has benefitted the petrochemical industry by providing it with cheap energy and feedstock natural gas liquids (NGLs).

CERAWeek lasts through Friday.

By: Al Greenwood
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