Hexion's AquaBond technology has been launched to reduce water produced as a byproduct from hydraulic fracturing by 98%. Formation water is the oil and gas industry’s largest byproduct with up to 10 barrels produced for every one of oil. Dealing with waste water takes up up to 50% of water management costs and at up to $6m per well, this is estimated to make up almost half a well’s running costs. AquaBond changes the permeability of the proppant, allowing oil, but not water, to pass to the surface.
Hexion's AquaBond technology has been launched to reduce water produced as a byproduct from hydraulic fracturing by up to 50%. Formation water is the oil and gas industry’s largest byproduct with up to 10 barrels produced for every one of oil. Dealing with waste water takes up 98% of water management costs and at up to $6m per well, this is estimated to make up almost half a well’s running costs. AquaBond changes the permeability of the proppant, allowing oil, but not water, to pass to the surface.