In the News
Houston, TX | January 25, 2016
Water Standard, a leader in water treatment solutions for the oil and gas and industrial sector, is pleased to announce that it has acquired the business of Monarch Separators, a Houston, Texas-based supplier of industrial produced water and oil separation equipment, with a long and successful history of delivering differentiated equipment globally into the upstream and downstream oil and gas industry.
Amanda Brock, CEO of Water Standard, remarked, “This exciting acquisition complements our product lines and enhances our technology portfolio. With the separation capabilities of Monarch, we are now a full service water treatment solution provider delivering injection water, high purity water, produced water and industrial wastewater treatment to our customers. This confirms Water Standard’s position as a highly sought after provider of robust, integrated technologies that are responsive to our customers’ changing needs.”
The synergies between the two companies, combined with the advantages of vertical integration, enable the Water Standard Group to quickly deliver innovative, competitively priced treatment solutions, from small, skid-mounted assemblies and mobile equipment, to larger integrated packages and modules.
Kirk Wagner, President of Monarch Separators added, “We are thrilled be a part of the Water Standard Group. This acquisition will support our mission to provide comprehensive produced water treatment solutions, including system integration, analysis, and support services, which is missing in the industry today. We are excited to combine our experience and talent to share the benefits of this transaction with our customers around the world.”
ABOUT WATER STANDARD
Water Standard is a global water treatment specialist and recognized leader in delivering innovative solutions and services to the energy industry. The company specializes in compact modular systems and mobile onshore and offshore facilities, offering flexible contract options for products and services ranging from specialized engineering and design, to turn-key and rental systems. For more information, visit: www.waterstandard.com.
ABOUT MONARCH SEPARATORS
Monarch designs, engineers, and manufacturers various essential separation technologies for the removal of oil and solids from water produced by the global energy industry.
For more information, visit: www.monarchseparators.com
Holly Churman, Technology Manager at Water Standard, will present “Evaluating economic tradeoffs in produced water treatment for CEOR flood development” on Wednesday, Jan 27 at 8:10 am at PWS in Houston. As co-author of this presentation, Holly will expand on the abstract below:
One of the most challenging aspects of Chemical Enhanced Oil Recovery (CEOR) is the evaluation of economic trade-offs during the design phase of a project. Often, the most impactful and difficult of these decisions involves modification of the composition of the injection water, as it is uncommon for operators to have suitable water available for CEOR floods without prior treatment. This is particularly important when the injection water source under evaluation is produced water. The extent to which water must be treated to achieve CEOR program objectives must then be determined. A screening workflow has been developed to quantify water treatment strategies on a Net Present Value (NPV) basis to aid water treatment decision making.
One example of a water treatment decision is whether to use hard, high-salinity produced water in a surfactant-polymer (SP) flood, or to soften the water and add alkali in an alkali-surfactant polymer (ASP) flood. Is the cost of softening the water worth the advantages of adding the alkali? Or is there a cost benefit to desalinating and softening the produced water for polymer flooding? We attempt to answer these questions by developing economic case studies for a set of reservoir properties and water compositions.
A unified screening tool merging mechanistic reservoir simulation and modeling of produced water treatment strategies allows users to compare various options on the basis of NPV. Reservoir simulations were completed using parameters derived from laboratory and field-scale measurements to properly capture the impacts of selected produced water softening and desalination methods on the performance of the CEOR floods. Test cases evaluating the use of produced water to drive an ASP pilot in a heterogeneous carbonate were conducted, followed by investigation into other reservoir conditions. This new tool and workflow has proven advantageous to enable users to navigate the difficult decision matrix of produced water driven CEOR flood development.
Robert Fortenberry, Reservoir Engineer, Ultimate EOR Services
Holly Churman, Technology Manager, Water Standard
Lisa Henthorne, SVP and CTO, Water Standard
Modjeh Delshad, President, Ultimate EOR Services
Click HERE for more information on PWS.
Water Standard Management, a global water treatment company, recently announced that it has signed a Memorandum of Understanding with Pall Corporation. The two companies will collaborate in developing and offering integrated membrane solutions for greenfield and brownfield waterflooding projects in the upstream oil and gas industry.
Water Standard’s CEO, Amanda Brock, commented, “We are very excited about the opportunity to work with Pall Corporation. As operators increasingly understand the benefits of waterflooding, this collaboration with Pall brings together leaders in the industry who can offer operators proven, compact water treatment solutions. Together, we can provide an integrated membrane solution to meet clients’ technical needs, even in challenging environments. Offshore space and weight constraints have often impacted an operator’s ability to install waterflood systems but with these new compact systems, operators will be able to consider waterflooding to extend field life and increase productivity and profitability for many additional years.”
Membrane technology has been used offshore in multiple applications for over 25 years. Water Standard focuses on using proven membrane technology in compact configurations to meet the demands of offshore waterflood applications. Water Standard’s expertise in developing compact membrane solutions, combined with Pall Corporation’s proven track record of providing high-tech water filtration systems to the waterflood market, results in high value water treatment solutions to meet the most demanding requirements for the upstream oil and gas industry.
For more information on Water Standard’s compact membrane product line, contact us at 713-400-4777 or email@example.com.
ABOUT WATER STANDARD
Water Standard is a global water treatment specialist and recognized leader in delivering innovative water treatment solutions and services for desalination, water-based improved and enhanced oil recovery (IOR/EOR), ultrapure and produced water to the onshore and offshore Oil and Gas industry. The company specializes in compact modular systems and mobile offshore facilities and offers flexible contract options for products and services ranging from specialized engineering and design to turn-key and fully outsourced solutions.
ABOUT PALL CORPORATION
Pall Corporation is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industrial manufacturing. Pall works with customers to advance health, safety and environmentally responsible technologies. The company’s engineered products enable process and product innovation and minimize emissions and waste. Pall Corporation serves customers worldwide. For more information, please visit: www.pall.com.
Amanda Brock, CEO of Water Standard, contributed insight to the discussions of the water energy nexus at the Border Energy Forum (BEF) in San Diego, CA, Oct 14-16, 2015. This unique forum brings together elected officials, top-level executives and energy innovators to facilitate cross-border business.
In an era of increasing water scarcity, the energy industry’s focus must shift to cost, access to supply, reuse, and disposal. As economic growth and water are inextricably linked, it’s crucial to better understand and define the industry’s local impact.
Ms. Brock moderated a panel as a featured expert and joined Texas Land Commissioner, George P. Bush, Mexican Secretary of Economy, Ildefonso Guajardo Villarreal, Former President of Mexico, Vicente Fox, Canadian Ambassador to the US, Gary Doer, and many others to work together to increase regional development of clean energy projects, promote cross-border energy trade, and advance technologies and innovative solutions for sustainable resource management.
Ms. Brock also interviewed George P. Bush to dig deeper into energy issues. Click the image below to see the full interview.
To learn more about the BEF, visit http://borderenergyforum.org/.
Water Standard is pleased to present Upstream Technology Magazine’s article featuring Water Standard and the development of compact Membrane Deaeration Technology (MDA) to remove dissolved oxygen from injection water. This article, which was published in the 10/2015 edition of Upstream Technology is protected by copyright. Click the image below to read the full story.
Amanda Brock, CEO of Water Standard will continue to contribute insight to the discussions of the energy-water nexus at the Border Energy Forum (BEF) in San Diego, CA, Oct 14-16, 2015. This unique forum brings together elected officials, top-level executives and energy innovators to facilitate cross-border business.
In an era of increasing water scarcity, the energy industry’s focus must shift to cost, access to supply, reuse and disposal. As economic growth and water are inextricably linked, it’s crucial to better understand and define the industry’s local impact.
Ms. Brock will moderate a panel as a featured expert and will join TX Land Commissioner, George P. Bush, Mexican Secretary of Economy, Vicente Fox, Former President of Mexico, Ildefonso Guajardo Villarreal, Gary Doer, Canadian Ambassador to the US and many others to work together to increase regional development of clean energy projects, promote cross-border energy trade, and advance technologies and innovative solutions for sustainable resource management.
To learn more about the BEF, visit http://borderenergyforum.org/.
Booms, busts, and the next big thing
Water needs to keep looking beyond the horizon, says Amanda Brock.
Water industry players are eternal optimists with short memories. Looking at the global macroeconomics of water scarcity and infrastructure needs, who can blame us? Any logical person would conclude that there is big money to be made and invested. Consider California – one would assume that opportunities abound for smart water companies and investors. However, while there is growth in certain niche segments, there remain few viable options for the private sector to develop and fund long-term sustainable solutions. Water is not always about logic.
The American Water Works Association just published its 2015 Annual State of the Water Industry Report, which again concludes that infrastructure challenges top the list of concerns, and questions how to finance critical infrastructure. AWWA estimates $1 trillion is needed in investment to replace and expand US water and wastewater infrastructure. The reality, however, is that the municipal market has not developed as hoped, and continues to disappoint private sector investors. While the lack of opportunities has driven certain players to exit the market, the sheer magnitude of investment required is so tantalising that they are quickly replaced by fresh players keen to crack the code.
With the hurdles facing the growth of the municipal sector, many hoped that the “next big thing” in water would be water treatment in the unconventional oil and gas sector. But as rapidly as the market grew, it then contracted. Many water and oil field service companies which made significant investments in the sector are scrambling to redefine their focus. While the energy industry is used to dramatic boom and bust cycles, water players are not, and this sort of volatility has hit them particularly hard.
To compound the problem, the US Environmental Protection Agency has now published its long-awaited draft report on the impact of hydraulic fracturing, concluding that frac’ing has not led to widespread systemic impacts on drinking water sources. This result will further delay investment in water treatment in the unconventional energy sector. Only those companies with strong balance sheets, well-defined channels to market and a diverse product and client base, or those with proven, commercialised technologies that lower costs, will survive in the longer term.
So what now? We do what we always do: try to ignore the disappointments and look for the “next big thing” to get excited about.
Players are now rushing to position themselves in the growing industrial and power sectors, fuelled by the availability of cheap energy. Power utilities now see themselves as the next big water players, capable of taking advantage of their access to the retail market, their own water needs, their ability to co-locate power, water treatment facilities and desalination plants and, most promisingly, delivering behind-the-fence, multi-commodity services to industrial clients. Allete, a Minnesota- based power utility, recently bought U.S. Water Services, an integrated industrial water management company, in order to gain access to the industrial sector, and more M&A activity is predicted.
Desalination is all the buzz in Texas, and companies are arriving in droves touting their references and establishing offices. Curiously, European players are looking to expand into the US and Mexico, while US players are looking to expand globally. Meanwhile, all is not lost in the oil and gas water treatment sector. There is continued growth in water treatment for enhanced oil recovery, smart water injection and produced water treatment, recycling, and waste minimisation, while a mid-stream sector is beginning to emerge.
Overall, we should be cautious and consider the implications of the markets that have not developed as anticipated, and consider lessons learned. Making money and succeeding in the water sector is hard. But what makes us unique in water is the very fact that we have short memories and are always looking forward. As eternal optimists, we remain convinced that we will always be the ones to find the “next big thing.”