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Re: tdbowieknife post# 81480

Monday, 09/15/2014 12:53:00 AM

Monday, September 15, 2014 12:53:00 AM

Post# of 116863
Schlumberger, Treaty's aligned company to finish Belize wells, has this to say about water:

.... While NGP and its peers have successfully invested in U.S. shale producers, picking a winner in water treatment eludes even Schlumberger Ltd. (SLB), the world’s largest oilfield services provider.

Schlumberger jumped into water recycling years ago envisioning a fast-growing, vibrant new specialty.

“We’ve spent millions and millions of dollars evaluating virtually every available and reasonable-looking technology out there, always hoping we’d find the silver bullet,” said Mark Kidder, who runs Schlumberger’s oilfield water management unit. “At this point, we found nothing.” ....
http://www.bloomberg.com/news/print/2013-11-26/fracking-bonanza-eludes-wastewater-recycling-investors.html


So, finding the silver bullet is big time....


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