Water for Oil & Gas: Market Trends and Forecasts, 2023–2030

Report available for purchase and immediate download The global use of oil & gas as an energy source continues to rise due to population growth and industrialization. Rising demand for a variety of petroleum-derived goods (e.g., plastic) also fuels global demand.  Water and oil & gas are intrinsically linked. Within upstream energy, water is used for oil & natural gas exploration and production—especially in unconventional (fracking) natural gas developments. Within downstream energy, water is necessary to process crude oil into a refined product.  For water solutions providers, the vertical presents opportunities in concentrated geographic markets with historical oil & gas capacity, areas with expected refinery developments, and areas where water scarcity risks continue to drive efficiency projects.  This report lays out Bluefield’s 2023–2030 forecast for capital expenditures (CAPEX) and operating expenditures (OPEX) for water and wastewater providers in the oil &