Canton, OH and Murray Hill and New Providence, N.J., April 9, 2013 –Linde North America today announced that Robin Watts, Oil & Gas Technology manager of Linde LLC, will give a presentation at the AIPG 4th Annual Symposium describing how Linde’s energized solutions can help hydraulic fracturing operators increase their productivity and decrease water use. Watts will also demonstrate how simple economic assessment tools developed by Linde can help producers estimate the potential economic impact of using different fracturing fluids by including estimates for a variety of cost and productivity factors over the entire life cycle of the well.
“The productivity and environmental benefits of energized solutions fit well with the ‘enhancement’ theme of this year’s symposium,” noted Watts. “Linde’s life cycle calculator tool and the simulation tool examining the productivity implications of different fluid options can help producers make better decisions on how to best manage their water needs.”
Hydraulic fracturing requires 2.5 to 5 million gallons of water per well, and water acquisition, management and disposal represent major costs for producers. Linde’s energized solutions containing compressed or soluble gas allow producers to reduce the total volume of fluid needed by up to half, reducing costs while improving productivity, safety and environmental impact.
Watts’ talk, “A Day in the Life of a Barrel of Water…Evaluating total life cycle costs of hydraulic fracturing fluids,” will be presented at the AIPG Symposium, Marcellus, Utica and Point Pleasant Shale: Energy Development and Enhancement, in Canton, OH, April 10, 2013 at 9:10am. For more information, visit: www.aipg.org
More information on how energized solutions can reduce water use and improve productivity and Linde’s Calculator and Productivity Simulator tools can be found in a white paper, “A Day in the Life of a Barrel of Water” located in the Linde Document Library. For more information on Linde’s oil and gas services, visit http://lindeoilandgas.com/.
About The Linde Group
The Linde Group is a world-leading gases and engineering company with around 62,000 employees in more than 100 countries worldwide. In the 2012 financial year, Linde generated revenue of EUR 15.280 bn (USD 19.9 bn). The strategy of the Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. The company is committed to technologies and products that unite the goals of customer value and sustainable development.
For more information, see The Linde Group online at http://www.linde.com.
Linde Corporate Communications
Phone (908) 771-1491