The Marcellus Shale Play is creating an unprecedented opportunity to invest in a rapidly-developing sector of water technology.
Tapping into shale gas reserves in the states of New York and Pennsylvania will require technologies that ensure precise safe water management at remote sites.
Ten of the companies chosen for the 2011 Artemis Top 50 are working in shale gas drilling in Marcellus. These companies’ work in Marcellus provides a valuable first view into the new leadership that might emerge in water management from shale gas drilling.
“Experts estimate that shale gas drilling will grow sevenfold over the next 10 years in the Marcellus Shale. The resulting market for wastewater disposal and treatment in this region alone will exceed US$3 billion per year.
The new report from Artemis Water Strategy, “The Marcellus Effect,” evaluates how these promising companies are turning this opportunity into a proving ground for solutions that could make them new leaders in the water industry.
The intense competition in the shale gas drilling market will have wide-reaching impact for the water industry as a whole. From this limited, niche market of shale gas drilling, we predict a new breed of product solution will emerge.