NBLX - Water In The (Mid)Stream: How Water Flows Generate Cash Flows
By Stacey Morris
Your elementary science teacher probably taught you that oil and water don't mix, but when it comes to oil production, water plays an important role. In fact, water is both a necessity and a potential headache for oil and natural gas producers. Water is needed for hydraulic fracturing of wells, which involves pumping water, chemicals and sand into a well to open fractures to encourage production of hydrocarbons. Water is also produced alongside hydrocarbons, whether it's water from fracking (flowback) or water that was already in the oil and gas formation. The