Report

Oil and Gas Exploration and Production Waste Management Market: Development, Opportunities and Market Outlook (2016-26)

Oil and Gas industry is one of the most substantial pillars that drive the modernization of contemporary industries. The steady growth of the industry has necessitated the implementation of newer technologies and sciences to keep it on par with the growing demands, hence accelerating the industry to redefine horizons and develop constantly. As the industry invariably deals with chemical, products and produces which are hazardous in nature, it is absolutely essential to have a robust waste management system, which brings in a substantial scope of waste management market in the industry.

Exploration and production waste (E&P waste) are those wastes whose generation is associated with the operation of hydrocarbon productionand transportation. They also include the by-products that are generated along with hydrocarbon production (water, C02, Drill cuttings etc.). Wastes which are generated from the production stream along with the ones generated from primary separation stations are also included in E&P wastes.

Waste management is defined as the science which is an integral part of anorganization’s environmental management system and is a series of policies and process that defines a cohesive manner in which the wastes produced will be handled. The growing concern of the potential harm to health and environment associated with the wastes necessitates a need of an efficient management of wastes with minimum economical investments and maximum reduction of potential hazards.

The above implementations suggest a substantial growth in Waste Management Market, which had an estimated worth of 2.75 billion dollars in 2016, and is growing at a steady rate of XX% every year. Our extensive and in-depth analysis concludes that the market is booming and suggests that it will eventually reach an approximated net worth of xx billion dollars by 2026.

Oil and Gas E&P Waste Management: Technology and Methodology overview:

The primary purpose of waste management is pollution prevention which proves to be a guiding factor for waste management plan development. The primary factors utilized for the same are as follows:

  • Source reduction:
  • It focuses on methods of reducing production of primary waste itself from the source
  • Reuse:
  • It focuses on reusability of products to reduce unnecessary disposal
  • Recycling/Recovery:
  • It focuses on conversion of wastes into useful products
  • Treatment:
  • It focuses on reducing the hazardous nature of wastes thereby easing their disposal
  • Responsible disposal:
  • Using an appropriate method to dispose waste in order to minimize environmental degradation.

A comprehensive waste management plan is co-related to various factors like ecological sensitivity, availability of technology, geography and more. In general any waste management plan is guided by the following.

  • Management Approval
  • Area Definition
  • Waste Identification
  • Regulatory analysis
  • Waste Categorization
  • Evaluation of Waste Management and Disposal Options
  • Waste Minimization
  • Selection of Preferred Waste Management Practice(s)
  • Implementation, review and regular updating.

A thorough analysis, explanation and utilization of methodology have been covered under this report.

The primary drivers of the market include the growing uproar by the society and social organizations to conserve the environment and wildlife. As E&P wastes are a major source of pollution with significant environmental and health concerns, the political as well as media constraints make sure that the governments implies strict policies and sanctions on the organizations associated with the oil and gas industry. Another import driver includes the significant cost reductions that can be achieved with efficient waste management systems which can eventually supplement the economic viability of their project. However, the market is strongly restrained in countries with significantly weaker waste management policies and concerns (like African countries etc.). In such cases, waste management seems like an added input cost and therefore, companies usually try to avoid this practice and keep it at a bare minimum. Besides, the trends suggest that stricter governmental policies and growing environmental concerns marks an increase in market size and therefore opening ways for further advancements in research and development.

Comprehensive competitive analysis and profiles of major market players such as Soli-Bond Waste Processing Services, Secure Energy Services Inc., Weatherford International Ltd., Soiltech AS, TWMA, Step Oil Tools, Specialty Drilling Fluids Limited, and Tervita Corporation etc. is also provided in this report.

Kindly fill the details below to get the Table of Contents

By Location

  • Onshore Management
  • Offshore Management

By Nature of Application:

  • Source reduction
  • Reuse
  • Recycling/Recovery
  • Treatment
  • .

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa
  • Market overview and forecasting covering Optimistic, Realistic and Pessimistic scenarios (2016-2026)
  • Analysis and study of various services provided by major players active in the Oil and Gas Waste management in E&P market
  • Market segmentation based on Location, Nature of Application & Geography
  • Detailed coverage of technology and services involved
  • Technical comparative studies and case analysis
  • Competitive landscape with in depth analysis of the market players’ strategy
  • Infraline’s Techno Managerial edge covering SWOT, TOWS, Porter’s five forces and PESTLE analysis

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