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Produced water is a byproduct of natural gas extraction and production. It is a mixture of water and chemicals that is generated during the drilling and production of natural gas. Produced water is typically disposed of through injection wells, evaporation ponds, or surface discharge. It is also used for hydraulic fracturing, or fracking, which is a process used to extract natural gas from shale formations. Produced water is a growing market, as the demand for natural gas increases. Companies are investing in technologies to reduce the environmental impact of produced water, such as water treatment and reuse. Additionally, companies are exploring ways to use produced water for other purposes, such as agricultural irrigation and industrial cooling. Companies in the produced water market include Halliburton, Schlumberger, Baker Hughes, Weatherford International, and Cudd Energy Services. Show Less Read more