Halliburton Company (HAL), Nuverra Environmental Solutions Inc (NES): Why Water Recycling is So Critical for Energy Companies

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This is why the partnership between Halliburton Company (NYSE:HAL) and Nuverra Environmental Solutions Inc (NYSE:NES) is so important for the industry. Not only does Halliburton Company (NYSE:HAL) believe it can save Bakken producers up to $400,000 per well, but it would save valuable fresh water as well. In fact, its goal is to have the industry use 25% less fresh water next year, even as more wells are drilled with the potential of more water being used for each frac job.

The bottom line, with the industry likely to use more water to frac each well, it is critically important for it to recycle water to meet this need. This is why the solution put forth by Halliburton Company (NYSE:HAL) couldn’t come at a better time. It also means that both Halliburton Company (NYSE:HAL) and Nuverra Environmental Solutions Inc (NYSE:NES) make for a compelling opportunity for investors looking to cash in as these two solve this crucial problem.

The article Why Water Recycling is So Critical for Energy Companies originally appeared on Fool.com is written by Matt DiLallo.

Fool contributor Matt DiLallo owns shares of Nuverra Environmental Solutions . The Motley Fool recommends Halliburton. The Motley Fool owns shares of Nuverra Environmental Solutions and has the following options: long January 2014 $4 calls on Nuverra Environmental Solutions and short January 2014 $3 puts on Nuverra Environmental Solutions . 

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