With the recent upward, albeit gradual, trend in oil prices, a degree of cautious optimism has returned to the oil industry. Last week, oil climbed above $50/bbl and the US rig count was up for the sixth straight week. If Boston-based Gradiant has its way, its deployment of mobile evaporators may soon be another metric used to gauge exploration and production activity.
Since it was founded four years ago, the company has focused on treating produced water. Its initial product was a humidification…Continue reading