Description: Water is essential for life here on Earth. The chemical formula for water is H2O. Water has no smell or taste and it's transparent. It can be in the form of ice or a liquid, or a gas (steam). Water forms the oceans, lakes and rivers and is a part of our bodies. 71 % of the Earth's surface is covered by water (the rest is land), which is the same percentage of water that makes up the human body!