What is Saltwater Reclamation/Disposal?
There cannot be production without disposal.
Oil reservoirs and natural gas are generally found in porous rocks known to contain saltwater. During production, saltwater will accompany oil to the surface. The result is a need to reclaim and/or dispose of the saltwater derived from the drilling process. In the case of natural gas, the "fracing" process adds chemicals to the water which also must be properly cleaned and stored. The water gleaned from the drilling process contains residual oil, gas elements and other contaminants that must be disposed or reclaimed.
What is a disposal well?
Why are disposal wells needed?
The Market: Oil & Gas
Analysts at Raymond James are predicting that the USA could be energy independent by 2020.
Opportunities in the production of oil and gas continue to emerge in various states in our country as the demand for energy expands. The need to balance America’s needs and environmentally conscious production makes water reclamation a critical component in the process.
Consumed vs. Produced
3rd Largest Producer
Largest Oil Deposit Ever Found in US
Discovered in Texas
"The U.S. Geological Survey recently discovered the largest continuous oil and gas deposit ever found in the United States, officials said Tuesday.
The agency announced that the Wolfcamp shale, located in the Midland Basin portion of Texas’ Permian Basin, contains 20 billion barrels of oil and 1.6 billion barrels of natural gas liquid.
The oil is worth around $900 billion at current prices, Bloomberg News reported."
-USA Today, November 17, 2016