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  • GreenHunter Energy, Inc. (GRH) Up To 35k Barrels Per Day Total Capacity As New Salt Water Disposal Facility In Texas Eagle Ford Goes Live 0 comments
    Oct 9, 2012 1:41 PM | about stocks: GRH

    GreenHunter Energy, the established provider of Total Water Management Solutions™ to hydrocarbon developers in the burgeoning domestic shale plays, reported today that the company's wholly-owned subsidiary, GreenHunter Water, LLC, kicked off the start of commercial operations at their Karnes County, Texas, salt water disposal (SWD) facility in the heart of Eagle Ford territory.

    Word that the company has started handling water at the Class II SWD facility will no doubt spread quickly among regional operators engaged in the play, and the level of engineering the company has put into the Eagle Ford program is clearly evident in this latest execution of their completion technique. Expansion of salt water disposal capacity is important to the lifespan of the Eagle Ford, and GRH has come to the table with a very adaptive approach, growing on the company's rich proficiencies in a wide variety of technological solutions to the complex fluid management tasks that face exploration and production companies today.

    This announcement regarding the newly drilled 7,800-foot deep (completed in the Middle Wilcox formation) SWD, brings GRH's total disposal capacity up to 35k bbls/day. Now with seven wells in five states across the U.S., GreenHunter has the kind of muscle needed to take their full-spectrum water solutions strategy to the next level. With a host of other offerings like their Frac-Cycle™ technology (which let's operators take in flowback or produced water, recycling it into to either clean brine or fresh water), the versatile MAG Tank™ line of modular above-ground storage tanks, and their RAMCAT™ real-time online well head management system, GRH has created a truly enviable position in water management support for the E&P sector.

    The new well actually went online weeks ago and the company has just been scaling up throughput to the commercial debut announcement, giving the facility a final once-over, including the new storage tanks, 2,400 bbls of on-site storage, the four-bay tractor trailer platform, and the 150 HP pumping system.

    President and COO of GRH, Jonathan D. Hoopes, commented on this latest addition to the company's growing portfolio of salt water disposal infrastructure, saying that the rising demand for Class II injection capacity was in direct correlation to GRH's growth strategy, noting that continued successes by drilling in the Eagle Ford's primary targets was producing huge demand for disposal capacity. The future looks very bright for the company's Texas operations as activity in the Eagle Ford continues to mount and shareholders will be pleased to note that the company has once again gone to great lengths to meet the most exacting engineering specifications for the Class II SWD standard.

    GreenHunter Energy, please visit GreenHunterEnergy.com

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    Stocks: GRH
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