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Friday, January 10, 2020 7:52:14 PM
There are an estimated 11,000 private and commercial injection and disposal wells in Oklahoma. Each year those wells are injected with billions of gallons of oil and gas wastewater, according to the Oklahoma Corporation Commission -- 8.8 billion gallons of wastewater in the last two years.
For the oil and gas industry, better treatment of wastewater should increase its reuse and reduce the demand for fresh water for the hydraulic fracking process. ... It can operate on-site and can handle 400 gpm of wastewater. The treated water at least has the potential to be reused for the hydraulic fracking process.
I am thinking PCT and this new partner will be in high demand once the testing is independently verified. Even a 10% market share of just the Oklahoma wells would be around 33 million in initial sales if the units are on par with the other large volume units + whatever maintenance and monitoring charge.
Hospitals, cannabis, food processing, agriculture, the list goes on!
PCTL!!
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