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Re: Pnypnchr post# 150126

Sunday, 01/24/2021 2:41:50 PM

Sunday, January 24, 2021 2:41:50 PM

Post# of 200688
I normally leave the facts to HL...

Fact: There are about 9,000 independent oil and natural gas producers in the United States. (iapp)
Fact: There are more than 900,000 active oil and gas wells in the United States (drillinginfo)
Fact: Water use per well can be anywhere from about 1.5 million gallons to about 16 million gallons (usgs)
Fact: PCT Hydrolyte is already EPA registered to treat Sour Wells, Storage Wells and Injection Wells (epa)
Fact: PCT Catholyte is being tested for use in enhanced recovery at this moment in time (link)

Opinion: enhanced recovery will gain traction with new restrictions and regulations in play
Opinion: producers will have to find "green" alternatives to increase production from existing wells
Opinion: The new "Green Agenda" is good for PCTL's fluids

Oil Industry Reels as Biden Targets Fossil Fuels in First Days

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