EcoloClean Industries (ECCI)

[Waverider110]

ECCI's competition on Barnett Shale:

AquaPure charges eight cents per gallon to "distill" frac water for Devon Energy per the linked newspaper article at the bottom of this post. ($3.35 per 42 gallon barrel). And AquaPure's NOMAD distilling unit only produces 84,000 gal. of recycled water per day. (2,000 barrels) http://www.aqua-pure.com/wastewater/case_nomad2000.html

One ECCI "improved mobile unit" can produce 720,000 gal. of clean recycled frac water per day at a cost of .02 to .04 cents per gallon! http://biz.yahoo.com/pz/080515/142803.html

If you were Devon Energy, who would you contract with to save money and to fill your recycled water needs: 1.5 million gallons of water for fracturing a vertical well and 3.5 million gallons of water to frac a horizontal?

Here is the current story on the Barnett Shale, Devon Energy and the competion- AquaPure:

http://www.fwbusinesspress.com/display.php?id=7232

"...What it all costs

Fountain Quail and 212 Resources declined to disclose the machines’ daily operating costs, but according to Devon’s Jay Ewing, completion/construction supervisor, the Fountain Quail system costs about $3.35 per barrel, about 68 percent more than the $2 cost if post-fracing water is simply disposed of.

Waits said he could not provide a cost per barrel, and declined to name the Wyoming operator set to use the POD machine.

However the costs end up, persuading the industry to take a chance on these firms’ products is going to be a balancing act between environmental stewardship and bottom-line economics, said Robert Grable, a partner at Fort Worth-based Kelly Hart & Hallman..."




Waves of Crude Oil & Natural Gas: