Freestone Resources Inc. (fka FSNR)

[falconer66a]

New Water Rules for Texas Oil Wells

Of course, the real issue in the exploitation of any of the existing or new tight oil plays in Texas is the a) the availability of frackwater, and b) its disposal or reuse after reprocessing for recycling.

The Texas Railroad Commission, the state agency charged with oil production regulation, continues to examine, define, and usefully regulate oil production water use in the state. Up here in Ohio, in my state, the availability of frackwater is not an issue, with almost 40 inches of precipitation across the state each year. We’ve got ample amounts of water, but Ohio (in the Utica and Marcellus plays) faces the same frackwater disposal or recycling problems Texas does.

Dry Texas has the problem both ways, getting enough new frackwater in that otherwise very arid state (except for the few easternmost counties); and also in disposing and recycling of the produced or extracted frackwater.

The following new article touches upon new regulations on the matter in Texas, showing that regulatory prompts and requirements for recycling are and will become more stringent.

Again, Freestone and it’s JV, Aqueous Solutions, are in the right place, at the right time, and soon, with the right (recycling) technologies, resources, location, and services — all of which are or will become essential for oil and gas extraction in the new Texas tight oil plays mentioned prevously.

The Dallas article is here:
http://www.bizjournals.com/dallas/news/2013/03/27/company-that-recycles-fracking-water.html

–Falconer66a