InvestorsHub Logo

DragonBear

01/19/16 12:58 PM

#98833 RE: STOCK_GAINER6 #98832

BAYP might put some steps in water drilling and exploring projects. Clean water is a demanding issue for the world.

Yep. Screw all this oil drilling stuff. Drill for water instead! Sell the water to the Saudis for $30/barrel. They seem to be having problems with their water aquifer level recently. Send our hero Clay over there to bribe the Princes with JFK mineral water - don't ask how it's made.

johnnycomelately9

01/31/16 2:37 AM

#98861 RE: STOCK_GAINER6 #98832

Our terminal intends to be involved in this market, by purifying the water that comes back from the wells to the standards of the regulators and industry. This water is then reused at the next well pad that is drilled. The costs are less than what is now being done at the well sites.
Currently major drillers spend over $500,000. per well to clean the flow back frac water for reuse later into another well. Our system substantially reduces the cost while assisting in compliance. Our profit margins are expected to grow rapidly , year after year. The industry pays nore than $12 per barrel to dispose of produced water, creating a $5 billion potential market that will reach $10 billion by 2025 according to Global Water intelligence.