Updates
Overnight, Dave wrote: G3 has a new salt water disposal well staked on Township 157 North,Range 102 West ; Section 29 - there is also an independent (not a drilling company) inquiring @ land in that area also .
Have a good day, Dave
Original Post
I have not followed the salt water disposal industry in the Bakken. It's my impression that this is pretty much a mom-and-pop operation/small companies that are not publicly traded.I assume most SWD wells are old oil wells that are converted to SWD wells and once converted, are sold to these small companies or mom-and-pop operations.
A reader is curious if I am missing something. Are there any publicly traded companies involved in salt water disposal in the Bakken?
By the way, on a side note, my hunch is that waste disposal is going to be a huge industry going forward. There is a huge waste disposal dump being developed south of Williston (the site is in McKenzie County). Topsoil has been moved; tanks moved in, etc, but I do not know who is building it.
Anyway, I digress.
Let me know if there are publicly traded companies involved in salt water disposal. A reader (not me) is curious.
GE, Stamford, Conn., (NYSE: GE) has been selected to build key components for ProWater's Centerline SWD™ modular saltwater disposal (SWD) and deep injection well (DIW) systems, which separate oil, water and other byproducts produced in oil and gas operations. ProWater, a wholly owned subsidiary of Sustainable Environmental Technology Corp. (SET Corp) (OTCQB: SETS), based in Southern California, develops technology for disposing saltwater produced from oil and gas wells.
ReplyDeletehttp://www.ugcenter.com/Bakken/GE-ProWater-Join-Forces-Bakken-Saltwater-Disposal-System_90818
Thank you for sending this in.
ReplyDeleteI've posted this as a stand-alone post, and have a SWD label/tag at the bottom of the blog.
For me, this is a huge story, for many reasons, which I noted at the stand-alone post. Thank you.
Advantage Disposal Solutions, Inc is a new company that will focus specifically on Salt Water Disposal in ND and other states. We are in the process of filing our S-1 right now and should be a public company by April- May of 2012. www.advanceddisposalsolutions.com
ReplyDeleteSomething is amiss here.
ReplyDeleteThe URL, "www.advanceddisposalsolutions.com" does not match the name of the "new" company, "Advantage Disposal Solutions." One is "advanced" and on is "advantage.
The URL is not valid; googling "advantage disposal solutions" takes one to a waste and disposal service called "Advanced Disposal."