GRAPEVINE, TEXAS, Oct. 9, 2012 -- GreenHunter Energy Inc., a diversified water resource, waste management and environmental services company specializing in the unconventional oil and natural gas shale resource plays, announced today that its wholly owned subsidiary, GreenHunter Water, LLC, has recently begun handling water disposal services at its newly completed salt water disposal (SWD) facility located near Helena, Karnes County, Texas.
This commercial SWD facility is comprised of newly constructed storage tanks and a fully contained offloading platform that features four unloading tractor trailer bays, a 150 HP pumping system and 2,400 barrels of onsite storage. The newly drilled SWD well was completed to the Middle Wilcox formation at a total depth of approximately 7,800 feet.
Commenting on this new addition to the company's disposal well portfolio, President and Chief Operating Officer Jonathan D. Hoopes stated, "This new well went online several weeks ago and we are scaling up capacity utilization according to plan. We expect demand for Class II injection capacity in this part of the Eagle Ford shale play to remain robust due to the increased drilling in the region directly related to the successful drilling efforts by operators in the 'oil window' of the Eagle Ford. With this new well now online and the facility operational, GreenHunter Water's total owned disposal capacity has reached 35,000 barrels per day from a total of seven SWD wells located in five states."
For a visual animation of the Class II Salt Water Disposal well development and completion technique that is being utilized in GreenHunter Water's Eagle Ford program, navigate to the video by clicking on "Salt Water Disposal Animation" button on the Operations tab at GreenHunterEnergy.com or click here.
GreenHunter Water, LLC provides total water management solutions in the oilfield. An understanding that there is no single solution to E&P fluids management shapes GreenHunter's technology-agnostic approach to services. In addition to licensing of and joint ventures with manufacturers of mobile water treatment systems, GreenHunter Water is expanding capacity of salt water disposal facilities; next-generation modular, above-ground storage tanks; and advanced hauling and fresh water logistics services -- including 21st Century tracking technologies that allow Shale producers to optimize the efficiency of their water resource management and planning while complying with emerging regulations and reducing cost.
Additional information about GreenHunter Water may be found at www.GreenHunterWater.com
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