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 CLASS II SALTWATER DISPOSAL (SWD) FACILITY BUSINESS OPPORTUNITIES

 

A Leader In Salt Water Disposal Systems

 

Hew-Tex Oil & Gas’s Managing Member, Peter Hewett, has been in the upstream side of the energy industry for more than four decades of crude oil producing operations involving the generating of oil and gas drilling prospects (exploration and production of hundreds of oil and gas wells) both domestic onshore and offshore USA. Thus, Hew-Tex Oil & Gas (“HTOG”) has extensive knowledge and experience in producing crude oil and dealing with the associated formation saltwater produced by nearly every crude oil well.

It was a natural shift into the saltwater disposal business by Mr. Hewett and the Hew-Tex Oil & Gas management team early in 2017 after the discovery (late 2016) in the Permian Basin of more than 20 billion barrels of proven oil reserves and 16 trillion cubic feet of natural gas reserves that were found through the use of new horizontal drilling extraction techniques and 3-D seismic technology.  The niche that Mr. Hewett decided to specialize in was the result of a hands-on awareness that the operators and producers drilling the hundreds of oil wells, needed to find a way to dispose of the significant volume of saltwater that is produced along with the crude oil in the Permian Basin.  The Permian Basin is comprised of the Delaware Basin on the west, the Central Basin Platform in the middle, and the Midland Basin to the east. Today, there are currently as many active drilling rigs in the Permian Basin as there are combined throughout the balance of the entire USA, both onshore and offshore.  Several thousand wells are planned to be drilled by companies like ExxonMobil, Occidental Petroleum, Chevron, Apache Corp., Shell Oil Western, Anadarko E&P, EOG Resources, Cimarex Energy, Energen Resources, Endeavor Energy, Matador Production and many other independents.

Today, the average Permian Basin oil well initially produces 650 barrels of oil per day will also produce and estimated 2,000 barrels of formation saltwater per day.  This ratio of 3 barrels of saltwater per 1 barrel of crude oil creates a huge problem for operators and producers.  There is a substantial need for approved saltwater disposal well facilities to inject this saltwater as well as to clean and wash the tanker and vacuum trucks and frac tanks that is required under the EPA (Environmental Protection Agency) by statutory law of the Texas Water Code and enforced by the Texas Railroad Commission.  If an operator has no place to dispose of the saltwater, it has no choice but to shut-in the well.

Hew-Tex Oil & Gas, believes the commercial saltwater disposal business in the West Texas Permian Basin area will continue to be a very lucrative business opportunity for years to come. The economics are simple…spend the least amount of capital to build a state-of-the-art disposal facility that has the potential to generate significant cash flow 24/7.  This website will discuss in subsequent sections all of the relevant areas pertaining to saltwater disposal business opportunities.

Business Profile

Area of Operations

View the description and maps of the Permian Basin. See actual photos of a current Class II Saltwater Disposal Facility under construction and in operation.

Area of Operation >>

 

 

Business Opportunity

Business Opportunities

Prospective Hew-Tex Oil & Gas Business Investment Opportunity and Financial and Economic Assessment.

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Industry Education

Industry Education

Click on various icons discussing both technical SWD aspects, SWD photos and video gallery, SWD facts and data, SWD instructional videos and SWD industry news.n.

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Analyst: Almost 1,000 more salt water disposal wells needed by 2030

Raymond James & Associates analyst Marshall Adkins told clients Monday that Permian Basin will need almost 1,000 additional salt water disposal wells by 2030. Recycling efforts currently can’t handle the 17.5 million barrels per day of “dirty” water produced in the Permian Basin, Adkins said. “As crude production grows, produced ‘dirty’ water grows even faster. As the Permian Basin shifts further into manufacturing mode, the water growth we project will create the need for nearly 1,000 additional salt water disposal wells by 2030.”

The Race To Save $100 Billion – A Digital Revolution In Oil

OilPrice.com:

In a new in-depth study, Rystad Energy estimates that as much as $100 billion can be eliminated from E&P upstream budgets through automation and digitalization initiatives in the 2020s. Service companies are reinventing themselves to help operators unlock these savings.

In 2018, $1 trillion was spent on operational expenditures, wells, facilities and subsea capital expenditures across more than 3,000 companies in the upstream space. There are varying degrees of potential savings within offshore, shale and conventional onshore activity budgets, but in total, around 10% of this spend can be erased through more efficient and productive operations thanks to automation and digitalization.

“Many key industry players are setting optimistic goals, but the realization of these initiatives largely depends on how freely data is shared amongst companies and how commercial strategies are deployed to drive this development. Because of this, it could be years before we see full adoption. However, based on our analysis of 2018 capital spend and operational budgets, we believe savings could easily reach $100 billion,” says Audun Martinsen, head of oilfield services research. Read more…

Drilling Down: Denver saltwater disposal well operator makes Permian Basin push

Houston Chronicle:

Denver oilfield water company Felix Water is seeking permission to drill 13 injection wells on its Pbar SWD lease in Loving County. Photo: Courtesy Photo / Felix Water LLC

Water remains a big issue in the arid Permian Basin of West Texas where for every barrel of oil produced, another four to 10 barrels of saltwater — the remnants of an ancient inland sea — come out of the ground.

Over the past week, six companies filed 20 drilling permits to develop saltwater disposal, or injection, wells in the West Texas shale play.

Denver oilfield water company Felix Water led the pack by seeking permission to drill 13 injection wells on its Pbar SWD lease in Loving County. Occidental Petroleum-owned APC Water Holdings is seeking to develop another three saltwater disposal wells in Reeves County. Read more…

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