West Texas Shale Companies Could End Up Paying Up to $207-$763mn to Transport Water from Seismic Zones
In response to a 88x increase since 2018 in >3 Richter scale earthquakes in the Permian, Texas regulators are imposing restrictions that can shut-down or sharply curtail the volumes of certain saltwater injection wells (“SWDs”). As a result, transportation costs to ever more distant and less seismicity-dangerous SWDs could lead West Texas Shale E+P costs to increase by $207mn (currently contemplated curtailments/shutdowns) and as much as $763mn (assuming curtailments and shut-downs of all of the SWDs in the earthquake-prone areas). As an enhanced evaporation company, EcoVAP carries no seismicity risk, and is generally able to evaporate with 1/40th the land footprint and lower costs than conventional evaporation. Moreover, because EcoVAP’s Evaporation Matrices are fully scalable to any wastewater disposal need, they can be located at the well-head or tank battery, thus implying no trucking. EcoVAP already operates one such facility in the Eagle Ford (See Case Study: https://www.ecovap.com/case-studies/oil-gas-operation)
EcoVAP’s Dramatic Impact on Reducing C02 Footprint
The attached report “The Carbon Footprint of Water” estimates the water sector consumes a whopping 13% of all electricity in the US and is responsible for 5% of all US carbon emissions. Moreover, these figures are expected to rise dramatically given that new water supplies must come from even more energy-demanding sources; i.e., pumping through longer aqueducts and from deeper aquifers, and from desalination and other treatments for reuse. By contrast, EcoVAP’s biomimcry-based technology uses practically no electricity, thus implying negligible CO2 footprint, and our “Matrices” can also be located at the point where the wastewater is generated, thus avoiding the CO2 from trucking.
Study: Toxic Fracking Waste is Leaking into California Groundwater
California is facing “massive” groundwater contamination due to the practice of dumping wastewater into "percolation pits," being the last state in the US that allows dumping into these unlined ponds. The amount of water being disposed of this way is increasing rapidly: in 2019, there was nearly 3 billion barrels of produced water generated by the oil/gas sector, or roughly 18 barrels per barrel of oil produced, having more than doubled from the 8bbls per barrel of oil registered 20 years ago. There are 1,850 produced water ponds in California’s Tulare Basin alone, and to date regulators and corporates have generally concluded that the cost of the clean-up of legacy contamination is excessive - even while the dumping of 16bbls/year into the percolation ponds continues. These percolation ponds and “spray-fields” allow toxins to either seep into underground aquifers or flow into rivers and aqueducts when it rains. In one case, the carcinogen benzene was found at 45x the safety limit for drinking water.
Permian: Increasing Earthquake Clusters Lead to Renewed Regulatory Interest
Predictably, the recent recovery Permian basin E+P activity has also led to increasing SWD volumes and earthquake “clusters". This has lead to more stringent regulations on the Texas side of the basin that are expected to affect 76 facilities. On the western side, New Mexico regulators are also considering a variety of measure to reduce earthquake risk.
Sumitomo Corporation of Americas Signs Sales Agreement to Market EcoVAP's Groundbreaking Wastewater Solutions
Sumitomo Corporation of Americas ("SCOA") has signed a non-exclusive sales agreement with EcoVAP, Inc. ("EcoVap"), a leader in advanced water reduction solutions for agricultural, municipal, and industrial users. EcoVAP's patented and patent-pending water technologies provide both environmentally friendly and cost-effective alternatives to conventional water elimination and recovery practices; Sumitomo Corporation of Americas will introduce the company's industrial water elimination technology to its diverse global network.
Textile Industry: Responsible for Up to 20% of All Industrial Wastewater
Textile dying is one of the most polluting industries, consuming 21 trillion gallons of water annually to be mixed with textile colorants, and then disposing of nearly an equivalent amount (enough to fill 37 million olympic sized swimming pools, or about 20% of all industrial wastewater). The contaminants are often disposed of in sewage plants that aren’t geared to handle these micro-toxins (especially in the US), or in Southeast Asia directly into lakes, rivers and ultimately the ocean. The World Bank has identified 72 toxins in the textile wastewater streams. As with all industrial wastewater, ECOVAP believes its natural enhanced evaporation process can reduce the volume of textile-dye wastewater by >95%, allowing for more efficient capture/reuse of the dyes and/or final dry or near-dry disposal.
IPCC Issues a Climate "Code Red for Humanity"
The August 2021 UN Intergovernmental Panel on Climate Change (IPCC) report provides unequivocal science supporting the effects of carbon emissions on global warming calling for immediate, swift and sustained reduction s in greenhouse gas emissions to achieve net zero CO2 emissions.
A “Dirty Dozen” of Mining Environmental Risk is Called Out, Mostly Citing Tailings Pond Issues
Despite improvement following the 2014 Mount Polley tailings pond disaster, significant wastewater management risks remain in mining-rich British Colombia. This article calls for further reforms and stronger enforcement, listing a “dirty dozen” with various environmental challenges, often including the inherent risks and wastewater management problems associated with tailings ponds. With its ability to naturally evaporate water at >59x the normal rate, ECOVAP can mostly eliminate the need for large tailings ponds.
Audit of British Columbia’s Tailings Pond Regulations Casts Shadow on Government’s 'World Class’ Mining Claims
In 2014, a collapse of the Mount Polley copper/gold mine tailings pond unleashed 24 million cubic meters of wastewater into British Columbia waterways, becoming one of the worst mining environmental disasters in history. Subsequently, a myriad of new regulations were imposed, but a 2021 audit by the Ministry of Energy, Mines and Low Carbon Innovation cites numerous ongoing shortcomings in data, ambiguous regulations, enforcement challenges and outright violations.