"Green Fracturing" Produces More Natural Gas Than Chemical Biocide Water Treatment Methods
Optimal Data Analysis LLC completed a 3-year study of 155 natural gas wells in the Fayetteville Shale of Arkansas compared the amount of gas produced by 96 wells treated using Ecosphere Technologies Inc. patented Ozonix® water treatment process, versus 59 wells treated using traditional Chemical Biocide. Findings revealed that the use of Ozonix® on average returns $249,669 US dollars in additional revenue annually per well.
Findings established that the use of Ozonix® in water treatment for the hydraulic fracturing of natural gas wells resulted in broadly greater productivity than liquid Chemical Biocide treatment, as indicated by a greater relative frequency of high productivity wells; significantly greater overall gas production achieved in the first two months of post-fracturing operations; and consistently greater gas production and monetary returns (added revenue) across all 12 months of post-fracturing operations.
As compared with Chemical Biocide water treatment methods and based on the current market price of gas, Ozonix® returns $24.9 million dollars in additional revenue per year for 100 gas wells, $124.8 million dollars in additional revenue per year for 500 gas wells, and $249.7 million dollars in additional revenue per year for 1,000 gas wells.
A copy of the full report is available here:
Paul R Yarnold, PhD