Many environmentalists worry about where the large amounts of water needed to drill and frac a well will come from. Exco Resources, Inc., an energy company currently drilling in Louisiana, has recently partnered with International Paper to help solve this problem.
International Paper, who has been treating and dumping (legally) an estimated 12 million gallons of treated process water per day into the nearby Red River, will now supply Exco with all the water it needs for the drilling and fracing process. Apparently, a trial run has been completed by Exco and the water proved suitable for it’s new use. An estimated 4.2 billion gallons will be available for Exco, enough to drill and complete 700 wells.
We think there are opportunities of this sort in our own area and ... did you ever notice the Susquehanna River during those spring rains?
Friday, April 2, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment