OriginOil To License Clean-Frack Process For Oil And Gas Market

13.09.2012

OriginOil To License Clean-Frack Process For Oil And Gas Market

OriginOil, Inc., the developer of a breakthrough energy production process for the oil and algae industries, has announced it intends to license its proprietary Clean-Frack process under private label to firms offering oil and gas water treatment solutions, in a first deployment of the “Powered by OriginOil” brand. Design integration has begun with a first prospective licensee.
 
“Because it can get 98 per cent of the contaminants out of frac water, our process positions as the first stage for cleanup systems,” said Riggs Eckelberry, OriginOil chief executive officer. “Cleanup firms can integrate Clean-Frack seamlessly into their systems and under their own brand. We see this as the way to distribute our breakthrough process in the shortest possible time.”
 
Eckelberry added, “A first prospective licensee has already done substantial design integration and is enjoying very positive customer feedback. We expect to announce our first tie-up in the very near future.”
 
OriginOil’s Clean-Frack process is based on the company’s Solids Out of Solution technology that efficiently removes oils, suspended solids, insoluble organics and bacteria from produced or frac flowback water, on a continuous flow basis and without the use of chemicals.
 
Recent third party testing has shown that the company’s patent-pending process, originally developed for algae harvesting, can separate 98 per cent of hydrocarbons from a sample of oil well frac flowback water. The Clean-Frack process is designed to be the first stage in multi-step processes for cleaning and treating contaminated water from oil and gas wells.
 
Water is produced and used in large quantities in oil and gas operations. According to the U.S. Department of Energy, an average of three barrels of contaminated water is generated for each one barrel of oil produced. In the United States, the average is seven barrels of water. Greentech Media reports that energy companies pay between $3 – $12 to dispose of each barrel of produced water, implying a potential world market value between $300 billion and $1 trillion per year.
 
OriginOil has developed an energy production process for harvesting algae and cleaning up oil and gas water. Operating at the first stage of extraction, this high-speed and chemical-free process can be embedded in other systems to improve performance. Originally invented to solve the biggest problem in algae production, it is now finding demand in oil and gas fracking and production water cleanup, an immediate and fast-growing market that desperately needs clean technology solutions.
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