New Oil Wells
In addition to the staggering number of existing oil wells in the US, an additional 22,000 wells are projected to be drilled each year.
A typical well producing 80 blue barrels of crude oil would also typically produce 240 barrels of contaminated water/day. Diesel fuel for the generator, as well as water to support the well, must be hauled on-site and contaminated water must be hauled off. An additional 150 kWs of power is required for well pumps, transfer pumps, lighting, maintenance vehicles, and diesel generators, further adding to the cost. The average cost is about $500,000 per year for haul-off, fuel, and maintenance. Sweet or sour gas may be flared, causing acid rain and EPA problems.
Installed SREUS units eliminate the need for hauling fuel and water or flaring gases. A typical on-grid site saves $500,000 in cost per year, with a 1.5 to 2-year payback.
Of this new well market, nearly all could benefit from SRUES systems, allowing both the reduction of operating costs and also the sale of clean water for agriculture or municipal use. New wells on the power grid have excellent potential economics.
Numbers Speak For Themselves
One man’s trash is another man’s treasure. Well, in this instance, perhaps your trash could be your treasure… When it comes to producing power and clean water using the SREUS system, there are many fuels that can power it: