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July 17, 2008
Revolutionary New Water-Saving Technique Gives Oil and Gas a New ‘Green Look’ in Rockies
Altela, Inc. Turns Energy Industry Wastewater into New Water Source in theArid West
RIFLE, Colo., July 17 /PRNewswire/ -- Two companies working together
have perfected a method of turning wastewater from oil and gas wells into
distilled water that can be used for agriculture, or to vastly reduce the
environmental footprint the oil and gas industry has on the land.
Across the western United States alone, more than five billion gallons
per day of brackish wastewater, known as produced water, is brought to the
surface during oil and gas production. This wastewater has historically
been re-injected deep back into the ground where it came from, never to be
used again, and it must be hauled away at great cost over long trucking
distances. With this new revolutionary water-saving technique, the brackish
water can be purified on the site and used beneficially. Turning this
wastewater into usable water benefits farmers, ranchers, and communities
across the water-starved western United States and helps address the
country's water and energy security. >> Read more
June 30, 2008
New Mexico Business Magazine - Altela as one of the TOP 5 NEW MEXICO VENTURE CAPITAL DEALS
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