OIL & GAS INDUSTRY APPLICATIONS
EFD Mobile Units could be established at drilling sites and EFD technology could play an important role in treating the waste water so it does it not contaminate ground water. With proper treatment, oil and gas waste water could be reused and repurposed for other uses.
The competition for EFD’s Mobile Units is existing brine disposal and toxic clean-up systems. The example below is based on information from the oil & gas industry, which produced 3.44 billion barrels of oil resulting in 17.2 billion barrels of wastewater in 2015. EFD estimates the total addressable market for building mobile units for the oil & gas industry alone at $44 billion.
|Disposal Method||# barrels wastewater / day industry-wide||# barrels processed per EFD unit/day||Disposal cost/barrel||Estimated cost per unit/day||Estimated cost per unit/year||Industry-wide estimated cost per day||Industry-wide estimated cost per year|
(2.36 billion gallons)
Cal.@ 3 Billion gal yr.
|$6||$24,000||$8.76 million||$240 million||$87.6 billion|
|EFD||$0.50*||$2,000*||$730,000*||$20 million||$8 billion|
|*includes cost of capitalization||Total Savings||$22,000||$8.3 million||$220 million||$79.6 billion|