Fort Worth, TX, Jan. 14, 2014 (GLOBE NEWSWIRE) -- Bosque Systems announces that it is the largest independent water management dedicated contractor to oil and gas operators in the U.S.. It has treated and managed close to 200 million barrels of produced and flowback water for oil and gas operators in 2013. The company is engaged in sourcing, gathering, storing, treating and delivery of frac ready water to numerous operators.
"A few years ago, Bosque's business was based solely within the saltwater disposal arena where we own and operate facilities in Texas, Oklahoma, and North Dakota," said Clane LaCrosse, president and CEO of Bosque Systems. "Today our treatment, recycling and reuse programs account for more than half of our revenues and we forecast that this trend will increase in the future."
Bosque Systems works as a partner with oil and gas operators and handles millions of barrels at all phases of the fluid management life cycle. The solutions offered may include sourcing, gathering systems, pipelines, water storage solutions, and various water treatments depending on the water quality, drilling pattern and goals of the operators. "Bosque Systems has developed a very strong business, solution, and service model centered around environmentally friendly fluid management solutions," Clane LaCrosse said. "By partnering with operators, we allow them to concentrate on production and maximize their resources rather than focusing on water management," Clane LaCrosse continued.
Bosque Systems' relationship with major operators has grown from disposal to full water life cycle management. "The introduction of our DIONIXTM water treatment system was a turning point for Bosque Systems," said Peter Pappas, vice president of business development for Bosque Systems. "From that point, we generated a lot of interest from operators to recycle flowback or produced water. Our technology is easy to deploy, cost effective and kills 100% of all bacteria in the water," Peter continued. From this initial success, the company introduced other technologies to provide a single point of contact to operators in need of treatment and recycling.
The growth of Bosque Systems has been made possible due to extensive hiring of both management and operation personnel. The company continues hiring specialist operators and technicians in markets including the Eagle Ford Shale, the Cline Shale, Permian Basin, Mid-Con region and the Bakken. Rapidly approaching 500 employees, the company is well positioned to solidify its relationships and develop new ones within the active markets and others.
In the Wolfcamp play, considered as possibly the largest oil and gas discovery in the world and, also, a very drought prone area, the company is leading the charge to allow operators to reuse 100% of their flowback and produced water, thus minimizing fresh water withdrawal and drastically reducing truck traffic in the region by using pipeline across fields. The company leases land and sets up BATTM tanks, containing up to 40,000 bbls of recycled water, and other equipment to capture, treat, and make this water available for the operator. In this region, Bosque Systems allows for blending up to 30% recycled and treated water within producers' operations. One customer in the region commented: "We're using 100 percent of the produced water we have. If we were producing more water, we'd use it." The produced water is mixed with fresh water at the well site. To date, the same operator has used about 2,000,000 barrels (about 32 million gallons) of recycled water, which, without this initiative, would have been all freshwater. Blended water has helped complete over 35 wells in the Eldorado portion of the Wolfcamp since April.
Operators are excited about the game changing solutions that Bosque Systems provide in the various regions. As more scrutiny from environmental organizations and more regulations are put in place, Bosque Systems believes that the company is well positioned to support recycling initiatives on a large scale in all major plays in North America in 2014 and many more years to come.
About Bosque Systems, LLC
Bosque Systems, LLC is a diversified oil and gas fluids management service company promoting environmentally responsible practices throughout the recovery, transportation, storage, treatment, recycling, and handling process of pre-frac, flowback and produced water and other fluids. Bosque Systems is well positioned to be the premier oil and natural gas fluids management service company in the United States.
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Source:Bosque Systems, LLC