SAN ANTONIO--(BUSINESS WIRE)--Apex Management Group, LLC (AMG), an oil field services management company, announced today its game-changing solution that dramatically reduces the cost and environmental impact of hydraulic fracturing. Working with ALCOR Energy Solutions, LLC (Alcor/AES), AMG has the exclusive technology to "treat" and recycle frac water flow back in an environmentally friendly way, thus eliminating the need to dispose of or dump contaminated water.
AMG’s solution starts with turbines that run off stranded gas, which would otherwise be burned and its byproducts allowed to escape into the atmosphere. But AMG doesn’t stop there. One of the biggest complaints about hydraulic fracturing is what to do with the contaminated, left over water, which is either hauled away (at great expense) and dumped into the ground or processed, treated and filtered, which is very costly. Turbines put out a lot of heat – around 940 degrees Fahrenheit to be more precise – and AMG’s system captures this heat and uses it to distill the frac-water, which can then be used again in the fracking process or safely returned to the earth.
Frac water has been associated with a variety of environmental issues including soil and drinking water contamination and earthquakes, and AMG’s solution eliminates these concerns.
Another problem for drilling companies, due to air quality concerns the EPA is also increasing its restriction on “flare gas” permitting. States such as Texas, Utah, Wyoming, Idaho, Montana, North Dakota and California have already passed legislation restricting gas flares and flare permits. These restrictions keep Oil & Gas companies from fully developing their lease sites that have insufficient gas transportation infrastructure.
“The United States is sitting on massive oil and gas reserves that could be safely extracted and used to help break our foreign energy dependence and create millions of well-paying jobs,” said David Akin, president of AMG. “Our solutions make hydraulic fracturing less costly and greener – something that should please people on all sides of the issue.” AMG currently has generators operating in northwest Oklahoma. For more information go to: www.amgoil.net