Seller Financing Available
This ultra high capacity saltwater disposal well in Western North Dakota is permitted to dispose 20,000 barrels of saltwater per day.
Several industry veterans united in 2011 with the idea to create a high capacity horizontal saltwater disposal well (SWD). The concept was to create a more efficient disposal well built with the most technologically advanced above and below ground components, a capacity dwarfing all other wells, while providing an indefinite lifespan.
Completed in 2012, this cutting edge saltwater disposal facility sits on 18 acres of land in the heart of the Bakken oil play.
Over the past 12 months, the Company has conducted its proof of concept and finalized development. During this phase, the Company has not actively solicited large contracts with customers. The Company has, however, served several customers since the facility became operational.
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
Highest permitted injection capacity in the state of North Dakota. Facility is capable of injecting 20,000 barrels of saltwater per day at only 280psi. Proprietary horizontal design. Features an injection zone of more than 600 feet, compared to standard disposal wells that have between 80 and 100 feet of injection zone. Multiple buildings. Built with latest technology and most durable components.
COMPETITIVE ADVANTAGES 1. Daily Production. Facility has the ability to dispose of 6X more water than other SWD s. 2. On-site Storage. During busy times, Facility has the ability to store up to 12,000 barrels of saltwater on site to reduce waiting times for unloading trucks. There is also plenty of room at the facility to nearly double on-site storage without adding to the existing containment system. 3. Low Wait Times for Unloading. The facility features 6 independent unloading pods allowing 6 trucks to unload at any given time. This means truck
- Growth & Expansion:
GROWTH OPPORTUNITIES Focus on sales and business development with existing client base and new oil companies to increase production to capacity levels. Scale existing products to national audience Continue to create new, cutting-edge products/services Focus on domestic and international business development Expand on-site amenities to attract new customers and increase customer loyalty Create a plan to tap into a proposed pipeline, which is planned to pass within a short distance of the facility, to allow direct access to thousands o
Creative deal structures available for quailified industry buyers.
- Support & Training:
This well was engineered, designed, built, and tested by a team of experts in drilling and engineering. Now that the concept has been proven, operations need to be run by an experienced industry team for the facility to reach its full potential.
- Reason for Selling:
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