Midland, TX-based STW Resources Holding Corp., a water reclamation services company, has executed a joint venture agreement with CK Investments Energy Co. (CKI) to commission a proprietary brackish/produced water processing facility in the Permian and Delaware Basins of West Texas.

CKI is an energy investment company with major holdings including B&K Trucking (BKT). BKT is a water transportation and frac tank rental company with operations throughout the Permian and Delaware Basins of West Texas. BKT’s water transportation is engaged in transporting both fresh and brine water for oilfield uses such as drilling and hydraulic fracturing.

Clayton Kennedy, CEO of CKI, stated, “This agreement and our partnership with STW Resources will allow our oil company customers to continue drilling and fracking oil and gas wells while preserving our fresh water aquifers. STW Resources’ technology provides an environmentally friendly solution to the water issues facing the oil and gas industry.”

Stanley Weiner, CEO of STW Resources, said, “We are standing on top of an ocean of brackish water and producing billions of barrels of unusable water associated with oil and gas production. With our new proprietary system, we are able to introduce a new source of water suitable for drilling and fracking operations, thus preserving our fresh water for municipal and agricultural use.”

There are over 800,000 billion gallons of water in the salty aquifers of Texas. STW Resources’ system will process approximately 20,000 to 30,000 barrels per day, or 840,000-1,260,000 gallons per day. 

Source:  STW Resources Holding Corp.