28
Feb

Water recycler inks deal with XTO

Odessa American

Infinity Water Solutions and XTO Energy announced a multi-year contract Tuesday to re-use and recycle substantial volumes of water in the Delaware Basin in New Mexico.

Expanding XTO’s portfolio of water management initiatives in thePermian Basin, the agreement is intended to preserve millions of barrels of water while reducing downhole disposal, the companies said in a joint announcement.

“Our commitment to water stewardship is unwavering,” said Infinity CEO Michael Dyson from Austin. “By alleviating the industry’s need to depend on brackish water, Infinity is accelerating conservation rates and increasing New Mexico’s water security, sustainability and resiliency, which is a vision we’re materializing with each new contract.”

Dyson said Infinity operates within a closed-loop water management system with 100 percent of the water gathered at its flagship Mills 1 Ranch, including XTO’s produced water, being recycled and redistributed back into the oil and gas industry in New Mexico to avoid withdrawal from natural water resources.

“This collaborative work with Infinity is part of ExxonMobil’s ongoing efforts to seek industry-leading performance on water management in the Permian, including a continued focus on increasing water recycling and sharing,” said David Scott, general manager of ExxonMobil’s Permian Basin Business Unit.

“As a leading operator in the Permian Basin, we are working to do our part and collaborating with others to help safeguard New Mexico and West Texas water sources,” Scott said.

Read the full article on Yahoo! News.