GreenHunter Water, LLC, wholly owned by GreenHunter Energy, Inc. (NYSEAMEX: GRH), recently announced that it has commenced full water management operations at its New Matamoras, Washington County, Ohio River bulk water storage and barge transloading plant.
GreenHunter is a renewable energy company that mainly handles water management and storage in unconventional oil and shale gas prospects.
After securing a lease for the facility, GreenHunter spent the last 3 months retooling and expanding the Matamoras facility.
Its operations at this plant serve clients working the natural gas, crude oil, and natural gas liquids in the Marcellus and Utica shales. The company also stated that the facility serves as a service station and will become logistics headquarters for its Appalachian operations.
The Street quotes GreenHunter President and COO Jonathan D. Hoopes from a corporate press release:
“We are pleased to report that operations at our Ohio River bulk water storage facility began last week. We began accepting both production water and frac flowback water and we expect to receive up to 4,000 barrels per day from a single new customer for the next ten weeks as we begin to ramp up operations. By leveraging proprietary innovations, advanced infrastructure design and the experience we have gained from operating our existing salt water disposal operations, we have the ability to offload up to nine trucks simultaneously while emptying entire loads from trucks in less than 10 minutes time. The addition of 70,000 barrels (2,940,000 gallons) of bulk storage increases our storage capacity in the region by a significant magnitude. With these assets in operation, we expect to realize an improvement in the economic utilization and overall profitability of our existing Class II salt water disposal wells in the area as we continue working on bringing the barge operations on line in the near future. One of our primary goals at GreenHunter Water is to never have to turn down a customer’s load of water for disposal. We strive to maintain sufficient capacity both at our disposal facilities and now at the new Matamoras facility to ensure complete customer satisfaction.”