CHEYENNE, Wyo., Nov. 17, 2020 /PRNewswire-PRWeb/ -- Encore Green Environmental announced a new industry-changing perspective on how to price the cleaning and treatment of by-product/produced water for surface application, based on their successful completion of Phases 1 – 3 in their Total Ecological Solution paradigm. This paradigm fulfills corporate ESG goals and land stewardship initiatives.
The first three phases, which were 1) regulatory/permitting approval, 2) successful treatment of the by-product/produced water, and 3) effective, safe ground application of the water, has now led to 4) industry-changing price structure: performance-based-pricing.
PBP, or Performance-Based-Pricing, has two components. As Encore Green Environmental uses their patent-pending Conservation By-Design™ method to re-purpose energy industry by-product/produced water for agriculture and conservation, they commit to not charge for the water treatment unless they perform – defined as cleaning the water to regulatory requirements and soil health needs.
The energy company, in turns, commits to internally calculating their total costs of water disposal, which includes the often overlooked costs of trucking, piping, personnel, as well as the cost of new water. Each of these costs is replaced by EGE's Conservation By-Design™ method.
"This makes the conversation to be comparing apples to apples" says Darlene Nash, CEO of Encore Green Environmental. "This new paradigm allows not only the energy industry to identify their true water disposal costs, but also the treatment industry to have a transparent pathway for implementation."
Encore Green Environmental is able to take over water disposal tasks on producing wells, as well as to offer water disposal as an operating expense per barrel on new wells, instead of a capital expense to install infrastructure. Not only will this be more economically feasible, it leads to a path of environmental sustainability.
"We've been overrun with bait and switch schemes in this water cleaning space. We're actually an agriculture company, that has found new sources of water for ag. Our goal is always to lead with the needs of the land, which is the essence of the ESG goals that corporate America has identified," says John Robitaille, President of Encore Green Environmental, Wyoming.
Encore Green Environmental remains technology agnostic, casting the best water treatment system for each project. Recently in Wyoming, EGE completed the first-ever, fully permitted surface application of cleaned produced water. The beneficiaries of this project was a path to regenerative agriculture and better air quality stewardship.
For more information, visit EncoreGreenEnvironmental.com
Media Contact
Jeff Holder, Encore Green Environmental, +1 307.369.4444, [email protected]
SOURCE Encore Green Environmental
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