Purestream Technology has contracted with Whiting Oil and Gas Corp. to deploy its Avara System, which can process up to 2,000 bbls of flowback water daily, for a water treatment project in Mountrail County, ND, to support Whiting’s operations in the Williston Basin. The clean finished water will be returned for continued use in hydraulic fracturing. The Avara system was developed in partnership with Utah State University’s Energy and Space Dynamics Labs.
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Edge Petroleum to Acquire $50M in Property, Reserves from Contango
Edge Petroleum Corp. announced Thursday that it purchased 14.4 Bcf of natural gas proved producing reserves and 266,000 bbls of oil reserves in South Texas from Contango Oil & Gas Co. for $50 million in cash. Net production from the properties is 11 MMcf/d and 150 bbl/d of condensate.
October 8, 2004
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