Newfield Exploration Co. (NYSE: NFX) broke ground on a multimillion dollar water recycling facility in Oklahoma’s Stack Play within the Anadarko Basin, the company said March 30.
The complex, named the Barton Water Recycle Facility, is located on a 30-acre site in Kingfisher County, Okla., and is expected to process about 30,000 barrels per day of water using aerated biologic treatment technology to convert produced water into recycled water for hydraulic fracturing operations.
“The new Barton facility will be capable of recycling both the flowback and produced water currently generated from our STACK wells and hydraulic fracturing operations,” said Newfield Chairman Lee K. Boothby. “Today’s innovative technologies are allowing us to more cost-effectively recycle and reuse the water we produce from our operations. This is good for our economics and good for the environment,” added Boothby.
The company said it expects the Barton facility to be completed early in the third quarter of 2017. In addition, the facility will connect to seven pits with nearly 6.5 million barrels of storage capacity utilizing more than 70 miles of underground pipeline by the end of 2017.
Newfield, based in The Woodlands, Texas, holds about 300,000 net acres in the Stack Play. Newfield has invested more than $40 million to date in water management infrastructure in its STACK play.
SOURCE Newfield Exploration Company
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Compiled and Published by GIB KNIGHT
Gib Knight is a private oil and gas investor and consultant, providing clients advanced analytics and building innovative visual business intelligence solutions to visualize the results, across a broad spectrum of regulatory filings and production data in Oklahoma and Texas. He is the founder of OklahomaMinerals.com, an online resource designed for mineral owners in Oklahoma.
