Business
CYBER ENVIRO-TECH, INC. ANNOUNCES THE DEPLOYMENT OF ITS TECHNOLOGIES TO ADDRESS SIGNIFICANT WATER CONTAMINATION ISSUE IN WEST TEXAS WHILE INCREASING OIL PRODUCTION
CYBER ENVIRO-TECH, INC. ANNOUNCES THE DEPLOYMENT OF ITS TECHNOLOGIES TO ADDRESS SIGNIFICANT WATER CONTAMINATION ISSUE IN WEST TEXAS WHILE INCREASING OIL PRODUCTION.
About this update from Cyber Enviro-tech Inc.
[{"type":"text","content":"Beginning in March 2023, Cyber Enviro-Tech, Inc. (OTC: CETI) (\"CETI\") is set to deploy its combined oil extraction and water filtration technologies on its pilot oil field in west Texas. After achieving desired outcomes, CETI will partner with other 3rd party oil field operators on a revenue sharing basis. This creates a recurring income stream for the Company which continues to increase as it expands into other oil fields.CETI’s initial target market is “stripper wells” which are oil wells that produce 15 barrels of oil a day or less. Stripper wells constitute over 76% of oil & gas wells in the US. “We are confident that CETI’s technological advancements will prove to be a major industry game changer by increasing the production and longevity of stripper wells while returning clean, non-toxic water back into the environment. Quantum leaps forward of this magnitude are far too important to be overlooked by any oil field operator”, says Kim D. Southworth, CEO of CETI.CETI is a water science technology company that uses numerous innovative technologies to increase the production of oil & gas while at the same time, protecting the environment from contaminated oil production wastewater. This serious environmental issue was highlighted in a September 2022 article in the Texas Tribune which said “Oil and gas extraction in the Permian Basin of arid West Texas is expected to produce some 588 million gallons of wastewater per day for the next 38 years, according to findings of a state-commissioned study group — three times as much as the oil it produces.”To address this environmental threat, CETI has spent the last 2 years of R & D in developing, refining and testing its water filtration and oil & gas reservoir oil extraction technologies. Simultaneously, it has been preparing its pilot oil field for deployment. Rejuvenation of the reservoir starts with increasing permeability by destroying bacteria and other contaminates that can completely block or reduce the flow oil & gas downhole. These combined applications will ultimately deliver increased productivity, decreased operating expenses, easier regulatory compliance, improved safety, and environmental benefits.ABOUT CYBER ENVIRO-TECH, INC. CETI is an environmentally driven aggregator of Water Science Technologies to make water usage & cons...