- Testing of water purification technology could lead to potential contracts worth over $100 million annually.
- Technology aims to meet EPA standards by reducing contamination from 300,000 ppm to 500 ppm.
- Targeting large market opportunity as Texas alone processes 10 billion barrels of produced water annually.
Cyber Enviro-Tech, Inc. (OTCQB: CETI) has announced the critical testing of its advanced water purification technology aimed at the oil and gas industry. This pioneering system seeks to transform highly contaminated produced water—a byproduct of oil extraction—by reducing Total Dissolved Solids (TDS) from 300,000 parts per million (ppm) to the Environmental Protection Agency (EPA) standard of 500 ppm. Successful testing could secure contracts potentially valued at over $100 million annually for the company.
Produced water, containing high levels of salts, hydrocarbons, and heavy metals, is one of the most challenging industrial wastewaters to treat. CETI's technology offers an alternative to the environmentally detrimental practice of deep underground injection, prevalent in places like Texas, which injects over 10 billion barrels of such water annually. CETI's solution proposes recycling this water for reuse, enhancing both water conservation and environmental sustainability.
"This testing marks a crucial milestone in our mission to convert one of the most challenging wastewaters into a valuable resource," said TJ Agardy, President of Cyber Enviro-Tech, Inc. The company anticipates receiving crucial laboratory results in a few weeks, which could validate their technology's effectiveness in meeting these environmental standards.
Headquartered in Scottsdale, Arizona, Cyber Enviro-Tech, Inc. is known for spearheading eco-conscious projects in oil sludge, water, and soil remediation across the globe. The company integrates cutting-edge technologies such as artificial intelligence and cloud computing with non-chemical bioremediation techniques.
The upcoming laboratory results could significantly impact CETI's financial trajectory by opening new revenue streams via large-scale contracts, should the technology prove successful.
