Ecosphere Technologies Receives U.S. Patent on Portable Hydrodynamic Cavitation Manifold - Seite 2
McGuire continued, "Our newly patented hydrodynamic cavitation manifold technology is just another testament to the vast engineering, manufacturing and technical capabilities that Ecosphere has to develop synergistic technologies and products to support our customers in the field. With 7 approved U.S. patents since 2008 and approximately 14 patents pending for our Ozonix® technology, Ecosphere has and will continue to lead the Oil & Gas industry in bringing patented and proven water treatment technologies to the well site to allow our customers to increase production and reduce their use of chemicals."
For more information on Ecosphere's patented Ozonix® technology, please visit http://www.ecospheretech.com/environmental-engineering-technologies/ozonix
In November 2014, the Company announced a technical study of 155 natural gas wells, prepared by Optimal Data Analysis, LLC (Authors: Paul R. Yarnold, Ph.D, Jamar Blackmon, Ph.D. and Parag Gogate, Ph.D.), that assessed the comparative efficacy of water treatment methods for 96 wells treated using Ecosphere Technologies' patented Ozonix® technology versus 59 wells treated using liquid Chemical Biocide in the Fayetteville Shale of Arkansas. The study relied on public information filed with the State of Arkansas and included wells that Ecosphere's patented mixing manifold technology was used on.
Findings established that the use of Ecosphere's patented Ozonix® technology in water treatment for the hydraulic fracturing of natural gas wells resulted in broadly greater productivity than liquid Chemical Biocide treatment, significantly greater overall gas production achieved in the first two months of post-fracturing operations, and consistently greater gas production and monetary returns across all 12 months of post-fracturing operations.
To download a free copy of the technical report, please visit http://www.ecospheretech.com/water-recycling-news/blog/post?id=6644.
Since 2008, Fidelity National Environmental Solutions, a company in which Ecosphere owns approximately 31%, has enabled oil and gas customers to treat, recycle and reuse over 5 billion gallons of water for approximately 1,200 oil and natural gas wells, protecting $5+ billion worth of well assets, and generating approximately $70 million in revenue utilizing Ecosphere's patented Ozonix® technology.
About Ecosphere Technologies
Ecosphere Technologies, Inc. (OTCQB: ESPH) is a U.S. technology licensing and innovative manufacturing company that develops environmental
solutions for the global water, energy and agricultural markets. We help industry increase production, reduce costs, and protect the environment through a portfolio of unique, patented
technologies: Technologies like Ozonix®, the Ecos PowerCube® and our Ecos GrowCube®, which are licensable across a wide range of industries and applications throughout the world.
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For more information, please visit http://www.ecospheretech.com
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Contacts
Investor Relations:
Shawn Severson
The Blueshirt Group
Phone: (415) 489-2198
E-mail: shawn@blueshirtgroup.com
Press and Media Relations:
Alex Wellins
The Blueshirt Group
Phone: (415) 217-5861
E-mail: alex@blueshirtgroup.com
Company:
Corey McGuire
Director of Marketing
Ecosphere Technologies, Inc.
Phone: (772) 287-4846
E-mail: cmcguire@ecospheretech.com