Friday, December 14, 2012

GreenHunter Energy, Inc. (GRH) MAG Tank Launch a Direct Response to Oilfield Operator’s Need for Modular High-Cap Water Storage


GreenHunter Energy, the oilfield operator-centric provider of Total Water Management Solutions™ designed to be the ultimate in full-spectrum services (ranging from hauling and disposal capabilities to complete turnkey water solutions), reported that the company’s wholly-owned GreenHunter Water, LLC subsidiary has rolled out their latest marvel today, a cutting-edge above-ground and completely modular water storage tank system, the MAG Tank.

The final week of this month should see the initial unit deployed down in St. Mary Parish, Louisiana, as the standardized interlocking steel panels for the unit have already been fabricated. The MAG Tank is a beautiful concept and design, really showcasing how the company approaches everything from the operator’s point of view. The patent-pending design offers operators unprecedented configurability, allowing them to deploy against a totally user-specified, variable footprint in capacities starting at 10k bbls and ranging all the way up to over 100k bbls.

This makes the proprietary system perfect for a whole variety of well pads and it was designed to take into consideration environmental, terrain, and weather conditions, as well as this persistent need for a customizable footprint due to space limitation. The MAG Tank is a triumph for GRH’s constant desire to close the user-feedback loop and shows that the company is dedicated to innovating in ways directly called for by existing clientele within the oilfield sector. The demand for such an easily configurable, high-capacity water storage tank that can also meet varied terrain/space challenges is finally answered and easily satisfied by this latest effort by GreenHunter.

The MAG Tank is a gem on the environmental side too, drastically cutting both capital outlays for and environmental impact from truck traffic and the typical earthworks or traditional frak tank solutions. The extremely durable, standardized steel panel wall segments allow operators to throw this thing up quickly and easily, without the need for yet another complex, labor-intensive job created on the site whose execution hampers or threatens productivity. The MAG Tank is also easy to disassemble and move, with a disposable and impermeable liner used alongside a geotextile substrate, as well as a puncture-resistant ground cover, it can be put up and taken down quite readily. After the pad goes in we are talking one to two days tops and all for a design which vastly exceeds the benchmark safety and engineering requirements, meaning you not only get a superior execution water-wise, but the paramount safety concerns that are the preoccupation of every oilfield services operator are met handedly by a robust system that can be trusted.

Just another part of the total water management solutions that GRH can provide and it is not hard to see why the company’s success story continues when you look at the over one century of experience in the core industries collectively held by management. These guys know the industry and they know water. It’s easy to do business with people who really understand the challenges presented by modern shale production and especially when it comes to handling the huge volumes of water needed. More importantly even, GRH understands how these challenges morph into new problems when the difficult logistics presented by terrain and weather, such as that in the Appalachian region, inevitably assert themselves.

For more information on GreenHunter Energy, visit www.GreenHunterEnergy.com

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