CKI is an energy investment company with major holdings including B&K Trucking (BKT), a water transportation and frac tank rental companies with operations throughout the Permian and Delaware Basins of West Texas.
CKI CEO Clayton Kennedy said the agreement the partnership with STW Resources will allow the company’s oil company customers to continue drilling and fracking oil and gas wells while preserving our fresh water aquifers.
"STW Resources’ technology provides an environmentally friendly solution to the water issues facing the oil and gas industry," Kennedy said.
STW Resources will be implementing proprietary technologies that will take brackish and/or produced water and will process the otherwise unusable water to fresh water status.
There are over 800,000 billion gallons of water in the salty aquifers of Texas, and STW Resources’ system will process about 20,000 to 30,000 barrels per day, or 840,000 to 1,260,000 gallons per day.
