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Bullboard - Stock Discussion Forum Marksmen Energy Inc V.MAH

Alternate Symbol(s):  MKSEF

Marksmen Energy Inc. is a Canada-based energy company. The Company is engaged in the acquisition, exploration, development and production of oil and gas properties, primarily located in Ohio, United States. The Company’s projects include Davis Holbrook, which is an oilfield property in Pickaway County, Ohio and the formation is the Cambrian Knox. The Company is the operator and holds a 75... see more

TSXV:MAH - Post Discussion

Marksmen Energy Inc > GOOOD MORNING MAH!! keys dynamite post~I had to share!!$$$$
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Post by moneywagon on Oct 16, 2023 9:29am

GOOOD MORNING MAH!! keys dynamite post~I had to share!!$$$$

 
@Keys A disposal well is often a depleted oil or gas well, into which waste fluids can be injected for safe disposal. A by-product of oil and gas production is water that was either trapped in the same deep formations, was injected to stimulate a formation (hydraulic fracturing), or was injected to enhance oil recovery
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@Keys So why is $MAH owning its own Disposal well a benefit?
 
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@Keys Costs for produced water disposal (including disposal fees and/or accompanying handling fees) ranged from $. 04/bbl to $1.88/bbl. An operator who used a company-owned fresh water disposal well reported the lowest per barrel cost ($. 04/bbl) for disposal.
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@Keys For example : In central Kansas the cost to dispose of produced salt water varies greatly depending upon how it is delivered to the disposal site. Trucked water currently costs a total of $1.60/barrel to dispose, including the cost of trucking. Produced water delivered to the disposal site by pipeline is charged at a rate of $500/per month if the volume is less than 500 barrels per day. Volumes above 500 bbls/day are an additional $1 per barrel each month i.e. 750 barrels of produced water disposed each day would cost $750 per month.
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