STOCK TITAN

CYBER ENVIRO-TECH, INC PROVIDES POTENTIAL SOLUTION FOR SEISMIC ACTIVITY IN THE PERMIAN BASIN

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Cyber Enviro-Tech, Inc (CETI) has developed a water remediation system to reduce seismic activity in the Permian Basin by treating and repurposing oil production wastewater. The company's solution aims to remediate the wastewater, making it environmentally friendly for irrigation and drinking water. This comes in response to the surge in earthquakes caused by the deep underground injection of high-sodium wastewater in Texas. The size of this problem is significant, with a 400% increase in wastewater injections in Texas from 2011 to 2021, leading to a fivefold increase in earthquakes with a magnitude of 4.0 or higher in 2021 compared to 2020. CETI's portable wastewater remediation systems offer a promising solution to this pressing issue, aligning with the company's commitment to creating a Total Waste Solution (TWS) for repurposing industrial wastewater back into the communities.
Positive
  • CETI's Sludge Master Series of products employ cutting-edge technologies to efficiently convert wastewater into environmentally friendly water for irrigation and drinking purposes.
  • The company's focus on developing environmentally friendly and economically sound ways to remediate industrial wastewater demonstrates a strong commitment to addressing the challenges faced by high oil-producing areas, particularly in Texas.
Negative
  • None.

SCOTTSDALE, Ariz., Dec. 13, 2023 /PRNewswire/ -- (OTC Pink: CETI), Cyber Enviro-Tech, Inc has developed a water remediation system that could help reduce the increased seismic activity in the Permian Basin by treating and repurposing oil production wastewater.  The current practice of deep underground injection of corrosive, high-sodium wastewater from oil production has not only exponentially increased fluid pressure, but also created salty contaminants, trapped gases, and bacteria. All of these triggered earthquakes by decreasing the tight fit or clamping between rocks along natural faults through corrosion and extreme pressure. The Railroad Commission of Texas (RRC) has suspended over 30 wastewater disposal sites aka SWDs (Salt Water Disposal wells) north of Odessa to Midland due to this surge in seismic activity.

Cyber Enviro-Tech's solution is simple – remediate the wastewater instead of injecting it deep underground so it can be repurposed back into the communities. CETI  uses its Sludge Master Series of products which employ a variety of cutting-edge, multidisciplined technologies to efficiently convert wastewater into environmentally friendly water that can be used for irrigation and, with further remediation, drinking water. Their Sludge Master Series wastewater remediation systems are portable, eliminating the need for expensive infrastructure and allowing for easy deployment.  

The size of this problem is considerable.  In 2021, Rystad Energy reported a 400% increase in wastewater injections in Texas from 54 billion gallons in 2011 to 217 billion gallons in 2021. During this period, the US Geological Survey and the University of Texas reported that earthquakes in the Permian Basin were partially caused by the practice of disposing high-pressure saltwater in SWDs. The Bureau of Economic Geology at the University of Texas also noted a fivefold increase in earthquakes with a magnitude of 4.0 or higher in Texas in 2021 compared to 2020, totaling over 200 earthquakes with a magnitude of 4.0 or higher.

Kim Southworth, CEO and cofounder Cyber Enviro Tech Inc., expressed his strong commitment to addressing the challenges and concerns faced by high oil-producing areas, particularly in Texas.  "Our company's focus has always been centered on developing environmentally friendly and economically sound ways to remediate industrial wastewater. This falls in line with creating a Total Waste Solution (TWS) to repurpose industrial wastewater back into the communities. Our approach aims to eliminate the injection of hazardous wastewater into the ground, thereby eliminating a root cause for earthquakes in Texas." 

CETI's technologies, including the Sludge Master Series and the Company's pH balanced Bio Chlorine Dioxide, remain part of the Company's efforts to revolutionize water and wastewater remediation, with the core focus on making water usage and consumption safer, more efficient and less expensive.

ABOUT CYBER ENVIRO-TECH, INC. CETI is an environmentally driven aggregator of Water Science Technologies to make water usage & consumption safer, more efficient, and less expensive. Our initial emphasis is on the oil and gas industry. The Company can remediate a wide range of water contamination issues generated by the production of oil & gas. The Company also employs innovative, proprietary equipment and processes for increased oil production. We do this by applying 4th Industrial Revolution technologies to greatly simplify the mechanics of oil extraction while radically reducing labor, and water truck usage, optimizing oil recovery, plus the ability to monitor activity with instant data and metrics.

FORWARD-LOOKING STATEMENTS
Any statements contained in this press release that do not describe historical facts constitute forward-looking statements. Forward-looking statements may include, without limitation, financial projections, statements regarding the plans and objectives of management for current and future operations, the development, regulatory approvals and commercialization of the Company's products, or any of the Company's proposed services, systems, services, licensing arrangements, joint ventures, partnerships or acquisitions. Such forward-looking statements are not meant to predict or guarantee actual results and performance and actual events or results may differ considerably. Factors that may cause actual results to differ materially from any projections may include, without limitation, delays in the Company's development of its products and services, the inability to obtain additional financing, the impact of significant new or changing government regulation on the industry, existing or increased competition, results of arbitration and litigation, stock volatility and illiquidity, and the Company's general failure to effectively implement the Company's business plans or strategies. The Company assumes no obligation to update any forward-looking statements to reflect any change in events or circumstances that may arise after the date of this release.

CONTACT:
Winston McKellar,
Dir of IR/PR
Cyber Enviro-Tech, Inc.
6991 E. Camelback Rd., Suite D-300
Scottsdale, AZ 85251
866.687.6856
Email:  info@cyberenviro.tech
www.cyberenviro.tech

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cyber-enviro-tech-inc-provides-potential-solution-for-seismic-activity-in-the-permian-basin-302013838.html

SOURCE Cyber Enviro-Tech

FAQ

What has Cyber Enviro-Tech, Inc (CETI) developed?

CETI has developed a water remediation system to reduce seismic activity in the Permian Basin by treating and repurposing oil production wastewater.

What is the current practice that CETI aims to address?

The current practice involves the deep underground injection of high-sodium wastewater from oil production, which has led to a surge in earthquakes in Texas.

What are the key components of CETI's solution?

CETI's solution involves the use of the Sludge Master Series of products, which employ cutting-edge technologies to convert wastewater into environmentally friendly water for irrigation and drinking purposes.

What is the significance of the problem addressed by CETI?

There has been a 400% increase in wastewater injections in Texas from 2011 to 2021, leading to a fivefold increase in earthquakes with a magnitude of 4.0 or higher in 2021 compared to 2020.

What is CETI's commitment in addressing the challenges faced by high oil-producing areas?

CETI is committed to developing environmentally friendly and economically sound ways to remediate industrial wastewater, particularly in high oil-producing areas such as Texas.

What is CETI's focus in revolutionizing water and wastewater remediation?

CETI's focus is on making water usage and consumption safer, more efficient, and less expensive, with technologies such as the Sludge Master Series and pH balanced Bio Chlorine Dioxide.

CYBER ENVIRO-TECH INC.

OTC:CETI

CETI Rankings

CETI Latest News

CETI Stock Data

30.12M
72.38M
32.67%
Utilities - Regulated Water
Utilities
Link
United States of America
Scottsdale