Company
H2Oil and 212 Resources Highlights
- Established Master Service Agreements for tank bottom and produced water disposal services with Exxon, Chevron, BP, Occidental (Oxy), Duke Energy, Kerr McGee, Nabors, XTO Energy … and hundreds of other oil producers.
- Achieved an industry first environmental “take or pay” contract in the natural gas industry to treat flowback and produced water to beneficial use standards.
- Gained an “exemplary” rating by a major oil company’s global facility auditor.
- Completed two years of operations in 2007 at our first plant while achieving significant industry breakthroughs for processing oily-tank bottoms, emulsions, and produced water.
- Developed the processes and patent(s) for the most cost-effective system to recover clean water and valuable hydrocarbons for reuse in the oil and gas production fields.
- Became the only reclamation company to sell its recovered oil directly to a refinery.
- Attracted executive/founding management team members who each have over 25 years of success in technology, business development, and financial management, with a history of taking companies to liquidity events.
- Secured world-class management in operations, environmental, and engineering disciplines.
