SOURCE: Ecosphere Technologies, Inc.

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November 20, 2014 07:30 ET

Optimal Data Analysis Releases Technical Report Proving Significant Increase in Natural Gas Well Productivity and Revenue When Using Ecosphere Technologies' Patented Ozonix® Process Versus Chemical Biocide

3-Year Study Analyzes 155 Natural Gas Wells in the Fayetteville Shale of Arkansas

STUART, FL--(Marketwired - November 20, 2014) - Ecosphere Technologies, Inc. (OTCQB: ESPH), a U.S. technology licensing and innovative manufacturing company and Fidelity National Environmental Solutions ("FNES"), a company in which ESPH holds a 31% interest, today announced the release of a technical report titled "Statistical and "Bottom Line" Comparisons of Gas Production Yielded by using the Patented Ecosphere Ozonix® Technology Versus Chemical Biocide for the Hydraulic Fracturing of Natural Gas Wells" commissioned by Ecosphere. 

The report focuses on an extensive 3-year study, which compares the magnitude of gas production yielded by two distinctly different methods currently being implemented for treating water to control bacteria, scale, microbio­logically induced corrosion, and biofilms associated with the hydraulic fracturing process of natural gas wells. 

The study of 155 natural gas wells, prepared by Optimal Data Analysis, LLC (Authors: Paul R. Yarnold, Ph.D, Jamar Blackmon, Ph.D. and Parag Gogate, Ph.D.), assessed the comparative efficacy of water treatment methods for 96 wells treated using Ecosphere Technologies' patented Ozonix® technology versus 59 wells treated using liquid Chemical Biocide in the Fayetteville Shale of Arkansas. The study relied on public information filed with the State of Arkansas.

Findings established that the use of Ecosphere's patented Ozonix® technology in water treatment for the hydraulic fracturing of natural gas wells resulted in broadly greater productivity than liquid Chemical Biocide treatment, significantly greater overall gas production achieved in the first two months of post-fracturing operations, and consistently greater gas production and monetary returns across all 12 months of post-fracturing operations. 

Specifically, as compared with Chemical Biocide water treatment methods and based on the current market price of gas, the use of Ecosphere's patented Ozonix® technology returns $24.9 million in incremental revenue per year for 100 gas wells, $124.8 million in additional revenue per year for 500 gas wells, and $249.7 million in additional revenue per year for 1,000 gas wells.

To download a free copy of the report on the comparative efficacy of Ecosphere's patented Ozonix® technology, please visit http://www.ecospheretech.com/water-recycling-news/blog/post?id=6644.

For information on Licensing Opportunities for Ecosphere's patented Ozonix® technology, please visit http://www.ecospheretech.com/environmental-engineering-technologies/licensing-opportunities.

About Optimal Data Analysis
Optimal Data Analysis, LLC (ODA), is a privately owned statistical consulting company specializing in design, measurement and analysis aspects of all maximum-accuracy methods, providing theoretical and applied research in one location and serving as both nursery and proving-ground for cutting-edge science. ODA provides a free eJournal, Optimal Data Analysis, for which there is no subscription or publication fee, so that all may acquire leading-edge ideas, findings, experiments, and reviews in this field. ODA offers an assortment of statistical software, consulting and educational services and products, as well as "software as service" and special-purpose integrated systems. The ODA Journal is designed for those interested in maximizing accuracy to have instant access to accumulated knowledge, the latest reports, the most current software, and state-of-the-art computing infrastructure.

For more information, please visit http://odajournal.com.

About Fidelity National Environmental Solutions
Fidelity National Environmental Solutions, LLC (FNES), a leading water treatment provider to the energy services sector, has an exclusive field-of-use license to Ecosphere's patented Ozonix® technology for global energy applications including, but not limited to, onshore and offshore oil and natural gas exploration and production, power generation, refineries and coal. FNES currently provides energy exploration companies with mobile wastewater treatment equipment to eliminate harmful chemicals from hydraulic fracturing operations around the United States and Canada.

For more information, please visit http://www.ecospheretech.com/divisions/fidelity-national-environmental-solutions.

About Ecosphere Technologies
Ecosphere Technologies, Inc. (OTCQB: ESPH) is a U.S. technology licensing and innovative manufacturing company that develops environmental solutions for the global water, energy and agricultural markets. We help industry increase production, reduce costs, and protect the environment through a portfolio of unique, patented technologies: Technologies like Ozonix®, the Ecos PowerCube® and our Ecos GrowCube®, which are licensable across a wide range of industries and applications throughout the world.

For more information, please visit http://www.ecospheretech.com.

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