Surge Energy US Holdings Company has announced a top quartile water conservation performance in the Permian Basin.
Surge Energy recently participated in a benchmarking survey that included freshwater and methane intensity comparisons for 13 operators in the Permian Basin during the years 2019 and 2020.
Surge Energy was a top quartile performer during these periods. Freshwater intensity measures the volume of freshwater withdrawn from local sources for fracking operations relative to the resulting barrel of oil equivalent production. The data estimates the freshwater intensity and exposure to water stress for an area of operation. Methane intensity measures methane emissions relative to barrel of oil equivalent production.
Over 65 million total barrels of freshwater have been conserved since the inception of Surge Energy’s water recycling program. Additionally, our water pipeline system eliminated approximately 500,000 truck trips on local roads and saved over five million truck miles in 2020 which eliminates emissions associated with diesel trucks.
Surge Energy is headquartered in Houston, Texas, and currently holds approximately 113,000 net acres in the Permian Basin.
For more information visit www.surgeenergya.com