DALLAS, Sept. 24, 2017 /PRNewswire/ -- The
environmental impact and cost of producing just one barrel of oil
is enormous. The hydraulic fracturing or fracking process uses a
large amount of precious water that, in the end, is dirty water.
For each barrel of oil, ten barrels of contaminated water remain.
Those leftover 10 barrels of now contaminated water are trucked to
disposal wells where they are contained and later transported to
another location for disposal. That soiled water contains a
plethora of nasty chemicals and contaminants that no one wants to
go back into the earth and surface water resources. The trucks that
must transport contaminated water pose high risk of damage to the
roads on which they travel. So, what if those problems could be
avoided completely? Genesis Research and Technology Group has the
green technology that can eliminate these and many more
concerns.
Genesis Research and Technology Group has a custom, mobile and,
if need be, solar-powered technology solution to clean the water
from oil production so that it can be reused multiple times. "The
dirty fracking water can be cleaned at up to 2,000 barrels per
hour, or scaled to fit a company's needs at 20,000 barrels per
hour," says Ron Price, CEO of
Genesis Research and Technology Group.
The eco-friendly benefits are impressive, but think about the
lower impact to the roads. Genesis has created scalable, on-site
technology, whereby contaminated water can be cleaned right on the
job site. The expense of transporting contaminated water and the
wear and tear on the nation's highway and road infrastructure is
drastically reduced. That means less impact on the pockets of
tax-paying citizen.
Water is the world's most important natural resource. This
custom, green technology is good for the oil and gas companies, the
environment, people, and the earth. To launch this endeavor into
mainstream production, Genesis Research and Technology Group plans
to release an ICO Sept. 27, 2017 on
the cryptocurrency exchange. Michael
Lagow, CAO of Genesis Research and Technology Group,
projects that "The crowd funding opportunity will enable private
investors to profit from this state-of-the-art green technology for
years to follow." "The technology is revolutionary and will save
the oil and gas industry hundreds of millions of dollars and
protects the environment while at the same time, it eliminates
transportation of contaminated water," says Billy Hood, VP Marketing, Genesis Research and
Technology Group.
About Genesis Research and Technology Group: Genesis Research
and Technology Group is a U.S.-based company that has developed a
patented, state-of-the-art technology that provides clean reusable
water for the world's population. The Company exploits its
chemical-free technology as its efforts are being recognized
by several leading government agencies developing and implementing
Green technologies to protect and preserve our earth's
resources.
Genesis Research and Technology Group provides custom built
state-of-the-art water treatment technologies for all types of
water. Years of research and development go into perfecting this
technology that allows Genesis to offer its clients a sole source,
reusable water filtering and cleansing technology that is totally
chemical free.
Media Contact:
Patricia Almand
Phone: 855-810-0UMG
Email: patricia@umgad.co
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SOURCE Genesis Research and Technology Group