Ecosphere Technologies, Inc.

Optimal Data Analysis Announces 3-Year Study of 155 Natural Gas Wells that Proves Increased Well Productivity with Ozonix®

November 20, 2014

Dear Shareholder,

Ecosphere is pleased to announce 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”.  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. 

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.

Please download the technical report below.

Best Regards,

Shawn Severson
The Blueshirt Group
Phone: (415) 489-2198
E-mail: shawn@blueshirtgroup.com

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


Click here for the report

 

Authors

Paul R. Yarnold, Ph.D.

Optimal Data Analysis, LLC

Dr. Paul Yarnold received his Ph.D. in academic social psychology at the University of Illinois at Chicago in 1984, and joined the faculty of Northwestern University Medical School (Internal Medicine) and the University of Illinois at Chicago (Psychology). Paul remained working there (primarily in the Departments of Internal Medicine, Cardiology, Surgery, Psychiatry, Emergency Medicine, Infectious Disease, Pharmacy, Physical Medicine and Rehabilitation, Geriatrics, Comparative/Translational, Cancer, and Allergy/Immunology) until 2010, when as Research Professor of Medicine, and Professor of Psychology, he left to become an entrepreneurial scientist. During his tenure he was elected as a Fellow of the Society of Behavioral Medicine, and Fellow of Divisions 5 (Measurement, Evaluation, and Statistics) and 38 (Health Psychology) of the American Psychological Association. Paul remains on the editorial boards of Perceptual and Motor Skills (Consulting Editor), and Archives of Physical Medicine and Rehabilitation (staff statistics reviewer), and in 2011 he founded the e-Journal Optimal Data Analysis. Paul co-discovered the Optimal Data Analysis paradigm; published more than 300 journal articles on a myriad of topics largely in the areas of statistics, medicine and psychology; authored three best-selling statistics books and more than a dozen software systems; obtained more than $16M in grant awards; and earned several patents. His H-index is 49, and his work has been cited in more than 11,400 publications.

Jamar Blackmon, Ph.D.

Fidelity National Environmental Solutions, LLC

Dr. Jamar Blackmon completed his B.S. in Computer Engineering, M.S. in General Engineering and Ph.D. in General Engineering from University of Arkansas, located in Fayetteville, Arkansas. The main research interests of Jamar include Artificial Intelligence, Water and Wastewater treatment, Design and implementation of Advanced Oxidation Processes (AOP) for Water and Wastewater Treatment, Water Compatibility and increased Efficiency with Oil and Gas Chemicals using AOP’s for Water and Wastewater Treatment. After completing his M.S. studies in 2006 Jamar entered the Oil and Gas industry as an engineer for BJ Services, where through the years he designed and oversaw several completions operations, including: Fracturing, Cementing, Acidizing, and Coiled tubing. Jamar has an extensive knowledge of chemicals used in the Oil and Gas completions process and his research has proven that many of those chemicals can be replaced using AOP processes for water and wastewater treatment. In 2010 Jamar left BJ Services to join the Fidelity National Environmental Solutions (FNES) team, where he is currently employed. He serves as Manager of Operations and Engineering for FNES.

Parag Gogate, Ph.D.

Institute of Chemical Technology

Dr. Parag Gogate completed his B.S. in Chemical Engineering, M.S. in Chemical Engineering and Ph.D. (Tech.) from The Institute of Chemical Technology, Mumbai, India and is also currently associated with ICT as a full Faculty in Chemical Engineering. The main research interests of Dr. Gogate include Cavitation phenomena, Wastewater treatment, Design of Multiphase reactors, Separation Processes and Process Intensification. Dr. Gogate has published 160 research papers in International journals and has also written 14 chapters in books. Dr. Gogate is a well-cited researcher with 4750 citations and an H-index of 39. Dr. Gogate has given 45 invited talks/seminars and also participated in 11 national/international conferences. Dr. Gogate is also consultant to a few industrial organizations in the area of process intensification, process improvement and Wastewater treatment. Dr. Gogate has contributed extensively to the development of the profession by virtue of organization of refresher courses/seminars for participants from academic institutes/industries and also competitions for student community.

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