MGX subsidiary PurLucid Treatment Solutions Inc. utilizes exclusively licensed nanoflotation technology to provide oilfield operators with wastewater handling solutions.
The technology separates impurities from oil and gas wastewater and produces clean water as a final product. This allows for the recycling or controlled release of oilfield wastewater and reduces or eliminates downhole and associated transportation costs. Water handling costs are one of the largest operating costs in the oilfield and oilsands operations today.
- Exclusively licensed and patented technology
- $8.2 million grant from SDTC and ERA to commercialize water treatment systems
- Fully integrated with petrolithium technology; offers standalone or combined deployment systems
- Contracts signed with oil and gas operators to integrate water treatment systems