Business Overview:
Salt water disposal wells are in high demand by Trucking Companies, Oil Companies and individual investors in the Williston Basin. Demand for disposal currently is greater than supply and with an additional 200 oil wells being drilled each month the capacity shortage is expected to continue for many years to come. Current operations continue to raise the price for disposal but the volume/demand continues to grow. Demand is so high that trucks are sometimes waiting 8 hours or more just to take their turn at unloading. This is a simple business with built in controls and no Accepted/Rejected collection issues. Some clients will pay you in advance to secure disposal rights. Contracts for use of the disposal up to 100% of capacity are possible. This is a very profitable business from day one with expansion possibilities for the owner with capital to invest. Serious buyers only (Cash Required). No information will be provided to buyers who cannot show proof of funds. Facility has 3 gun barrels on site. Seller is open to negotiating with a trucking company for capacity.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Two locations, #1 in Williston Basin is just up and running and putting away 4,000 barrels per day on its way to 8,000 barrels per day, #2 in Northwest North Dakota is putting away 2800 barrels per day. Both facilities have all the necessary tanks, pumps, filters and injection well.
Market Competition and Expansion:
The Williston Basin, North Dakota and NE Montana is a hot spot in America’s energy industry. Key to getting oil to market is the disposal of salt water (Production water) that comes to the surface with the oil pumped out of the ground. The offered two facilities are not under contact with any single hauler (but could be) and are busy (trucks waiting to unload) 24 hours per day. It may be possible to drill additional wells at the current sites to increase capacity. Additional lease sites are available from the seller for those who would like to build more facilities.
Reason for Selling:
Other business interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.