About Mid Stream Iodine Business
Iofina’s Wellhead Extraction Technology® (WET®) can quickly and efficiently be deployed to any location and adapt to variations in brine water streams. As a result, Iofina is able to deploy WET® units to producers’ sites throughout North America, presenting a mid-stream option to third party producers and a new revenue source from their waste brine streams. Co-produced brine water from oil and gas production is the largest waste stream in North America. Thus turning in a cost to a cash flow.
The WET® approach employs two different iodine extraction methods, depending on brine chemistry and temperature for optimal efficiency. This flexibility removes some of the operational issues experienced previously by adapting to the specific characteristics of each operator’s brine streams.
The first technology for cold brine streams is a chemical-based method using an anion exchange resin as an absorption media, to which the iodine anions are attracted. It can also be based on a “physical system” that separates out iodine molecules in a physical trap using carbon. This method, which may require pre-filtration, has lower iodine yield efficiency.
The second method is called the WET® IOsorb® method; it is used on larger higher temperature brine streams which may include oil and other impurities.
Iofina larger WET® IOsorb® plants are capable of handling up to 30,000 barrels per day (bpd). The plants are built to ensure full redundancy, meaning production can be switched across to backup twin components to maintain 24/7 operation for lower down times and high iodine yield efficiency. Custom designed plants or multiple WET® IOsorb® plants can be used together in the event that a site produces more than a single unit can handle. The WET® units are crucial to Iofina’s ability to extract third party brine streams from oil, gas and salt water disposal (SWD) producers in a rapid and highly cost effective manner that had not previously been available in the iodine industry.
Iofina compact mobile WET® units are capable of production rates of up to 6,000 bbpd per unit. The mobile WET® units are mounted in a standard trailer or skid mounted that can be rapidly deployed to locations using an articulated truck. Iofina has technology including a patent and patent applications relating to its technology for capturing iodine from iodine-rich brine from wells and converting it into a range of iodine molecules.
Our WET® IOsorb® plants are capable of producing between 50mt to over 450mt of iodine per annum each, depending on flow and iodine concentrations at these target locations. Locations with abnormally high concentrations will produce even more iodine than stated above.
Iofina uses its proprietary patented and patent pending technology on its own production and offers it to third party producers on a contract basis. This allows the operator to have additional income on a waste brine stream. We are oil field proven and are on many of the sites of the largest E&P companies in North America. If you are interested in Iofina as iodine operator on your existing brine stream please e-mail [email protected] or call Forest Dorn in Business Development at +1 303-222-1215.
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