Newspaper article THE JOURNAL RECORD

Turning Down the Volume: Iodine Corp. Wants Lower Ratings for Disposal Wells

Newspaper article THE JOURNAL RECORD

Turning Down the Volume: Iodine Corp. Wants Lower Ratings for Disposal Wells

Article excerpt

WOODWARD - Leroy Goodman is making changes to save money and reduce downtime at the Woodward Iodine Corp. plant. The president and CEO said adjustments to the company's disposal well permits will help lower equipment testing costs.

The facility pulls salty water from oil and gas formations deep underground, refines the liquid to remove iodine and then disposes of the wastewater in one of several wells. Each well can handle up to 25,000 barrels of liquid per day.

But injections have never reached that level, Goodman said. Any well that's rated for more than 25,000 barrels a day must conduct integrity tests every year. The well is shut down, and pressure equipment is attached. As long as no issues are found, the disposal well is out of service for a day or two, he said. …

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