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SWD Royalty means a 10% royalty, proportionally reduced as to Buyers' interests, on Buyers' undivided interest share of all saltwater disposal revenue received by Buyers from, in the event Buyers (a) enter into any Adjacent Disposal Venture, any salt water disposal xx developed on the Jal Ranch, the ...
A saltwater disposal (SWD) well is a disposal site for water collected as a byproduct of oil and gas production. Quite often when oil and gas are pumped out of the earth, they aren't pure enough for distribution. The oil and gas go through a separation phase or are treated with chemicals that extract the impurities.
Disposal wells During oil and gas extraction, brines are also brought to the surface. Brines are separated from hydrocarbons at the surface and reinjected into the same or similar underground formations for disposal. Wastewater from hydraulic fracturing activities can also be injected into Class II wells.
While some particularly arid regions allow for disposal via evaporation from large holding pits, most salt water is disposed of at specialty disposal sites where the salt water is injected by way of a disposal well (salt water disposal, or SWD wells) into natural underground formations.
Underground Injection Control is a program that is federally delegated by the U.S. Environmental Protection Agency (EPA) to Texas, and it follows national guidelines under the federal Safe Drinking Water Act for surface and groundwater protection.