Our approach hinges on an upgrades to the Ad technology and disposed water flowback that we successfully performed with Iodine One project. We're not just purifying water; we're safeguarding the environment. Since the 1960s, oil and gas companies in Oklahoma and Texas have been disposing of vast quantities of water underground, with a total of 23,000 Class II injection wells, both operational and discontinued. These wells contain immense volumes of water contaminated with chemicals, posing a significant environmental challenge.
At Reclaimed Minerals, we recognize the potential danger this poses to population and the environment. However, we also see an incredible opportunity within this challenge. By utilizing our Ad technology, we can not only purify this water but also extract valuable minerals. In fact, our calculations indicate that just the two states of Oklahoma and Texas may harbor up to 19.5 million tons of iodine, which is 7800% of a current US reserve and 1500% of a current Japanese reserve. If proven extractable, it would make the USA the world's largest reserve of this vital element.
Our vision is bold and clear: to purify oil processed water (also known as oil wastewater) to a level where it rivals distilled water! This commitment drives our innovative pursuits, pushing the boundaries of what's possible in environmental remediation.
Oil processed water, once considered a burden, is now a valuable resource in our hands. The management of oil processed water has long been an environmental concern, as it traditionally ends up disposed of in ways that can have unknown consequences for ecosystem. However, within the next five to seven years, our upgrades to the air adsorption technology will transform this wasteful practice. We are on a mission to elevate the quality of processed water to meet the standards of distilled water, thus mitigating environmental harm and ensuring a cleaner, sustainable future.
At Reclaimed Minerals, we invite you to join us in this pioneering journey towards a sustainable future. Together, we can turn the tide on environmental pollution, purifying oil processed water to unparalleled levels. By choosing Reclaimed Minerals, you're not just choosing a cleanup solution – you're choosing a future where environmental responsibility takes center stage.