Abstract: Systems and methods involve capturing gaseous and liquid byproducts from the recovery of hydrocarbons and then using those captured byproducts for commercially and environmentally advantageous purposes. A method for recovering hydrocarbons from a well includes the steps of placing the well in a first mode of operation in which gases from the well are stored under pressure in a gas storage unit on the surface, and placing the well in a second mode of operation in which gases are transferred from the gas storage unit into an underground gas storage formation through the well. Methods for managing produced water include the steps of storing the produced water in an underground water storage reservoir, heating the produced water with geothermal energy, and transferring the heated water to an energy recovery system to generate electricity from the heated produced water.

Abstract: Systems and methods involve capturing gaseous and liquid byproducts from the recovery of hydrocarbons and then using those captured byproducts for commercially and environmentally advantageous purposes. A method for recovering hydrocarbons from a well includes the steps of placing the well in a first mode of operation in which gases from the well are stored under pressure in a gas storage unit on the surface, and placing the well in a second mode of operation in which gases are transferred from the gas storage unit into an underground gas storage formation through the well. Methods for managing produced water include the steps of storing the produced water in an underground water storage reservoir, heating the produced water with geothermal energy, and transferring the heated water to an energy recovery system to generate electricity from the heated produced water.