What is FracRx®?
FracRx® is the formalization of our data analytics and synthesis platform. We integrate multi-physics data to derive a prescription for completing your wells and developing your resource better. What is our definition of better? Better ROI and NPV.
What is the difference between MicroSeismic and FracRx®?
MSI is a geophysical company that acquires and images microseismic data.
FracRx® is a data analytics service that prescribes how to get the most ROI from your developing resource, using multiple data types.
What is the distinction?
MicroSeismic provides: microseismic data acquisition, microseismic event description, hypocenter, moment tenser, attribute distributions.
FracRx® provides: a description of the treated reservoir, a prediction of production, drainage volume & ROI and a prescription for increasing NPV.
How do they complement each other?
MicroSeismic provides the most complete imaging of the frac’d reservoir and is therefore an important input to the FracRx® process.
Are there any crossover services?
Yes, particularly in the area of wellbore stability, where the interaction of the geomechanical properties of the reservoir at the point of treatment, with the stimulation are revealed by the MicroSeismic observations.
Is FracRx® a company or a brand/product of MicroSeismic?
FracRx® is a service/brand that will have its own identity, including its own website which you will find at www.fracrx.com.
Is FracRx® a separate legal entity?
Are any MicroSeismic products being discontinued?
If another company has monitored my wells, can I use that data for FracRx®?
Yes, we incorporate all the data you have or that are available in the public domain, including: MicroSeismic and microseismic, DAS/DTS, Tracer, DFIT or other pressure observations, 3D seismic interpretation and attributes, stress and geomechanical data, rock and fluid property data, production data, and cost & commodity pricing data.
Will I continue to have the same Sales Representative?
Yes, your Sales Representative will be the same person and will be very well versed on how you can begin making better ROI and NPV on your fracs.