Exploration and production require an enormous amount of capital and increasing production can’t continue “at any cost”. We have seen the industry pivot from reserve replacement to ROI. Operators want substantive measures of success – not SRV.
Our customers aren’t looking just for reserves, they are looking for profitable reserves. FracRx helps Operators achieve this goal by:
- Building a complete stimulated reservoir model based upon a propped and unpropped treated reservoir as illuminated by the monitoring data.
- Building an economic model based upon the operator’s cost and price decks.
- Performing reservoir production simulations to estimate fluid volumes produced and drainage volumes achieved over time.
- Performing financial modeling to estimate the most economic (greatest NPV) completion parameters.
FracRx also reduces costs:
- In real-time, we can save you money on your treatment program by avoiding over stimulation.
- Long-term we can help you space your wells to be more efficient.