Weatherford announces new FracAdvisor™ Services offering

Weatherford International plc today introduced its new FracAdvisorTM service offering for the oil and gas industry. FracAdvisorTM provides near real-time guidance to operators for optimised completion designs, reduced operational risks, and increased efficiency of hydraulic fracturing operations.

Well production variances and operational time constraints demand an integrated solution based on the reservoir’s unique characteristics. Through FracAdvisorTM, Weatherford provides guidance to operators on how to optimally complete a well by accurately incorporating various reservoir and completion attributes, such as the effect of anisotropy in organic shale reservoirs. FracAdvisorTM incorporates proprietary algorithms that weight specific attributes according to the specific play, well, or lateral.

“FracAdvisorTM provides operators with a thorough understanding of the subsurface, especially the reservoir and completion qualities, mitigating challenges in well-to-well production variation in unconventionals,” said Matt Vanderfeen, Vice President of Petroleum Consulting and Laboratories for Weatherford. “The service offers calculated fracability along horizontal or vertical wellbores, or in fields, or basins.”


Adapted from press release by Joe Green

Published on 04/02/2015


Get your FREE Oilfield Technology magazine »

Get your FREE trial of Hydrocarbon Engineering magazine »

Get your FREE trial of World Pipelines magazine »


 
 

Related articles

Weatherford awarded Statoil tubular running services contract

Weatherford has been awarded an exclusive contract with Statoil Petroleum AS valued at US$ 400 million for the delivery of Tubular Running Services on 19 drilling units.

Weatherford changes place of incorporation to Ireland

Weatherford has announced that its shareholders have approved changing its place of incorporation from Switzerland to Ireland.

Weatherford and Sinopec to form joint venture

Weatherford, Sinopec and Shengli Highland Petroleum Equipment have agreed to form a new equity joint venture company in China.

Weatherford awarded Marine Well Containment Company contract

Marine Well Containment Company (MWCC) has awarded Weatherford a contract for the design and construction of the topsides process modules for two dynamically positioned tankers to operate in the US Gulf of Mexico.

Recommend magazines

  Oilfield Technology