Deeprop
Energy - Lockport, LA, US
Deeprop Employees
Deeprop Details
Deeprop® is proving its potential in ongoing field operations in major shale plays across the US, including the Barnett, Woodford SCOOP, Utica, and Permian Basin. Deeprop® 1000, a small, strong microproppant extends shale well production and reduces decline rates by targeting a shale reservoir's secondary fracture network. Deeprop® 1000 is proven to deliver significant benefits to shale operations by: • Propping open narrow secondary fractures that are too small for conventional proppants to extend the productive life of the well.• Flattening a well's decline to recover more hydrocarbon on a longer timescale.• Lowering treating pressures to boost pump rates and prop open fractures deeper into the formation• Recovering the completion costs lost when conventional proppants, which cannot prop open a reservoir's vast secondary fracture network, are used.• Paying for itself in as little as four months. Deeprop achieves an average uplift after 25 months of 40%, and test wells over 36 months have uplifts ranging from 10% to as high as 81%. Operators have recovered their ROI in 4 months or less.
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