The stimulation technology process can be used to rapidly and reliably stimulate multiple reservoir zones in a single operation, yielding improved well economics, according to the company.
The process was developed by ExxonMobil Upstream Research Company in Houston, Texas.
The process can be particularly beneficial for fracturing operations in tight gas, shale gas, and coal bed methane wells that target multiple reservoir zones, thick reservoir sections, or long reservoir intervals where multiple stimulation treatments are required.
The lisense will enable Calfrac to optimize its stimulation operations by combining the deployment of perforating and fracturing equipment simultaneously in the wellbore to enable single-trip, multi-zone stimulations.
The technology increases the number of zones that can be fractured per day compared to conventional fracturing and stimulation operations.
