×

Propel SSP Proppant Transport Technology Reduces Cost Per BOE by Increasing Stimulated Reservoir Volume

THE WOODLANDS, Texas, Feb. 3, 2015 (GLOBE NEWSWIRE) -- Fairmount Santrol announced today at the SPE Hydraulic Fracturing Technology Conference the latest Propel SSP™ proppant transport technology field trial results. Collectively, these data document again how this technology is reducing cost per BOE by increasing the stimulated reservoir volume.

Propel SSP proppant transport technology swells upon contact with water to decrease a proppant's effective specific gravity, allowing the proppant to go farther and higher into the formation. The increased stimulated reservoir volume reduces cost per barrel of oil equivalent.


A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=30433

In an Escondido formation rich-gas play, an operator compared a 46% tail-in of Propel SSP technology coated on 30/50 Northern White sand with a slickwater design. The Propel SSP technology well boosted 60-day cumulative gas production by more than 55% while decreasing stage pumping time, water consumption, and fluid-additive volume.

In a Mississippian Lime liquids-rich play, a well with Propel SSP technology coated on 20/40 Northern White sand increased 18-month cumulative BOE 45% compared with the offset well's conventional slickwater design.

In a Marcellus formation liquids-rich play, a 49% tail-in of Propel SSP technology coated on 30/50 Northern White sand increased 60-day cumulative IP 26% compared with the offset well's hybrid completion.

In a Utica formation natural gas liquids play, a 71% tail-in of Propel SSP technology coated on 30/50 Northern White sand increased 60-day cumulative IP 12% compared with the offset's hybrid completion.

"These field trials in various shale formations throughout the U.S. show, regardless of these reservoir conditions, how the Propel SSP shear-resistant polymer ensures greater drainage by traveling farther in a thin fluid for a substantially increased propped fracture area," said Nick Johnson, vice president of Marketing. "Our proppant transport technology solves the decades-old problem of uniformly distributing proppant throughout the full length of a created hydraulic fracture."

Propel SSP technology resists settling in a low-viscosity fluid. A clean break of the Propel SSP polymer transport system prevents proppant pack and formation damage. The result is 100% regain conductivity compared with a guar-based fluid that reduces conductivity by as much as 70% because of relatively poor fracturing fluid cleanup.

Fluid sweeps are eliminated by maintaining viscous proppant transport in a thin fluid. Pumping time is reduced because of the higher capacity to carry proppant compared with slickwater. Less fluid additive is required because less fluid volume is needed. A better hydraulic fracturing treatment through enhanced efficiency is improving reservoir production.

Fairmount Santrol is demonstrating Propel SSP technology's superior proppant transport in booth 615 at the Hydraulic Fracturing Technology Conference February 3–5 at The Woodlands Waterway Marriott Hotel and Convention Center.

About Fairmount Santrol

Fairmount Santrol, formerly Fairmount Minerals, is a leading provider of high-performance sand and sand-based products used by oil and gas exploration and production companies to enhance the productivity of their wells. The company also provides high-quality products, strong technical leadership, and applications knowledge to end users in the foundry, building products, water filtration, glass, and sports and recreation markets. Its global logistics capabilities include a wide-ranging network of distribution terminals and thousands of railcars that allow the company to effectively serve customers wherever they operate. As one of the nation's longest continuously operating mining organizations, Fairmount Santrol has developed a strong commitment to sustainable development, environmental stewardship, and operational safety. Correspondingly, the company's motto and action orientation is: "Do good. Do well."

CONTACT: Bruce Goldfaden Fairmount Santrol 281.750.5966 bruce.goldfaden@fairmountsantrol.com

Source: Fairmount Santrol