PROVIDING VALUE THROUGH TECHNOLOGY Vision: Global leader in revitalizing wellbores Started in 2015 - Based in Houston, TX Focus on developing technologies to maximize wellbore recovery Management team with extensive downhole…
BREATHE NEW LIFE INTO OLD WELLS Maximize EUR Optimize Reduction from Existing deployment of personnel Wellbores of resources and logistics 3 Patented
BREATHE NEW LIFE INTO OLD WELLS Tubing/CT conveyed isolation tool Pin-Point Re-stimulation of existing wells 100% hydraulic activation of all tool components Qualified for both Acid and Proppant application Patent granted:…
A VIDEO SPEAKS A THOUSAND WORDS 5 Patented
GROWING THE PRODUCTION CURVE WITH THE LEARNING CURVE Year bbl/ft Lbs/ft Cluster spacing PRE…
BIGGER AND BETTER FRACS ARE MAKING BIGGER AND BETTER WELLS Proppant [lbs/ft]: Fluids [bbls/ft]: Stage Spacing [ft] Oil Production Rate [BPD] 7 Source: EP Energy
PIN-POINT REFRACTURING: RETROFITTING NEW DESIGNS INTO OLD WELLS Wells drilled per year: Year Eagle Ford Barnett Bakken Marcellus 2012 3,806 2,032 2,240 1,938 2013 4,400 1,602 2,763 2,182 2014 4,400 748 2,632 1,769 TOTAL:…
PUTTING IT ALL TOGETHER TO SEE IF ITLL FLY 9
FIELD TRIAL WELL FOR PROPPANT REFRAC 2008 vintage Shale Well 200 BPD IP Pre Re-frac: 3 BPD Lateral length: 2800 ft Casing issues limited treatments to 20% of lateral Casing Collapse 10
ACCESSING STRANDED HYRDOCARBON Original completion: 10 stages Treat old stages w/acid (2 stages) Treat new perf clusters with proppant laden fluid (4 stages) Casing Collapse 110 ft 110 ft 220 ft New Perf New Perf Old…
DRESSING THE TOOL FOR SUCCESS Conveyed via Stick Pipe on Pulling Unit 2-7/8 PH6 Work String 80 ft spacing between packers - Adjustable on the rig floor 12
GETTING IN TOUCH WITH UNTOUCHED ROCK Treating Pressure consistent with average treating pressure in initial frac ISIP similar to original frac Tool Activation Tool Reset 13
CONCLUSIVE EVIDENCE OF AN INDUSTRY FIRST PIN-POINT REFRAC Original Frac Comitt Re-Frac Fluid Volume: 35 bbls/ft 50 bbl/ft Proppant Volume: 500 lbs/ft 1000 lbs/ft Stage spacing: 220 ft 110 ft 6 treatments placed successfully Up…
IS THE INDUSTRY SITTING ON A PILE OF CASH ARE YOU SITTING ON A PILE OF CASH Pin-Point treatment 10x Production increase - 100% product placement control from 20% of wellbore Tens of thousands of Retrofit new designs Candidate…
EXCITE TECHNOLOGY SOLUTIONS TO INCREASE ECONOMIC LIFE-TIME OF YOUR WELL Contact Information: Brad Holms VP Production Enhancement bholmscomitt.net Eivind Moen Business Development Manager COMITT WELL SOLUTIONS LLC 1411…
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