A New Trend in Fracking Emerges: The “Recovery Factor”

“Lower costs. Higher oil and gas recoveries.”

That's how Dan Themig, President of Packers Plus – a privately owned, Calgary-based fracking (completions) company – describes an interesting new development in fracking...

...A development that spells bigger profits for energy producers...

You see, Themig's new QuickFRAC® product is one great example of a new trend in fracking – one that gets away from the traditional horsepower model and into one a “Recovery Factor” (RF) model. (The RF approach looks to increase the amount of oil and gas recovered from a well. It's estimated that most wells recover just 5% -20% of the Original Oil in Place – also known as OOIP.)

Here's what Themig has to say...

“We don’t believe the sledgehammer approach to fracturing is the way of the future.”

“Fracking,” or hydraulic fracturing, involves pumping a mix of sand (proppant) and fluid (water) down a well and into the reservoir at ultra-high pressure to create fractures in tightly packed sand formations, or shale rock formations, to free up the oil and gas to flow up the well.
Full article at: http://oilprice.com/Energy/Energy-General/A-New-Trend-in-Fracking-Emerges-The-Recovery-Factor.html