Technology: Improving Exploration and Production Success, with Environmental Benefits

Technology Helps Wells Produce

• Hydraulic Fracturing
• Pumping of Proppant Laden Fluid at High Pressures to Create a Fracture in Reservoir
• Purpose: Create High Permeability Path from Wellbore to Formation - Increasing Flow of Oil & Gas - Enabling Economic Production of Oil & Gas Reserves
• Approximately 40% of All Wells are Fracture Treated (Approximately 35,000 Wells Per Year)
• Frac Chemistry Continues to Evolve - Creating More Efficient Fluids
  • Requiring Less Volume
  • Leaving Less Residue in Formation
  • Helping Minimize Environmental Impact