Houston, Texas – July 21, 2015 – Single Family Office Petro Lucrum, Inc. is pleased to announce participation in the Refracture Optimization Showcase 2015 on July 29-30, 2015.
Join Petro Lucrum & these executives:
- Phil Winner, Principle Domestic Energy Resources
- Austin Blake, Completions Engineer, CONSOL Energy
- Tim Leshchyshyn, President Fracknowledge
- Samuel French, Senior Reservoir Engineer, BP
- Neil Stegent, Tech Manager Halliburton
- Mukul Sharma, Professor and W. A. “Tex” Moncrief, Jr. Centennial Chair in Petroleum, Geosystems and Chemical Engineering, University Of Texas At Austin
- Other COOs, VP’s, Directors, Managers, Team Leads & Chiefs
About Refracture Optimization Showcase 2015:
Bringing together under one roof, for the very first time, data from latest case history results, technological advances in refracturing tools, cutting edge R&D projects along with subject matter experts, to equip operators will all the available information to answer the industry’s number one question:
“Is there sufficient evidence to validate the ability of refracturing to significantly improve the economic margins of existing shale wells when operators can no longer afford to drill new ones?”
There has been very little evidence to date about the successes and failures of refracturing and the parameters associated with those successes or failures, making it next to impossible for operators to evaluate the feasibility of using refracturing as a means to increase production whilst keeping costs low.
This will be the first event to showcase under one roof, a combination of the latest case study results, forward thinking research and latest refracturing technological advancements to enable operators to understand:
a) What makes a well a goodcandidate for refracturing
b) If any operational best practicesfor refracturing have been established to date – is there an optimal way to technically execute an effective refracture?
c) What kind of production resultshave been seen from available pilot programs and research & development programs to verify the operational success and economic viability
d) If there are any technological advancements that have managed to increase the success rate of refracture operations
About Petro Lucrum, Inc.
Petro Lucrum is a generational Upstream Oil & Gas Single Family Office focused on E & P and Oilfield Services onshore USA. We are integrated through direct sector investments, mergers and acquisitions. We are headquartered in the energy capital of the World, Houston, Texas.