February 5-7, The Woodlands TX

SPE Hydraulic Fracturing Technology Conference

FracGeo, Exhibiting at booth #110 at the Hydraulic Fracturing Technology Conference (HFTC) announces the launch of its highly popular software module DrillPredictor™, as a cloud and subscription-based web service to put completion optimization in the hands of any unconventional reservoir operator Press Release. The field validated DrillPredictor™ technology uses commonly available surface drilling data from any contractor to provide the information needed to adapt any frac treatment to the variable subsurface geologic and geomechanical conditions.
FracGeo’s proprietary Corrected Mechanical Specific Energy (CMSE) which accounts for frictional losses along the wellbore for any type of drilling equipment including RSS and mud motors. CMSE is used to compute unique products such as pore pressure, stresses, natural fractures, and geomechanical logs along the wellbore. These logs are then used immediately after drilling the well to provide multiple completion optimization strategies that are quantified with an estimated cluster efficiency, followed by the propped fracture geometry and the resulting depletion using FracGeo’s advanced and fast frac design and reservoir simulation technologies. These estimations have been validated with fiber optics, microseismic moment tensor inversions, and production logs.

January 8-11, Cambridge University, UK

MPM 2019 conference

FracGeo joins MPM world experts at the MPM 2019 conference to describe a new breakthrough technology to model fluids in propagating hydraulic fractures interacting with natural fractures.

December 11-13, Manama, Bahrain

AAPG/EAGE Shale Gas Evolution Symposium

FracGeo sponsored and participated in the AAPG/EAGE Shale Gas Evolution Symposium where the bright future of the unconventional reservoirs in the middle east is discussed.
FracGeo presentation the role of natural fractures and reservoir stresses in integrated engineering workflows, constrained frac design and fast marching reservoir simulation for optimal development of unconventional reservoirs – Applications to Permian Basin will share with the audience some of the advanced FracGeo technologies deployed in North and South America, China, and Middle East.

September 26-29, 2018

Congreso Mexicano del Petroleo (CMP) event

FracGeo is pleased to be attending the CMP event September 26-29th in Acapulco. Please stop by booth #645 to discuss geologic and natural fracture modeling, landing zone selection, engineered completions, geology driven and geomechanically constrained adaptive frac design, frac hit mitigation and well spacing optimization in unconventional and tight reservoirs and how our software and workflows can help maximize production and reduce costs in your fractured carbonate, tight sand and shale assets.

September 12-14, Chengdu, China

EAGE Workshop on Unconventionals – The Next 10 years

FracGeo sponsored and participated in the “EAGE Workshop on Unconventionals in China – The Next 10 years” where new technologies to improve the development of unconventional reservoirs in China are discussed.
The full program includes multiple presentations illustrating the huge progress made in the last years and the challenges of the next 10 years in the development of unconconventional reservoirs.

September 6-7, 2018

11th Material Point Method (MPM) workshop

FracGeo is presenting its latest applied industrial research at the 11th Material Point Method (MPM) workshop hosted this year by Oakridge National Laboratory. FracGeo's MPM presentation titled " stress and noise" will describe the new mathematical methods used in GMXPredictor™ to handle complex numerical issues that raise from the modeling of the propagation of hydraulic fractures in a layered and naturally fractured reservoir. The full program of the workshop includes mainly presentations from National Laboratories and universities, describing new MPM computational techniques as well as multiple new industrial applications.

July 23–25, 2018

URTeC 2018

Many thanks to our clients and visitors for attending FracGeo’s booth presentations to learn about the benefits of our integrated, multi-disciplinary approach to unconventional reservoir development including the newest innovations (such as fully 3D frac modeling and Fast Marching Method reservoir simulation) and workflow advancements of our Fit For Purpose FracPredictorTM software platform. Our conference paper, URTeC 2902985, was focused on modeling the vertical growth of hydraulic fractures accounting for stress anisotropy due to layer interface and natural fracture properties titled “3D Anisotropic Damage Mechanics for Modeling Interaction Between Hydraulic and Natural Fracture Planes in Layered Rock – Application to Eagle Ford and Wolfcamp”.

July 23, 2018

Trinidad Drilling Buys FracGeo’s GMXSteering™ Technology

FracGeo is pleased to announce the sale of its GMXSteering™ technology to Trinidad Drilling. The combination of RigMinder’s Criterion and GMXSteering technologies provides to our customers the future of drilling and fracing today. The full announcement can be seen in the link below:
"http://www.fracgeo.com/assets/docs/PR_TDG_FracGeo.pdf"
A case study on the use of GMXSteering™ on a Barnett example will be presented at URTeC FracGeo’s booth #2600 at 11:00 AM.
The white paper on this case study can be downloaded from the link below
"http://www.fracgeo.com/assets/docs/Publications/2018/GMXSteering_Barnett_CaseStudy.pdf"

July 22, 2018

Pre-Urtec Training

FracGeo would like to thank the representatives from the 19 companies that participated in our training class on the Sunday, prior to URTEC, and provided feedback on FracPredictor™ and its geology and geomechanical simulation driven 3D frac design and reservoir simulation workflow. The fit for purpose workflow is able to use surface drilling data only (as well as logs and seismic if available) to capture subsurface variability which is incorporated into its fast completion, production forecasting, infill drilling and well space optimization workflow. Comments from the attendees regarding what they liked about FracPredictor include statements like: -Integrates a lot of relevant data in a logical workflow, calculates a lot of useful/necessary outputs -One platform for data integration -The way the software treats natural fractures -Really liked the Geological to Geomechanical integration -Good integration of static and dynamic data, fast, relatively easy to use -The ability to integrate geology, geophysics and engineering aspects -Really nice people to answer questions, really good at receiving feedback and trying to improve their software everytime.

June 11, 2018

FracGeo is proud to be recognized and honored by CIO Review, the leading Enterprise Technology magazine, as “Company of the Year” amongst the "20 Most Promising Oil & Gas Technology Solution Providers 2018", an annual listing of the best vendors who provide technologies, pivotal to the upstream, midstream and downstream sectors. The article on FracGeo: “Translating Geologic Heterogeneity into Better Engineered Unconventional Wells” provides an in-depth perspective, highlighting FracGeo’s vision, unique workflows and pioneering advanced technologies that address the urgent and time sensitive needs and challenges of our E&P clients.

June 4-5, 2018

FracGeo participated in the 2018 CMG Technical Symposium with a presentation titled “Using Surface Drilling Data for a Geologically and Geomechanically Constrained 3D Planar Frac Simulator and Reservoir Simulation – Application to Engineered Completions and Prevention of Well Interference”

May 7-11, 2018

FracGeo participated in the 2018 Geoconvention in Calgary with a presentation in the session Fracture/Stress determination from seismic.

The presentation and abstract title is “The added value of geophysics in estimating natural fractures and reservoir stresses in 3G integrated workflows”

April 26, 2018

FracGeo sponsored and participated in the AAPG Playmaker Forum: Haynesville and Re-emerging Resource Plays of the Gulf Coast where FracPredictor geomechanical technologies from drilling to well interference were described for an Eagle Ford well.
Mitigating frac hits and controlling well interference is a multi-disciplinary problem. It requires a robust geomechanical understanding of the reservoir. This geomechanical understanding, driven by G&G as well as drilling and engineering data, constrains the achievable frac geometrics and conductivities. These constrained hydraulic fracture parameters feed all the available geologic and geomechanical constraint into reservoir simulations, which will provide accurate representations of depletions in unconventional producers. This depletion magnitude and geometry is critical to understanding the impact of well spacing and child well frac design decisions. It is only through understanding this end goal, and properly transferring geomechanical knowledge across disciplines, that rigorous and practical workflows can be deployed to address some of the most consequential issues with regards to infill drilling and completion.

April 22-26, 2018

FracGeo participated at the SPE Western Regional Meeting where paper SPE 190070 “ Engineered Completion and Well Spacing Optimization Using a Geologically and Geomechanically Constrained 3D Planar Frac Simulator and Fast Marching Method: Application to Eagle Ford“ was presented.

April 18, 2018

FracGeo sponsors and participates in the SPE Gulf Coast Section Geomechanics Congress -Recent Advancement in Petroleum Geomechanics. A presentation on the use of Anisotropic Damage Mechanics to better understand the issues of layering and anisotropy of unconventional rocks was shared with the audience. The presentation in Power Point Show format.ppsm is available for those who could not attend the workshop.

April 3-5, 2018

FracGeo sponsors and participates in the first ARMA-DGS workshop focused on The Role of Geomechanics in Stimulation. During this workshop, FracGeo staff contributed by presenting the use of Anisotropic Damage Mechanics (Adam) to hydraulic fracturing problems.

March 13-14, 2018

FracGeo participated and shared its latest new technologies at the SPE Canada Unconventional Resources Conference with 3 publications addressing current challenges facing the oil industry:

• SPE 189813 describes a joint case study with Painted Pony and Packers Plus where time dependent stress effects are modeled with multiple geomechanical tools including new technologies using viscoelastic effects.


• SPE 189810 describes a new 3D planar frac simulator that is constrained by multiple data including logs derived from surface drilling data.


• SPE 189801 describes the effects of depletion on well interference.

March 6-8, 2018

FracGeo participated with its partner Saudi Geophysical at the 13th Middle East Geosciences Conference and Exhibition. Presentations of FracGeo technologies were given at the booth where many conference attendees learned about the state of the art in developing unconventional and fractured reservoirs.

March 4-5, 2018

FracGeo participated and shared its experience in developing new geophysical tools and workflows for the unconventional with a presentation at the SEG Workshop titled “New Advances in Quantitative Seismic Reservoir Characterization”. The title of the presentation given in Session 7 - Unconventional Plays (Shale and Tight Sands) was: “ What an engineer learned from applying geophysics to unconventional reservoirs”

February 19-20, 2018

FracGeo participated and shared its experience in Data Analytics with a presentation at the SPE Workshop titled “Improve Business Impact and Value with Advanced Data-Driven Analytics”. The title of the presentation given in Session 4 - Unconventional Resources was: “ Three Decades of Reservoir Modeling using Artificial Intelligence: Lessons Learned and Future Trends for Unconventionals”

January 22-25, 2018

FracGeo would like to thank the representatives from the 21 organizations that participated in the half day training and provided feedback on FracPredictor™ and its the new generation 3D frac design and analysis workflow able to use surface drilling data to capture subsurface variability.

Comments from the attendees regarding what they liked about FracPredictor include statements like:
“Integration through all disciplines involved in frac design, ease of use “
“Fast, integrated and intuitive. Solid geomechanics modeling”
“Ease of use, ability to link a lot of data in one place”
“Full integration of multiple data, one platform”
“Simplicity and easy to use”

January 23rd, 2018

FracGeo launches StimPredictor™ for 3D Frac Modeling and GMXFrac™ for Real-Time Adaptive Fracing.
Press Release

October 18th, 2017

FracGeo would like to thank the Midland engineers and geoscientists who participated in the one day, one software 3G workflow training. Special thanks to SPE Permian Section and the staff of the Petroleum Professional Development Center of Midland College for their hospitality and their great training facility.

October 5th, 2017

FracGeo would like to thank the engineers and geoscientists who participated in and decided to start evaluating the use of FracPredictor™ as a holistic solution to their unconventional assets.

Thanks to your feedback and requests, we will continue adding new disruptive technologies and incorporate the needs of our clients in FracPredictor to make their daily tasks easy and fast while honoring all the data through the use of basic principles and field validated science.

Upcoming course will be October 18th in Midland. Please register now to reserve your seat.

September 7-8, 2017

FracGeo is presenting its latest applied industrial research at the 10th Material Point Method (MPM) workshop hosted this year by Lawrence Livermore National Laboratory. FracGeo’s geomechanics specialist, Arman Khodabakhshjnejad, presentation titled “ Poro elasticity Modeling Using a Permeability Fracture Dependent Model in Material Point Method” will describe the new methods used in FracPredictor™ to account for poroelasticity in the geomechanical modeling of hydraulic fracturing using stress induced variable permeability of the natural fractures to better account for their contribution in frac hits.
The full program of the workshop, which includes mainly presentations from National Laboratories and universities, describes new MPM computational techniques as well as multiple new industrial applications.
The new advanced MPM technologies developed at FracGeo are applied to hydraulic fracturing. Field applications of these advanced geomechanical technologies to Eagle Ford and Wolfcamp wells will be described in SPE 187535 that will be presented at the 2017 SPE Eastern Regional Meeting to be held at Lexington, KY, October 4-6.

August 18, 2017

FracGeo would like to thank the representatives from the 16 companies (from super major to small independents) who participated in and provided feedback on the new holistic approach to address unconventional reservoirs using FracPredictor™.

Comments from the attendees regarding FracPredictor include statements like:
"This is the most effective tool that I have ever seen to analyze and integrate data into one space"
"It has a very user-friendly interface that encompasses almost everything needed to perform a comprehensive evaluation and analysis of unconventional as well as conventional oil and gas assets."

We will continue listening to industry feedback and incorporate the needs of our clients in FracPredictor to make their daily tasks easy and fast while honoring all the data through the use of basic principles and field validated science.

Upcoming courses will be October 5th in Houston and October 18th in Midland. Please register now to reserve your seat.

July 24-26, 2017 – URTeC

Another great and very successful URTeC show. Many thanks to all our clients and visitors feedback who attended our presentations, FracPredictor™ software demos, or simply enjoyed our free coffee with our unique “brittle sweet spot” brownies.

To keep up with FracGeo fast paced innovation and disruptive technologies changing the Shale 2.0 landscape, you can read our numerous publications where more real case studies are discussed, attend our training courses, or contact us to discuss your specific challenges.

July 23, 2017

FracGeo completed it’s pre-URTeC public software training class and we would like to thank the representatives from the 14 companies (from super major to small independents) who participated and who provided insightful feedback. We are so excited to see these geophysicists, geologists, geomechanics specialists, completion and reservoir engineers able to individually run through FracPredictor’s holistic approach to seismic driven geologic modeling and geomechanical simulation to constrain frac modeling, production forecasting and economics in one day. Testifying to the practicality and achievement of our vision, comments from attendees included statements like: “very easy to use, efficient, logical, holistic and complete approach with seamless transitions between disciplines to optimize unconventional and tight reservoir development’. Having completion engineers perform seismic inversion and calculate fracture density proxies while geoscientists used the geologic constraints to perform frac modeling and production forecasting was truly a step change in integration and we look forward to working with all those companies interested in realizing the impact FracPredictor can have on their efficiency and profitability.

June 12, 2017

EAGE Anstey Award 2017 for Best First Break Paper

During its opening ceremony in Paris, France, The European Association of Geoscientists and Engineers (EAGE) presented the Anstey Award 2017 for the paper “Efficient development of unconventional reservoirs using 3G workflows – Breaking the silos to achieve true integration with multi-disciplinary software,’ published in First Break, volume 34, issue 5, May 2016, pp 109-116, to Ahmed Ouenes and his co-authors Yacine Kiche, Lyes Ouhib, Radouan Smaoui, Mohit Paryani, Srichand Poludasu, Aissa Bachir and David Balogh.

Ahmed Ouenes, Aissa Bachir and Yacine Kiche attended the Award ceremony and will be at booth #1137 during EAGE conference to show demos of FracPredictor, the first and only 3G integrated software.

June 8, 2017

FracGeo's partner LMKR released today FracGeo’s GVERSE Inversion PlugIn. The PlugIn uses one of FracGeo's seismic inversion technologies, from the FracPredictor geo-engineering software platform, which is now available to GVERSE and Geographix users who will enjoy its user friendly features and fast workflow. The resulting high resolution impedance is critical to geosteering, reservoir mapping, 3D petrophysical modeling, and multiple other applications that fully take advantage of the rock properties available from post stack seismic data.

April 24-27, 2017

FracGeo presented two SPE papers at the SPE-KSA Annual Technical Symposium and Exhibition held in Dhahran Expo. The first paper SPE 188087 titled “ Completion Optimization While Drilling - Geomechanical Steering Towards Fracable Rock for Optimal Selection of Stage Spacing and Cluster Density in Unconventional Wells” describes the science behind FracGeo’s new drilling technologies commercially available in DrillPredictor™ and GMXSteering™. The second paper SPE 188111 titled “Cracking the code of Unconventional Reservoir Simulation” demonstrates the dramatic difference in well performance and ease of use between FracGeo constrained reservoir models and the common industry unconstrained workflows linking frac design to reservoir simulation. The issue of how to represent frac complexity in reservoir simulation is also described in detail on a Permian Wolfcamp well.

March 16, 2017

FracGeo to present on Thursday March 16th at the San Joaquin Valley SPE section in Bakersfiled, CA on innovations in integrated unconventional reservoir modeling for landing zone, completion and well space optimization to improve EUR and mitigate risk of production degradation. Focus of talk will be given to the value of surface drilling data (corrected for friction losses through the drill string) to provide at each well the critical information for completion design including Geomechanical logs, fracture index and pore pressure which are calculated in real time.

February 20, 2017

FracGeo and CMG will present at the SPE Reservoir Simulation Conference paper SPE 182729 titled “Integration of Improved Asymmetric Frac Design Using Strain Derived from Geomechanical Modeling in Reservoir Simulation”. In this paper, a unique robust workflow that takes constrained asymmetric frac design into a conventional structured reservoir simulator is used to match very easily the well performance, including the early pressure observed in unconventional wells.

February 16, 2017

FracGeo will present at the SPE Canada Unconventional Resources Conference, paper SPE 185044 titled “Adaptive Fracturing to avoid Frac Hits and Interference: A Wolfcamp Shale Case Study”. In this paper a unique workflow to avoid Frac Hits is described by using a detailed case study from the Wolfcamp.

January 24-26, 2017

FracGeo sponsors SPE Hydraulic Fracturing Conference and hosts at its offices in The Woodlands an open house and lunch on January 26 , starting at 11:30

During the open house, demos of the new DrillPredictor™ module for Completion Optimization While Drilling (COWD™) and the cloud based GMXsteering™ technology that allow the use of real time surface drilling data will be shown on real data from the Permian basin and Golf of Mexico. Press Release of January 24, 2017

December 8, 2016

FracGeo Eagle Ford case study of geomechanically constrained asymmetric hydraulic fractures used in CMG Webinar Demo to illustrate the ease of import of hydraulic fractures derived in FracPredictor into CMG reservoir simulation as well as the dramatic reduction in uncertainty on production forecast when using FracPredictor asymmetric no uniform description of the hydraulic fractures properties. More information on this case study will be available in the joint FracGeo-CMG joint paper SPE 182729 prepared for the 2017 SPE Reservoir Simulation Conference, 20-22 February, 2017.

November 18, 2016

FracGeo staff really enjoyed training the 80 attendees from the Pay-it-Forward networking group of professionals in transition who were introduced to our FracPredictor software workflow focusing on custom frac designs. Well performance is improved by incorporating the spatially varying geologic properties in the physics of frac design and the development of SRV.

October 24, 2016

We had a great time hosting the Pay-It-Forward networking tour group at FracGeo office in The Woodlands . The attendees saw how to use our FracPredictor software to quickly perform a geomechanical simulation driven adaptive frac design (accounting for natural fractures) to improve completion and well performance. We gained many insights from the experienced engineers into application of our technology and were encouraged by their excitement. The networking group's mission is to bring professionals in transition and sponsoring companies together and experience a good synergy. We will be hosting a similar demonstration to a larger audience next month 18 so be sure to follow us on LinkedIn for more info.

August 1-3, 2016

URTeC San Antonio.
FracGeo launch FracPredictor. Press Release
Software demos and case studies at booth #125
FracGeo and Terves awarded DOE contract to study expandable proppants. Press Release

April 27-28, 2016

FracGeo participates at Refrac Wells 2016, Houston

March 7, 2016

FracGeo geomechanical models in Times Square (Nasdaq). Ecostim invited FracGeo to participate in their Nasdaq closing bell.

February 9-11, 2016

FracGeo sponsors Hydraulic Fracturing Conference.