Press Release: July 20, 2015

 

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Quantico Energy Solutions and Enventure Global Technology Announce a Strategic Collaboration Focused on the Refrac Market

HOUSTON, July 20, 2015 – Quantico Energy Solutions, a company providing data-driven solutions for shale drilling and completions programs, Enventure Global Technology, a leader in the solid expandable solutions for the oil and gas industry, today announced a strategic collaboration to leverage their respective technology offerings for the refrac market. Quantico’s QLog service, which generates synthetic sonic and density logs from drilling data, is a unique solution for generating formation properties in production wells that previously could not be logged. Enventure offers expandable solutions which have proven to be effective at mechanically providing zonal isolation and internal pressure integrity in selected intervals and entire portions of horizontal wells. This results in uniform injection during refracturing and provides a more predictably placed frac. Together, the collaboration can provide identification and isolation of zones of interest enhancing total recoverable reserves.

“Now that accurate rock mechanics information can be obtained for production wells, operators can high grade intervals for refracturing,” said Barry Zhang, Co-Founder and CEO of Quantico. “We see a powerful partnership working with Enventure to effectively identify and isolate the most critical intervals in a refrac well.”

“This collaboration will offer oil and gas companies an ability to leverage mechanical diversion to their refrac campaigns in an effective, economic solution,” said Alastair McClean, President and CEO of Enventure.

 

About Quantico Energy Solutions
Founded in 2012, Quantico Energy Solutions is a data analytics company based in Houston, Texas. The company’s focus is on providing the oil and gas industry with data-driven solutions that address major challenges in the development of shale resources worldwide. Today, Quantico works with over twenty major oil and gas companies in several shale basins across North America. For more information, please visit http://www.quanticoenergy.com

About Enventure Global Technology
Houston-based Enventure Global Technology, Inc. is the world’s leading provider of solid expandable solutions for the energy industry. Enventure developed the technology to expand pipe in 1998, when it introduced SET® technology to solve drilling, completion and well intervention challenges that threatened a well’s potential value and the oil and gas operator’s return on investment. Since then, Enventure has proven its technology the world over in virtually every basin and formation type in which the oil and gas exploration and production industry operates. Enventure has sales offices and operations worldwide. For more information, please visit http://www.EnventureGT.com

 

For further information, please contact:

Chuck Matula
Quantico Energy Solutions
+1 (713) 234-0105
info@quanticoenergy.com

John Callais
Enventure Global Technology
+1 (281) 552 – 2200
info@enventuregt.com