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Statoil is an international energy company with operations in more than 30 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world`s energy needs in a responsible manner, applying technology and creating innovative business solutions. Statoil is headquartered in Norway with 23,000 employees worldwide, and is listed on the New York and Oslo stock exchanges.
FracGeo provides decision makers, asset managers, engineers and geoscientists with Shale Management™ solutions for sweetspot and landing zone selection, adaptive asymmetric frac design, and completion and well spacing optimization in unconventional and tight reservoirs to improve asset ROR and well performance. The 3D seismically driven geological and geomechanical fracture modeling software and services focus on the estimation, throughout the reservoir volume, of stress gradients and subsurface properties affecting hydraulic fracturing and SRV development. These include rock geomechanical properties, pore pressure and natural fractures, and additionally their complex interaction with regional stress before and during hydraulic fracture stimulation. FracGeo`s fracture geomechanical simulator uses new and fast computational tools integrating geoscience and engineering in a way that has not been done before, allowing the completion engineer to quantitatively adapt the hydraulic fracture treatment based on these varying reservoir properties to achieve the optimal stimulation which accounts for variable stress gradients in the subsurface.
Meritage Energy Partners is a Denver, CO-based company in the Energy and Utilities sector.
Jeems Bayou Production Co is a Oil City, LA-based company in the Energy and Utilities sector.