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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.
Global Maritime is a Houston, TX-based company in the Energy and Utilities sector.
Nippon Oil Exploration is a Houston, TX-based company in the Energy and Utilities sector.
NuVista is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in Western Canadian Sedimentary Basin. NuVista’s primary focus is on the scalable and repeatable condensate-rich Montney formation in the Wapiti area of the Alberta Deep Basin. This play has the potential to create significant shareholder value due to the high-value condensate volumes associated with the natural gas production and the large scope of this resource play. 2012 was a pivotal year for NuVista, repositioning the company from an acquire and develop business model to a business model focused on its Wapiti Montney play with strong economics, repeatability and scale. The focus of 2012 and 2013 was on delineation drilling and follow-up drilling to identify development drilling opportunities. The focus of 2014 is executing on a development program primarily in it Bilbo (South) Development Block and adding new infrastructure to increase processing capacity.