RADNOR, Pa.–(BUSINESS WIRE)–Preferred Sands, one of North America’s leading proppant technology companies, today introduced “Heat” as the latest product in its innovative line of polymeric proppant technologies. 30/50 Heat, which scored 22K psi in standard ISO crush resistance testing, replaces the need for costly ceramics by providing a superior combination of strength and embedment resistance specifically in wells above 7K psi closure stress. Utilizing Preferred’s flexible Polymeric Proppant Technology, Heat minimizes embedment and maintains fracture width particularly in high clay content formations like the Appalachia. Due to the Polymeric Proppant’s superior bonding capabilities, Heat also ensures near-wellbore fracture consolidation in high-temperature basins such as the Haynesville.
“As part of our Build a Better Well Campaign, we are dedicated to studying real well production reports across North America and offering optimized well designs and proppant technologies that lower costs and increase production,” said Michael O’Neill, founder and CEO of Preferred Sands. “This is exactly why we developed ‘Heat,’ our groundbreaking new polymeric proppant, which reduces embedment and provides a shorter estimated ultimate recovery and payback period in high intensity frac basins.”
Recent well data provided by NavPort confirmed that Preferred Polymeric Proppants are an optimal fit for the Marcellus and Utica regions. The well data, which sampled high clay content wells from the Appalachia region, found that wells that used a Preferred Polymeric Proppant tail-in outperformed competing wells using Raw Sand at comparable vertical depths by more than 100 percent.
Polymeric Proppant Tail-In vs. Raw Sand Only Wells: Well Production Report One
In a study sampling wells in the Marcellus Shale in Washington County, Pa., at an average true vertical depth of 7,513 feet, the available production data indicates that wells using a Preferred Polymeric Proppant tail-in produced more than Raw Sand Only wells by up to 103 percent or approximately $133,599 in average increased production per day.
Polymeric Proppant Tail-In vs. Raw Sand Only Wells: Well Production Report Two
In a study sampling wells in the Marcellus Shale in Washington County, Pa., at an average true vertical depth of 7,492 feet, the available production data indicates that wells using a Preferred Polymeric Proppant tail-in produced more than Raw Sand Only wells by up to 113 percent, or approximately $142,600 in average increased production per day.
These studies were based on real well data sampling deep horizontal wells in Pa. All real well production reports are conducted using actual, disclosed public well data captured by the NavPort database. To ensure the most accurate production comparison, all wells included in a production report are identified using a strict methodology comprised of 18 distinct selection criteria, including operator name, well trajectory, hydrocarbon type, and distance (all wells included in a horizontal real well production report must be within a 1.5 mile diameter of each other).
By continuously leveraging real well production data and studying the success of its existing Polymeric Proppants, Preferred Sands continues to develop state-of-the-art technologies that aim to maximize well production and lower costs for well site operators throughout North America.
For more information about Preferred Sands, please visit www.preferredsands.com.
About Preferred Sands
Preferred Sands, headquartered in Radnor, PA, is one of North America’s largest proppant technology companies serving the hydraulic fracturing industry. Launched in 2007, Preferred is dedicated to developing and growing innovative technology solutions, including Preferred Polymeric Proppants, its environmentally-sensitive line of polymeric coated proppants, and DustPRO, the first cost-effective dust prevention solution designed to help oilfield service, exploration and production companies meet and exceed current and future silica dust exposure limits. These pioneering product developments have earned Preferred recognition as a world leader in innovative and sustainable proppant technologies throughout the oil and gas, chemical, and technology industries. The company’s various awards include: the 2014 CPO Polyurethane Innovation Award for Improving Oil Productivity; 2014 R&D 100 Award for Improving Oil Productivity; 2013 Oil & Gas Awards Environmental Initiative of the Year; 2013 Oil & Gas Awards Industry Supplier of the Year; 2013 Oil & Gas Awards Excellence in Environmental Stewardship; and 2012 Ernst & Young Entrepreneur of the Year in Energy, Cleantech, and Natural Resources.