Jennifer Pallanich, senior technology editor, Hart Energy: Standardizing decision making is one of the big goals of hydraulic fracturing operations. I’m here with Thomas Johnston of ShearFRAC to talk about one of the latest partnerships in that effort. Tell me about this partnership you guys have struck with Drill2Frac and Corva.
Thomas Johnston, ShearFRAC COO: Yeah, so for the last five years we’ve been committed to the real-time decision making during completions operations and with this partnership we get Drill2Frac to give us at-bit data and then we can leverage the big data that is in Corva’s data lake to really, like you said, standardize that decision making during the operation.
JP: And why is that important?
TJ: It’s very important. Humans make a lot of great decisions, but they also equally make very different decisions. And with what we can do is look back on production data and look back on completions data and from that determine the best decisions that humans made and then standardize that across everything, using our platform.
JP: Okay. So what is it that your first goal is?
TJ: Our first goal is to use that data from offset wells, bring it into our software to allow us to make decisions from wells around it. And then from there what we’ll be able to do is start having our computer software rather than recommending decisions to humans in the field to make changes. It’s actually recommending those decisions directly to the frac pumps themselves.
JP: That sounds fascinating. Thank you so much for talking to me about automation. I look forward to an automated future, and that’s this week’s Tech Trends.
Recommended Reading
Report: Crescent Midstream Exploring $1.3B Sale
2024-04-23 - Sources say another company is considering $1.3B acquisition for Crescent Midstream’s facilities and pipelines focused on Louisiana and the Gulf of Mexico.
‘Oversupplied’ NatGas Market Aiding Williams’ Storage Business
2024-05-08 - Midstream company Williams saw overall demand growth as heavy gas volumes passed through its network.
Energy Transfer Eyes Draft Environmental Statement for Blue Marlin Project This Quarter
2024-05-09 - Energy Transfer is among several firms vying to build deepwater ports along the Texas Gulf Coast.
Energy Transfer Remains Hungry for M&A, Sees 1Q Oil Volumes Surge
2024-05-09 - Energy Transfer reported record first-quarter crude volumes and expects demand for petrochemicals to continue rising.
Enbridge Plans to Increase Permian Oil Pipeline’s Capacity
2024-05-10 - Midstream company Enbridge announced an open season on the Gray Oak Pipeline for a proposed 120,000 bbl/d expansion and updated its M&A efforts.