2, 2015 /PRNewswire/ -- Well stimulation
is generally carried out to increase the productivity of the wells by enhancing the flow of hydrocarbons over and above the projected rate of flow in both green and brown wells.
World demand for well stimulation
materials is projected to increase more than 12 percent per year to over 65 million metric tons in 2017, valued at $23 billion.
Through the forecast period, shale gas producers will continue to embrace innovations such as multiple-well drilling pad systems and advanced hydraulic fracturing materials in order to improve drilling efficiencies and increase per-well output, all of which will benefit well stimulation
Centura Oil Provides Green Solution for Well Stimulation
, Eliminates Near Well Bore Damage
This willprovide opportunities for manufacturersof well stimulation
materials across theboard as oil and gas operators continue torequire large amounts of proppants, aswell as chemicals like biocides, guargum, and surfactants.
US demand for well stimulation
materials is projected to increase more than 10 percent annually to nearly $12 billion in 2016.
Modern techniques of well stimulation
are more effective in cased holes versus open holes.
US Well Stimulation
Materials Market, Freedonia http://www.
The testing, conducted in partnership with the state run oil company, Petroleos de Venezuela (PDVSA), included the following GET oil & gas well stimulation
The testing of the wells will include reperforating, well stimulation
and artificial lift installation to evaluate zones that were productive prior to the Field being shut-in during 1997.
The production from the first well in a plan of well stimulation
has nearly doubled.
We believe these properties have significant upside potential that can be realized by well stimulation
, infill drilling, water-flood enhancement and additional exploitation of the Clearfork, a deeper formation.