Cold Bore Technology Launches Test of Fracture-Optimization Software
Cold Bore Technology announced that it will initiate beta testing of its latest software product, Frac Action, with select operators.Developed in-house, the Frac Action graphing software allows fracturing operators to overlay high-resolution, real-time fracture-stage data onto that of multiple previous stages. The ability to compare stages in real time enables operators to visualize optimal performance and make critical decisions in real time.
Unlike other data-aggregation technologies in the market, Frac Action is powered by high-resolution, structured well data collected at the source in real time and correlated directly into an intelligent dashboard through Cold Bore’s SmartPAD operating system. SmartPAD uses a combination of valve-positioning and pressure-monitoring sensors, field data collection systems, and proprietary software to fully digitize completion operations.
“Frac is the most expensive but also the most effective way to increase wellbore production, and, because of that, producers need better tools to optimize their fracking operations,” said Brett Chell, president of Cold Bore. “Our new Frac Action software has been specifically developed to give producers another level of transparency. It provides real-time insight that can help them make better, more-informed decisions, making operations safer, more efficient, and more profitable.”
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03 August 2020
03 August 2020
01 August 2020