Page 11 - NorthAmOil Week 02 2022

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the Eagle Ford as a top producing oil basin.” on the well pad with roughly 50% less software portfolio will add completion
The ASTH system includes about 515 miles physical footprint on location and operations information and diagnostics to our
of pipeline with a total throughput capacity of below 85db sound levels. The contract will current handling of production data. It
380,000 bpd. The system is a key link between also employ innovative high pressure hose will be particularly useful in the context of
the Eagle Ford Basin producers and Corpus technology that further minimizes the safety unconventional plays,” said Olivier Houzé,
Christi, the leading crude export market in risks on pad and drives higher pumping Kappa’s managing director. “Reveal’s elastic
the United States. efficiencies. With over six years of successful models to characterise fractures will also
Pending regulatory approval, the sale is electric frac operating experience and two complement Kappa’s diffusion models
expected to close in the first quarter of 2022. years of electric Simul-frac successes within for the interpretation of pressure and
HARVEST MIDSTREAM, January 11, 2022 Evolution, the teams are well-positioned to production data. This will result in more
partner on continuous innovation within the efficient workflows by integrating completion
completions industry. diagnostic, reservoir and production data on
SERVICES “We could not be more excited that a single platform, a decades-long challenge
Evolution was chosen after an extensive, for the industry. This development axis
Evolution Well Services multi-year selection process. We look forward complements and will ultimately converge
with our global move towards automation.”
to providing high-efficiency, lower carbon,
partners with a Permian and safe Simul-frac operations for our new KAPPA ENGINEERING, January 07, 2022
partners in the Permian Basin,” said Steven
leader on lower carbon Anderson, president and chief executive MOVES
officer of Evolution Well Services.
electric simul-frac EVOLUTION WELL SERVICES, January 11, 2022 ICE Midland WTI American

operations KAPPA acquires Reveal

Evolution Well Services announces a long- Energy Services Gulf Coast futures contract
term electric hydraulic fracturing contract to be live for trading on
with a Permian Basin operator to begin in Q4 Kappa Engineering, a reservoir and
2022. The contract will employ Evolution’s production engineering software company, January 24
patented electric fracturing technology announces today the acquisition of Reveal
coupled with an innovative Simul-frac Energy Services, a leader in integrated Intercontinental Exchange, a leading global
completions technique. diagnostics and completion evaluation. provider of data, technology, and market
The electric fracturing technology will be “We appreciate the Kappa team’s infrastructure, Magellan Midstream Partners
fuelled by 100% natural gas via aero-derivative confidence in our company, and we’re excited and Enterprise Products Partners today
turbines rather than conventional fleets that about joining them to further the industry’s announced that the ICE Midland WTI
rely on diesel engines. By switching to a lower completion and reservoir engineering domain American Gulf Coast (Midland WTI AGC)
carbon fuel, the Evolution Well Services team knowledge. By developing more powerful futures contract is expected to be live for
will help reduce the GHG emissions required data analysis solutions with our combined trading beginning January 24.
to complete wells in the Permian Basin. The expertise, operators can achieve even greater The contract (ICE: HOU) will be
contract highlights the operator’s focus on asset value,” said Sudhendu Kashikar, CEO deliverable at both the Magellan East
leveraging industry-leading technology to of Reveal Energy Services. “We’re grateful for Houston (MEH) terminal and Enterprise
lower the emissions of its operations. the industry’s acceptance of our services and Crude Houston (ECHO) terminal, which
In addition to reducing the carbon software during the past six years.” are collectively supplied by over four million
footprint, the electric fleet is designed to “With the help of Reveal’s team, the barrels per day of Midland-quality WTI crude
provide a safer operation for the employees integration of ORCHID® in the Kappa pipeline capacity. The first contract month to

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