Dissolvable Frac Plug
A dissolvable frac plug system uses degradable plugs rather than composite plugs to isolate zones during Hydraulic fracturing.
Hydraulic Fracturing & Dissolvable Frac Plugs
Hydraulic fracturing, also called fracking, fracing, hydrofracking, fraccing, frac’ing, and hydrofracturing is a key driver for the dissolvable frac plug market. Hydraulic fracturing is a well stimulation technique involving the fracturing of bedrock formations by a pressurized liquid to increase production of the well, it is ideal for dissolvable frac technology. Oil & gas fracking typically starts at the toe, or end of the horizontal leg, and works back to the vertical part of the well. Frac plugs are designed as check valves between zones in multistage stimulation treatments. The process is referred to as multi-stage hydraulic fracturing. Oil & Gas Operators are performing longer lateral lengths that require hydraulic fracturing and they keen to adopt dissolvable frac plugs which can maximize production, save fracturing costs and align with environmental goals.
Wellbore Profiles & Longer laterals Impact
Oil & Gas Operators In the US & Canada are using dissolvable frac plug systems for longer lateral wellbore profiles. Longer laterals are when an Operator completes more stages during fracing process, the goal Is to achieve greater reservoir coverage with every well, resulting in higher production per well. Yet, it has not come without challenges that can be addressed with dissolvable frac plug systems. These challenges include inefficient hole cleaning & reduced borehole stability. Unnecessary wellbore interventions cost money and increase the well completion time. Reducing the costs of coiled tubing intervention during the completion process and delaying the well from being put into production.
The benefit of the fully dissolvable frac plug on multi lateral oil & gas wells Include;
- reduce mill-out times
- mitigate stimulation operational issues due to debris
- no mechanical intervention
- eliminates the need for the tubing- or Coil Tubing-conveyed perforating gun to fracture-stimulate
About the Dissolvable Frac Plug Market
Dissolvable frac plugs are new to the market and currently hold a diminutive share of the frac plugs market. … The Dissolvable frac plugs market size is likely to experience excellent double-digit growth over the next five years (2019-2024) to reach US$ 1,178.8 million in 2024.
We bring new ideas to market through Product development, Research & Design, and strategic partnerships with the industries up-and-comers. New dissolvable frac plugs product management, is a series of steps that includes the conceptualization, design, development and marketing of newly created dissolvable frac plugs. Dissolvable frac plugs product development is creative, the discipline requires a systematic approach to guide the processes that are required to get a new product to market.