If you ever want to nerd-out, visit Core Lab’s Houston facility. After a tour, you’ll understand why “lab” is part of their name.
This is the highest-IQ company in oilfield service. They are also closer to operators’ rock than any other service firm. Core Lab is not a pressure pumping company, but they do rock mechanics to determine how reservoirs are going to stimulate. They also examine fluids, sending down repeat formation testers to sample fluids along the reservoir. Working closely with operators to optimize reservoir potential, Core Lab’s scientific processes generate unparalleled data on reservoir behavior, production characteristics, and recovery techniques.
Oh, and they also have a proppant “consortium” – Stim-Lab – with three decades of history investigating fracture conductivity.
In this update, we break down what the consortium is working on, provide some deep thoughts on micro proppant, and highlight how Core Lab sees frac sand shaping the oilfield of tomorrow.
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