HOUSTON, June 16, 2015 /PRNewswire/ -- CARBO Ceramics
Inc. (NYSE: CRR) announced the successful application of two of its
innovative proppant technologies, KRYPTOSPHERE® HD and SCALEGUARD®,
for a major E&P operator in the Gulf
of Mexico's Lower Tertiary trend, marking the largest and
deepest job for these proprietary technologies to date.
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KRYPTOSPHERE HD, an ultra-high conductivity proppant technology
for deep wells, is engineered to withstand high closure stresses
and extreme cyclic loading conditions, for the life of the well.
This technology provides higher production and estimated ultimate
recovery (EUR), maximizing the operator's return on investment.
SCALEGUARD is the first production enhancement technology in
which scale inhibiting chemicals are infused into a ceramic
proppant. This technology provides a controlled release of
the scale inhibitor, resulting in long term protection against the
formation of common oilfield scales. SCALEGUARD is designed
to safeguard the entire production network – from the fracture
through the wellbore to the subsea/surface processing equipment –
without compromising fracture conductivity, thereby protecting the
operator's entire asset. In this well, KRYPTOSPHERE HD was
the base proppant for SCALEGUARD.
To address the operator's production challenges for its Gulf of
Mexico Lower Tertiary development, CARBO engineered a tailored solution
incorporating these two innovative technologies. Combining
KRYPTOSPHERE HD and SCALEGUARD enables the operator to maximize
both conductivity and the treatment of scale.
"The KRYPTOSPHERE HD and SCALEGUARD solution applied in the
Lower Tertiary Gulf of Mexico is well-suited for the production
enhancement and flow assurance demands in this challenging deep
well environment," said Don Conkle,
vice president of marketing and sales. "CARBO is excited by the opportunities for
these technologies around the globe and is committed to remaining
at the forefront of production enhancement innovation."
"The Company's long-term commitment to enhance production in
wells is being recognized by E&P operators," said Gary Kolstad, president and CEO. "Our
ongoing investments to develop and deploy breakthrough technology
will continue to improve reservoir recovery and lower costs."
About CARBO
CARBO focuses on integrating
technologies to produce engineered solutions in its Design,
Build, and Optimize the Frac® technology businesses,
delivering important value to E&P operators by increasing well
production and EUR.
For more information, please visit www.carboceramics.com.
Investor Contact:
Mark
Thomas, Director, Investor Relations
(281) 921-6400
Media Contact:
Jamie Efurd, Marketing
Communications Manager
(281) 921-6400
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SOURCE CARBO Ceramics Inc.