OilPlusTM Proppants
OilPlus proppants are an advanced, curable resin coated fracturing sand available in 16/30, 20/40, 30/50, and 40/70 mesh sizes. OilPlus proppants are specifically designed for fracturing treatments in oil and liquid-rich reservoirs. Our unique resin coating system increases the relative permeability to oil in the proppant pack, resulting in higher oil production compared to conventional proppants. In addition to improving oil production, OilPlus proppants deliver all of the benefits expected of a stress-bondable, resin coated proppant.
Hexion’s OilPlus proppants continue to outperform traditional proppants in many major basins throughout North America. These advanced proppants are field proven in over 1,000 wells with one billion pounds pumped so far. OilPlus proppant users can experience better wells, this includes improved initial production (IP), higher cumulative production, reduced cost per BOE, and higher return on investment (ROI).
Recent production data studies have proven that OilPlus proppants outperform traditional resin coated proppants. A 24% increase in production was shown in the Permian Basin. A 24% production increase was also shown in the Bakken formation. A 28% increase in production was shown in the Eagle Ford formation. Each case study focused on a single operator using similar frac designs and a comparable number of wells were used over long periods of time under similar downhole conditions.
Upfront investment of approximately $30,000 for an 11% tail-in of OilPlus proppants was proven to be returned in less than 30 days in the Permian Basin. Based on $53 oil, wells that used an 11% tail-in of OilPlus proppants generated on average $1,131,508 more revenue than offset wells over a 12-month period.
Contact Hexion to learn more about OilPlus proppant results in the field.
