mshoemaker@scicatoil.com | 713-515-1155 | Houston
Why SciCat Geo?
Unconventional exploration and production (E&P) companies are now focused on strong balance sheets and free cash flows more so than ever. This speaks to capital efficiency across the value chain, involving key improvements in well spacing, completions design, and development planning (McKinsey & Company, 2020). This is particularly critical as E&P companies continue to assume isotropic subsurface geology, resulting in frac interference, parent-child phenomena, and overall marginal field development.
Hart Energy (2020) further emphasizes a necessity for optimal development and successful experimentation that is technology driven, involving technical managers, engineers, and geoscientists to identify transformation opportunities going forward. That said, SciCat® has developed proprietary and award winning seismic driven technology that measures in-situ 3D minimum horizontal stress which is the key rock parameter that governs hydraulic fracture stimulation of tight oil and gas formations.