Market Overview

Baker Hughes Introduces Revolutionary Multistage Fracturing Service for Deep Water


Baker Hughes Incorporated (NYSE:BHI) announced today the introduction of
its DEEPFRAC™ deepwater multistage fracturing service, which can save
operators hundreds of millions of dollars in offshore developments
through unprecedented efficiency gains across the completion phase.
Using multiposition sleeves and patented flowback control technology,
the service accelerates or eliminates certain steps of conventional
multizone completion operations and enables rapid stimulation of 20+
stages. This translates into significantly greater reservoir contact,
with an average OPEX savings of USD 30 to 40 million per well.

This Smart News Release features multimedia. View the full release here:

Proprietary flowback control media is incorporated directly into the multiposition sleeve's producti ...

Proprietary flowback control media is incorporated directly into the multiposition sleeve's production ports to enable long-term, sand-free production without the need for conventional sand screens. (Photo: Business Wire)

"Historically, operators who needed to stimulate their offshore wells
were faced with complex completion operations that could take longer
than a month and with costs approaching a hundred million dollars," said
Jim Sessions, Vice President, Completions at Baker Hughes. "By adapting
some of the technologies and techniques that delivered game-changing
efficiencies in unconventional land to an offshore service, we've
enabled a new level of deepwater completion design flexibility and
streamlined operations—all without compromising our commitment to safety
and compliance."

Typically, after a deepwater well has been drilled, the subsequent
completion phase involves multiple, time-consuming steps. In contrast,
the DEEPFRAC service eliminates casing and cementing operations and
simplifies fluid logistics by using ball-activated, multiposition
sleeves that can be installed in openhole wellbores containing drilling
mud. And, unlike conventional offshore systems' complicated tool running
procedures and extensive mechanical manipulation requirements, no tool
movement is needed during the DEEPFRAC service's stimulation process.
The sleeve's ball activation enables continuous pumping from the first
stage to the last, cutting the lower completion phase from weeks to days.

Conventional offshore stimulation systems are often limited to only five
zones or ‘stages' and these systems lack configuration flexibility that
often results in uneven treatments and creates long sections of ‘dead
space' that cover up hundreds of feet of viable pay. The sleeves used in
the DEEPFRAC service are modular and flexible, enabling placement of 20+
tightly-spaced stages across the pay zone to ensure more uniform
treatments and to maximize reservoir contact.

After stimulation operations are complete, Baker Hughes IN-Tallic™
disintegrating frac balls allow production to flow without intervention.
Patented Baker Hughes BeadScreen™ proppant flowback control technology
built directly into the DEEPFRAC sleeve's production ports provides
increased reliability over conventional sand screens through higher
burst/collapse ratings and improved erosion/plugging resistance, helping
to ensure long-term, sand-free production.

On a recent job, the DEEPFRAC service saved an estimated 25 days rig
time and USD 40 million on a first-ever 15-stage deepwater completion in
the Gulf of Mexico's Lower Tertiary.

The DEEPFRAC service is the latest example of Baker Hughes' strategy to
improve well efficiency, optimize production and increase ultimate

Baker Hughes is a leading supplier of oilfield services, products,
technology and systems to the worldwide oil and natural gas industry.
The company's 32,000 employees today work in more than 80 countries
helping customers find, evaluate, drill, produce, transport and process
hydrocarbon resources. For more information on Baker Hughes, visit:

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at