The latest trend in the oil & gas industry is the RE-FRACTURING of previously fractured wells.
This process is extremely beneficial since it re-stimulates the shale formations to increase the flow of oil & gas.
The cost of RE-FRACTURING is cost effective in comparison to drilling and completing new wells. For example the typical cost to RE-FRACTURE an existing well is approximately US$ 1 MILLION in contrast to the cost of drilling a new well of over US$ 12 MILLION. The process of RE-FRACTURING can often improve the well performance considerably to as a much as 90% of the original well production.
We specialize in the small diameter tools used in the 3-1/2″ LINERS including our very popular 2.650″ PLUGBUSTER bits for drilling out the small diameter frac plugs. The PLUGBUSTER is the best tool for this purpose and has consistently out-performed all other bits or mills for these RE-FRAC completions. Please visit our PLUGBUSTER page for further details or contact me anytime if you wish to discuss our products.