ResFrac, a Leader in Advancing the Future of Subsurface Simulation, Receives Platform Investment from Banneker Partners
Banneker Partners (“Banneker”) today announced a platform investment in ResFrac Corporation (“ResFrac”), the developer of the industry’s only fully integrated reservoir simulation and hydraulic fracturing platform. ResFrac uniquely couples reservoir simulation and hydraulic fracture modeling, enabling engineers to model a well’s entire life cycle, from the moment rock is fractured through years of production, in a single, continuous simulation. This precision allows energy operators to test thousands of design scenarios in a virtual environment, optimizing completion design and maximizing resource recovery while minimizing capital risk.
