What ‘company culture’ means to us

We recently held our annual company retreat. This is an important event because we are a fully remote company, and it gives us the chance to get together in-person and spend quality time. This year, we did the retreat in Houston, following URTeC and our annual symposium. We visited Space Center Houston, went to an Astros game, and ate BBQ and Tex-Mex. As a Houston native, I picked some of my favorite things to do in town! We also held a meeting on ‘company culture.’ I asked the group – how do you perceive our company culture? What do we do well, and what could we do better? Here are the highlights.

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Horizontal hydraulic fractures in shales: are they real?

In ResFrac, we are always challenging ourselves—what should we be doing better? What new capabilities should we add to the simulator? One of our newest projects is adding horizontal fracture propagation. Under most conditions, hydraulic fractures form vertically, not laterally. However, in specific circumstances, horizontal fractures develop. Sometimes, they form in addition to vertical fractures, and sometimes, they form exclusively without any vertical fractures. Horizontal fracture propagation has not conventionally been included in commercial hydraulic fracturing simulators, but we think this is a capability well-worth developing.

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Welcoming Dr. Thomas Finkbeiner to the team as a Senior Technical Advisor

ResFrac is honored to welcome Dr. Thomas Finkbeiner to the team as a Senior Technical Advisor. Having lived many years in the region and consulted with Saudi Aramco and others, Thomas brings valuable technical and regional expertise to the ResFrac team. We look forward to his contribution as we develop and penetrate the rapidly growing Middle East market.

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ResFrac at the Comrades Marathon in South Africa (an Ultramarathon)

Comrades Marathon is the world’s largest and oldest ultramarathon.  The first race was in 1921. The number of registrants for this year was capped at 20k.  The marathon runs from the city of Durban to Pietermaritzburg (“up” run) or in the other direction (“down” run). The “down” run is a little bit longer at around 90 km, while the  “up” run is 87 km. This year we did the “down” run, but it was shortened to 87.7 km or  54.5 miles. “15 minutes less of pleasure” – as one of my friends said. 

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Cyclists at top of Breckinridge Mountain

ResFrac at the Breckenridge Imperial Challenge

It’s that time of year again for our ResFrac team to embark upon the Imperial Challenge in Breckenridge, CO! As with last year, Egor, Dirk (ResFrac investor), and Garrett tackled the challenge this year. The Imperial Challenge is an annual triathlon where racers bike or run from the town of Breckenridge 6 miles and 850 feet up to the base of the Breckenridge ski resort, then skin (ski uphill) 3000 ft to the peak of the resort at 12,998 ft, then… ski off the other side.

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Highlights on propagation from preexisting fractures in ResFrac

The purpose of this blog post is to cover recently developed ResFrac capability that allows investigation of the effect of natural fractures on hydraulic fracture propagation. While this option has always been available for the ‘discrete’ propagation algorithm, now it also has become available for the ‘continuous’ algorithm. There are some noticeable changes compared to the previous implementation and they are covered next.

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2022 ResFrac Annual Symposium

Last week we held our Fourth Annual ResFrac Symposium. The premise of the event is to bring together ResFrac users to share use cases, best practices, and general developments in the industry. This year was our biggest yet, with nearly 100 people joining either in-person or online throughout the day-long event, representing 26 different oil, gas, and geothermal operating companies, seven universities, and several service company collaborators.

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