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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DOE Innovators Roundtable on Enhanced Geothermal Systems with Secretary Granholm

This week, the US Secretary of Energy, Jennifer Granholm, was in Houston to announce an ‘Earthshot’ initiative to accelerate domestic production of zero-emission, baseload geothermal energy  Secretary Granholm announced the initiative at a press conference, and then hosted a roundtable discussion with Reginald DesRoches, the president of Rice University, and a group of innovators in the geothermal space. ResFrac CEO Mark McClure was one of the participants in the roundtable. Sec. Granholm asked him how to increase engagement from the oil and gas industry in geothermal.

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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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ResFrac Retreat in Colorado

For the first time in more than two years, the entire (almost!) ResFrac team gathered in Denver. We mixed education (thank you to our friends at Liberty Services for showing us the nuts and bolts of frac’ing)…… with fun.

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Four ResFrac papers at HFTC 2022!

We at ResFrac are coauthoring four papers at HFTC. The papers describe a parent/child case study performed with Devon in the SCOOP/STACK, our new automated history matching and economic optimization tools, a new crack propagation algorithm designed to improve numerical accuracy and handling of thin layers, and a modeling study on application of multistage hydraulic fracturing for geothermal energy extraction.

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