You are Home   »   News   »   View Article

LMKR partners with FracGeo LLC

Friday, February 12, 2016

LMKR partners with FracGeo LLC to deliver innovative fracture geomechanics software solutions addressing completion efficiency and well space optimization through Integration into LMKR's GVERSE and GeoGraphix product suites.

LMKR announced a long term strategic partnership with FracGeo LLC aimed at integrating FracGeo's software solutions and products with LMKR's GVERSE and GeoGraphix Product suites. The partnership will include developing connectors for integration as well as integration in development of new software technologies and products to help LMKR's clients adapt their workflows to the new oil price environment.

"LMKR's partnership with FracGeo will enable us to deliver advanced completion optimization techniques integrated with LMKR's GVERSE and GeoGraphix Products. FracGeo's proprietary modeling services and products coupled with LMKR's technology and expertise will help us add new computation tools to overcome major limitations of existing and traditional geomechanical and frac design approaches that will make our clients more efficient and effective," commented Atif Khan, Chairman and CEO, LMKR.

"Today, we are bringing to the Geoscience world the practical and rapid deployment of fracture Geomechanics, a critical component as it enables our clients to assist the engineering community by correctly simulating the impact of fractured reservoirs on our completion and well performance," said Dr. Ahmed Ouenes, CEO and Founder of FracGeo. "The ability to simulate and validate the impact of our stimulation decisions on well performance directly impacts the bottom line of our clients. Together with LMKR, we are building software solutions that will change the way completions are designed and executed," said Dr. Ahmed Ouenes.



Associated Companies
» LMKR
comments powered by Disqus

CREATE A FREE MEMBERSHIP

To attend our free events, receive our newsletter, and receive the free colour Digital Energy Journal.

FEATURED VIDEO

The people behind digitisation: Competencies required to make it work
Dr Jeff Bannister
from Orbitage on behalf of MOGSC

DIGITAL ENERGY JOURNAL

Latest Edition Aug-Sept 2017
Aug 2017

Download latest and back issues

COMPANIES SUPPORTING ONE OR MORE DIGITAL ENERGY JOURNAL EVENTS INCLUDE

Learn more about supporting Digital Energy Journal