Packers Plus Achieves First Successful Installation of StackFRAC® Titanium® XV System in Deep Gas Jurassic Reservoir

CALGARY, Alberta, April 24, 2017 /PRNewswire/ --

Packers Plus Energy Services Inc. is pleased to announce the installation of a StackFRAC® Titanium® XV system in a challenging high pressure/high temperature (HPHT) well in a Jurassic reservoir in the Middle East. Despite the harsh downhole conditions of this well, Packers Plus was able to run a smooth completion operation resulting in high productivity compared to similar offset wells in the area.

Packers Plus StackFRAC Titanium XV systems are designed for open and cased hole, multi-stage stimulation in wells where differential pressures could reach up to 15,000 psi (103 MPa) and extreme bottom hole temperatures can be encountered. Due to the tight nature of the formation, matrix acidizing was not sufficient and hydraulic fracturing was used to maximize reservoir coverage. These challenges demand a selection of specialized completion equipment designed to accommodate bottom hole pressures in excess of 19,000 psi (131 MPa). The field-proven StackFRAC Titanium XV system simplified multi-stage fracturing operations compared to traditional completion methods used in the area, minimizing time and cost.

"The Titanium XV system provides our customers with the ability to improve reservoir performance and reduce operator costs," says Packers Plus President, Ian Bryant. "It offers the ability to selectively open and close different stages, reducing uncertainty and allowing for open hole multi-stage completions with full access to natural fractures and a high degree of reliability."

To learn more about Packers Plus' international experience, visit packersplus.com/proven-performance.

About Packers Plus
Packers Plus is an industry leader in designing and manufacturing lower completions solutions for a variety of technically challenging applications. Known for its innovative, high-quality and responsive style, the privately held company has run over 16,000 completion systems, accounting for over 240,000 fracture stages since it started operations in 2000. Today, Packers Plus has employees around the world, maintaining an influential role in key markets and remaining true to its roots-an innovative company with a focused niche, enabling it to be one of the best in the industry. Learn more at packersplus.com.

Ian Bryant, President, Packers Plus Energy Services Inc., ian.bryant@packersplus.com, +1 (281) 730-8373; Tess MacLeod, Manager, Marketing & Communications, Packers Plus Energy Services Inc., tess.macleod@packersplus.com , +1 (403) 234-6011