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Core Lab (ticker: CLB) and Fracture ID, two companies coming to EnerCom’s The Oil and Gas Conference® in August, have worked together to launch the Horizontal Reservoir Characterization Consortium—Midland Basin. The idea is to evaluate geologic heterogeneity within the entire basin, and how it impacts well production.

The consortium of operators will use Fracture ID’s Drillbit Geomechanics™ technology to collect data on reservoir heterogeneity in the Wolfcamp basin. The data collection will also rely on Core Lab’s analysis of rock cuttings s...

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