Stage Completions lowers Blackbird Energy completions to just 3 days

Technological innovation has been a major driver of the oil and gas revolution from the very beginning. New ideas led to horizontal drilling and completions, and when the price of oil fell from more than $100 per barrel to less than $30, companies turned to technology again for a solution.

Over the course of EnerCom Dallas, technological innovation was a constant theme. Even though some of the pressure has come off the oil and gas industry with prices climbing above $50 per barrel, many companies remained focused on making operations even more efficient.

One of the technologies presented at EnerCom Dallas was privately-held Stage Completion’s SC Bowhead II, a collet-activated fracturing sleeve system designed for cased hole and open hole applications. The Stage system is helping to increase stimulated rock volume, increasing EURs and improving capital efficiencies, Stage management said during their presentation.

 

Stage Promblems with other completions

Stage completion has been rolling out its completion technology throughout North America and internationally. In Canada, the company has been used in multiple Blackbird Energy (ticker: BBI) wells, with impressive results. BBI’s most recent 3-28 Montney well consisted of 56 stages with 2,765 tons of proppant for $2.3 million in just 54 hours exclusive of maintenance. Blackbird also owns a 10% stake in Stage Completion.

BBI Stage Completion Results

Stage announced that the company will have four more patents in the near future as the company continues to roll out new technology.


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