Terves Introduces SmartCore(TM) Structural Chemical Delivery Product for Oil and Gas Completion and Production

Terves Inc. (“Terves”) is pleased to announce the launch of the Oil and Gas Industry’s first intelligent frac ball and chemical pill product line, SmartCore™. Terves’ patent-pending SmartCore products utilize a dissolvable carrier, such as a frac ball, frac plug and/or other fracking tools, to deliver well control chemicals, including dissolution accelerators, gel breakers, and wellbore cleanup chemicals at a precise location and controlled release timing.

SmartCore patent-pending technology enables independent control over wellbore local chemistry. Using chemical additions, frac ball and dissolvable frac plug removal times and byproduct solubility can be controlled, while greatly reducing dissolution time variability and sensitivity to chloride content or well temperature. Instead of 72-128 hours, 3.5” diameter SmartCore frac balls are completely dissolved with only a clear liquid as a byproduct in 24-36 hours while meeting the same pressure ratings and performance standards as Terves’ standard solid dissolvable frac balls. When used with dissolvable frac plugs, SmartCore frac balls can significantly reduce the volume of solid byproducts (such as hydroxides).

“SmartCore products were developed to address operator concerns over sand bridging and hydroxide restrictions that can form under some wellbore conditions, where inadequate clearance or fluid circulation occurs while using dissolvable tools, and to accelerate and control removal times to bring wells on-line faster. SmartCore chemical delivery pills can also precisely deliver chemicals down the wellbore for filter cake removal, acid treatments, gel breaking, and other completion needs while maintaining completely benign fluid conditions outside the target zone,” said Andrew Sherman, CEO of Terves.

SmartCore Advantages:

• Reduces or eliminates dissolution sensitivity to water source (brine, freshwater, brackish water, temperature)
• Accelerates removal and ensures complete dissolution
• Can greatly reduce or eliminate formation of solid byproducts, such as magnesium hydroxide
• Can precisely deliver gel breakers and filter cake cleanup chemicals to wellbore locations, and/or activate triggered dissolvable devices, without exposing the wellbore outside the target zone to harsh chemicals. The operator can specify timing or other (temperature, chemical) trigger to control release.

“The SmartCore product can deliver chemicals cost-effectively to any point along the wellbore, and then release them in a highly controlled fashion. SmartCore frac balls and chemical darts filled with salts, acid, wellbore cleanup, or gel breaker chemicals are available today in a variety of sizes to accelerate dissolution and ensure full dissolution of dissolvable frac plugs and other tools,” continued Mr. Sherman.

About Terves

Terves is the technology and cost leader in the development, manufacturing and sale of Engineered Response™ smart materials for the oil and gas industry. Terves’ intelligent materials sense and respond to their local wellbore environment to “do more,” such as dissolve, change dimensions, generate force or heat, destroy chemicals or bacteria, bond together, or solubilize and disperse based on change in time, temperature, pressure, PH, electrostatic charge, or other change in the local environment..

Terves is the leading manufacturer of dissolvable metals and dissolvable elastomers that are used for making frac balls, plugs, slips, seals and several other components used in oil and gas well completion and production; and have been used for completing tens of thousands of stages in North America, Europe, South America, Asia and MENA regions. Terves’ product portfolio also includes highly-engineered specialty proppants, expandable materials, acoustic imaging tools, thermites and structural reactive materials, net-shaped ceramic-metallic (cermet) nanocomposites, and high energy density supercapacitors. Terves is a strong materials science research-based and product-focused organization that works with oil and gas majors, operators, EPCs and OEMs to develop and commercialize compelling technologies, products and capabilities for critical challenges in oil and gas exploration, production and completion operations.

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