KRYPTOSPHERE builds on its success in the Gulf of Mexico's deep, high stress wells
Wednesday, Jul 26, 2017
CARBO Ceramics Inc. (NYSE: CRR) announced KRYPTOSPHERE® HD has been utilized by all super major E&Ps operating in the Gulf of Mexico, for deep, high stress wells.  

KRYPTOSPHERE HD is the leading ultra-conductive, high strength ceramic proppant.  It was initially engineered to solve the production and completion challenges for Gulf of Mexico Lower Tertiary development, where wells can experience a closure stress range from 12,000 to 20,000 psi.  This technology results in higher production and estimated ultimate recovery (EUR), maximizing the operator's return on investment.    

In addition to its production enhancement capability, KRYPTOSPHERE HD's unique durability, smoothness, and sphericity, make it more resistant to cyclic loading and acids, and significantly less erosive on frac pumps and downhole tools.  These benefits translate into increased completion tool life, reduced rig down time, and overall cost savings for the E&P operator.  One company has reported that KRYPTOSPHERE HD is enabling a multi-fold increase in tool life.  

"This is an important milestone for KRYPTOSPHERE HD with all super majors in the Gulf of Mexico now having utilized the technology," said Don Conkle, vice president of marketing and sales, CARBO.  "We are receiving very positive feedback from our clients.  Production results are exceeding their expectations on these prolific wells and they are also realizing a substantial reduction in completion equipment wear-and–tear, resulting in lower risk and cost," he concluded.

About CARBO

CARBO® (NYSE: CRR) is a global technology company that provides products and services to the oil and gas and industrial markets to enhance value for its clients.

CARBO Oilfield Technologies - is a global leader that provides engineered solutions in its Design, Build, and Optimize the Frac® technology businesses, delivering important value to E&P operators by increasing well production and EUR.  Oilfield Technologies is the world's largest producer of high quality ceramic proppant, provides one of the industry's most widely used fracture simulation software, has proprietary technology that provides fracture diagnostics and production assurance, and offers consulting services for fracture design and completion optimization.  The Company also provides a range of technology solutions for spill prevention and containment.

Its products and services are sold to operators of oil and natural gas wells and to oilfield service companies for use in the hydraulic fracturing of natural gas and oil wells.

CARBO Industrial Technologies - is a leading provider of high-performance industrial ceramic media products that are engineered to increase process efficiency, improve end-product quality and reduce operating costs.

Its products and services are primarily sold to industrial companies that work in manufacturing and mineral processing.

For more information, please visit: http://www.carboceramics.com
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