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Baker Hughes introduces cash saving deepwater frack service

Baker Hughes has introduced its DEEPFRAC deepwater multistage fracturing service, which, the company claims, can save operators hundreds of millions of dollars in offshore developments through efficiency gains across the completion phase.

Baker Hughes said that the service uses multiposition sleeves and patented flowback control technology to accelerate or eliminate certain steps of conventional multizone completion operations and enable rapid stimulation of 20+ stages.

“This translates into significantly greater reservoir contact, with an average opex savings of $30 to 40 million per well,” the company said.

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