YPF Technologia, a joint venture between Argentina’s Yacimientos Petrolíferos Fiscales (YPF) and ‘Conicet,’ the country’s National R&D organization have signed a fine year agreement with Houston-headquartered Flotek for the joint development of technologies to further development of the Vaca Muerta shale and Neuquen tight gas basins. Initial focus is on the use of custom chemistry for ‘full fluid systems,’ leveraging Flotek’s patented complex nano-fluid and pressure reducing fluid technologies. The partners are also to design and implement a YPF-centric chemistry data management application. Y-Tec general manager Santiago Sacerdote said, ‘Innovative custom chemistry and integrated data analysis will enable us to design efficient solutions for the development of both conventional and unconventional resources.’
Recently commissioned, independent studies of Flotek’s production enhancing chemistries are available on the Flotek website (registration required).
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