Halliburton Announces New Fracture Technology -- Used First in the Bakken, North Dakota, USA

Link here. Called RapidFrac.

• Reduces time from days to hours
• Uses less water
• Based on sliding sleeve process (unique differences from "plug and perf")
• Up to 90 sleeves

Partnered with BEXP for testing:

Although initial system deployments have occurred in the Bakken Shale with Brigham Exploration and Williams Production Company, this technology has application for shale developments on a global basis.

"Brigham's success in the Bakken has been driven by its early adoption of game-changing technologies," said Lance Langford, executive vice president, Brigham Exploration. "We believe our industry is in the very early stage of developing tools and techniques to optimally exploit the Bakken and working with Halliburton to successfully launch its RapidFrac system is an example of what can be done in this world class resource."

Kewl. Maybe this is why BEXP continues to be the gold standard for Bakken well completions.