Magnum Oil Tools develops dissolvable frac plug

Magnum Oil Tools International

Magnum Oil Tools International has released the industry’s first dissolvable frac plug, the Magnum Vanishing Plug (MVP). The MVP dissolves with the presence of temperature at a predictable rate, allowing the opportunity to substantially reduce the risk and costs associated with well intervention.

Currently, the preferred method of completing unconventional horizontal wells is a plug-and-perf process whereby frac plugs are installed in a wellbore to isolate each frac stage. Once all stages are completed, a well intervention process is performed to remove the plugs from the wellbore. The MVP was developed to eliminate these interventions.

“This ground-breaking technology will make well completions safer, more efficient, and more economical by reducing the risks and delays that are associated with well interventions,” said Garrett Frazier, director of marketing and sales at Magnum.

Magnum is currently making this technology available to a select group of operators in shale plays across the US.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...