Flotek Industries

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17 Dec
LITIGATION SUMMARY & BACKGROUND

On December 16, 2019, Flotek Industries, Inc. (“Flotek Industries”) and Flotek Chemistry, LLC (“Flotek Chemistry”) (collectively, “Flotek” or the “Company”) filed in the U.S. District Court for the Southern District of Texas (Houston Division) (the “Court”) an Original Complaint against defendant Guide Energy Solutions, LLC (“Guide Energy”) and individual defendants Cody Coomer (“Coomer”), Cody Sutton (“Sutton”), Hasnain Saboowala (“Saboowala”), and Justin Vaughn (“Vaughn”) (collectively, “Defendants”). The individual defendants are former high-level employees of Flotek that voluntarily left the Company in April 2019 and currently work at or are affiliated with Guide Energy, which has a principal place of business located in Prague, Oklahoma.    

 

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22 Oct
Oil Field Chemistry Marches Forward – AOGR October 2019

Flotek’s reservoir-centric chemistry was featured on how it can positively impact performance in the October 2019 issue of American Oil and Gas Reporter.

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04 Oct
Flotek Presentation: Improving Production through Reservoir-Centric Fluid Systems

At the 2019 SPE Annual Technology Conference and Exhibition, Flotek released its case studies highlighting the effectiveness of its reservoir-centric fluid systems across a variety of applications: completions, remediation, frac hits and enhanced waterflooding. The presentation highlights performance in both oil and gas reservoirs including: Oklahoma Basin-Woodford & Cleveland Sand, Midland Basin-Wolfcamp A & Wolfcamp B, Delaware Basin-Wolfcamp B, Gulf Coast Basin-Eagle Ford, Olmos, Austin Chalk, East Texas Basin-Cotton Valley, Appalachian Basin – Marcellus and Utica, DJ Basin - Niobrara A & Niobrara B, Powder River Basin, Williston Basin-Middle Bakken, Canadian Williston Basin-Lower Shaunavon, Canadian Triassic Basin - Cardium-Ferrier & Ellerslie-Edson Core.

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04 Oct
Flotek Presentation: Chemical EOR in Tight Oil Pools

At the 2019 SPE Annual Technology and Exhibition, Flotek presented the results of a waterflooding pilot illustrating the effectiveness of our patented chemistry in conventional and unconventional waterfloods, based on SPE-195854

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04 Oct
Flotek Presentation: Protecting the Parent Well

At the 2019 SPE Annual Technology and Exhibition, Flotek illustrated how to effectively protect a parent well when fracing a child well. The presentation highlights how fluid chemistry can be utilized on primary and infill wells to mitigate and remediate damage due to frac-driven interactions.

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