ResFrac Corporation

ResFrac Corporation is a company specializing in fully-integrated hydraulic fracturing, wellbore, geomechanical, and reservoir simulation. Their slogan, “Fully-Integrated Hydraulic Fracturing, Wellbore, Geomechanical, and Reservoir Simulation,” reflects their commitment to optimizing operators' return on investment. Founded in 2018 and based in the United States, ResFrac offers the industry's only genuinely coupled hydraulic fracturing, wellbore, and reservoir simulator. This allows for modeling the entire development life-cycle in a single continuous simulation, from fracturing to production.

ResFrac's comprehensive simulation capabilities cover multiphase flow, fracture reopening and propagation, parent/child fracturing and production, refracs, and EOR huff and puff schemes. Their platform enables users to quantitatively optimize various parameters such as landing zone, well spacing, parent-child relationships, cluster spacing, fluid volume, proppant volume, and fluid and proppant type. The company's reach extends to both small independents and supermajors, with applications across major American shale plays such as Permian, Eagle Ford, Bakken, SCOOP/STACK, Utica, Marcellus, Montney, Haynesville, and Vaca Muerte.

ResFrac Corporation's latest landmark was a $2.00M Venture Round investment on 15 April 2020. This funding signifies a vote of confidence in the company's innovative approach and their potential to drive significant advancements in the Energy and Oil and Gas industries. As ResFrac continues to garner support and expand its footprint, it stands poised to make substantial contributions to the evolving landscape of hydraulic fracturing and reservoir simulation.