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Take control of your proppant supply chain transform cheap readily available local resources into usable proppant.
The market for proppants is projected to be $19B by 2019. Demand for frac sand is expected to outstrip supply by 2018 resulting in price spikes, railcar shortages, and a logistics nightmare. Remember 2014?
Frac Sand: An Impending Crisis
U.S. Proppant Market Share by Type (2015)
RCP 3.4% Ceramics 3.9%
Frac Sand 92.7%
Source: The Freedonia Group
Logistics Bottleneck
33%
33%
33%
Rail TransportationTrucking to WellRaw Sand Cost
Source: WSJ
Logistics accounts for 2/3 of the wellhead cost of frac sand
Frac Sand Source & Destinations
Cost Breakdown of Frac Sand
Introducing HOPS
HOPS (left) compared with untreated brown sand (right)
HOPS enables operators to cut logistics costs by turning locallyavailable resources (brown sand, river sand, etc) into propablesand in an economically viable way.
Cost Breakdown of Frac Sand
Source: WSJ
Remove logistics costs
with HOPS33%
33%
33%
Rail TransportationTrucking to WellRaw Sand Cost
33%
33%
33%
Ganesh Arumugam, Ph.D., Senior ScientistPhD in chemistry and 10 years in developingadvanced functional nanocomposite
Glen Nakafuji, PhD Director of TechnologyDr. Nakafuji has over 20 years of experience inapplied physics including 17 years of experienceat the Los Alamos and Lawrence LivermoreNational Laboratories.
Sumil Thapa, M.S., Materials EngineerMr. Thapa’s research experience is with polymercoatings, polymer composites, electrospinning,and electrochemical coating processes.
Vinod Veedu, Ph.D., Director of StrategicInitiatives10 Years at Oceanit, Corporate Co-Developmentand commercialization lead
Matthew Sullivan, M.S., Head of ProductMr. Sullivan leads the product commercializationgroup at Oceanit where he focuses on bringingtechnologies to market. He is an AdjunctProfessor at the Stanford d.school and previouslyfounded a venture backed startup out of Stanford.
HOPS TeamOceanit Background
3rd Party Test Results:
• Maintained size 20/40• Increased sphericity• Increased strength• Increased chemical resistance• Increased conductivity
Brown SandHOPS
Local Sand
Sorting &Cleaning
HOPS Treatment
Testing & Evaluation Size Sorting Post
Treatment
HOPS Treatment & Results
Treatment Process:
Proprietary
HOPS Treatment & Results
Proprietary
IDEAS
RISK(Technology& Science)
PROGRAMS PROJECTS PRODUCTS
Fundamental Science& Engineering
Platform Applications
Specific Outcomes Specific Uses
BENEFIT(Humans& Society)
(L)(L)TIME
(H)(H)
Case Study: SCIN
Lab ScaleMonth 0
Small PilotMonth 8
Large PilotMonth 18
DeploymentMonth 30
Proprietary
Steel Cement Interfacial Nanobondfor well integrity
Contact:
Dr. Vinod VeeduDirector of Strategic Initiatives, Oceanit
Phone: 713.357.9622 Email: [email protected]
Proprietary