Tenaris is now performing hydraulic fracturing operations, a first for the company, in the Vaca Muerta formation, the world's second largest reservoir for shale gas and fourth for shale oil in Argentina. With this milestone, Tenaris is expanding its offer of services to customers in the region.
As of June, 90 fractures have been completed in three wells with very good efficiency indicators, accompanying the increase of production levels in Fortín de Piedra’s unconventional gas field, operated by Tecpetrol. The set up was achieved in record time following the acquisition of hydraulic fracturing, coiled tubing and wireline equipment from Baker Hughes Argentina this March.
“This is a key project, not only because it expands our participation in the onshore non-conventional services sector and particularly for the Vaca Muerta shale play, but it also demonstrates Tenaris's ability to continue offering innovation and synergies in the energy industry,” said Javier Martínez Álvarez, Tenaris President for the Southern Cone.