Exclusive video: Re-fracturing, rejuvenation may provide relief in current economic climate

With oil prices down, operators are actively seeking solutions to maintain or increase production at relatively low costs. “We see it as a humongous opportunity to look at what we can do better to increase the production from unconventionals, but more importantly increase recovery from unconventionals above the paltry 10% that we’re currently sitting at,” Hans-Christian Freitag, Vice President of Integrated Technology at Baker Hughes, said. In this video, DC Editorial Coordinator Kelli Ainsworth speaks with Mr Freitag about re-fracturing vs rejuvenation, as well as how to identify wells that are the best candidates for re-fracturing or other rejuvenation methods.