Frac Interference Exchange (FracX) is a reciprocal data sharing service designed to promote collaboration between producers to avoid negative interactions between closely spaced wells. FracX allows participants to automatically import frac schedules via manual upload, FTP, or API into the exchange and deliver schedules directly into an operator’s GIS system. Similarly, data from FracX can also be automatically delivered directly into a producer’s GIS system, accelerating collaboration and analysis. Oil & gas producers can identify the acreage where frac hits may occur and act quickly to temporarily shut-in producing wells.
“The Frac Interference Exchange has over 130 oil & gas companies now participating,” said Katie Keating, FracX Product Manager. “After listening carefully to what producers need, we built on the initial concept of simplifying the distribution of frac schedules with tools that completely automate the process so operators can spend more time on analysis and remediation,” she said. “We continue our commitment to the oil & gas industry to solve a significant problem across all basins where close well spacing and longer laterals pose an increasing risk of frac hits.”
Do you know who is about to frac near your wells? Chances are, the answer is already in FracX, which is used across Permian, EagleFord, & Haynesville to share completion schedules among operators. Learn more: https://pdsenergy.com/frac-interference-exchange/
