Fracturing (FRAC)
Many people think crude oil and natural gas exist in large pools in underground cavities. Actually, oil and gas are trapped in the pore spaces of certain rock formations and sands such as limestone, sandstone, or shale. One of the most important physical features of an oil and gas reservoir is porosity. Porosity is the amount of pore space in the formation that is available to hold crude oil and natural gas. Oil field developers like RyHolland Fielder , Inc. can do little or nothing to improve porosity of a formation.
However, there are technologies available to developers that can improve the permeability of a well. Permeability is the degree to which crude oil and natural gas can move easily through the rock by means of interconnections among the pore space of the rock. Although it can be a very complex and expensive undertaking, fracturing is the most common technological application to improve permeability. Fracturing, often referred to as a “frac”, is when fluids/gas are forced under extreme pressure into producing formations, splitting open fissures in the rock and creating passageways for crude oil and natural gas to flow back to the wellbore.
Ron Walblay designed many multi-stage “fracs” to enhance production from many of the oil and gas wells that RyHolland Fielder, Inc. operates today.
THIS IS NOT AN OFFER TO BUY OUR SECURITIES. OUR SECURITIES OFFER IS MADE ONLY BY MEMORANDUM TO QUALIFIED ACCREDITED INVESTORS.

