HOUSTON, April 25, 2018 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK), a leading developer and distributor of prescriptive chemistry-based technology, has introduced MicroSolv™, a new line of stimulation chemistries designed to deliver cost-effective performance.
MicroSolv™ microemulsion technologies are a patented blend of solvents and surfactants formulated to enhance performance by:
- Lowering interfacial tension - Mitigating water blockages - Reducing surface tension - Aiding flowback of water-based frac fluids - Improving clean up - Reducing formation damage created by phase trapping
Flotek's first product in the new chemistry line is MicroSolv™ 130. In rigorous performance evaluations, MicroSolv™ 130 outperforms conventional surfactants by a significant margin.
"Innovation is a cornerstone of Flotek, and we are continuously working with clients to identify opportunities to create prescriptive chemistries to enhance performance. MicroSolv™ expands our patented stimulation chemistry solutions to provide a wider variety of price points to meet our clients' needs," said John W. Chisholm, Flotek's Chairman, President and Chief Executive Officer.
With the introduction of MicroSolv™, Flotek expands its patented and conventional chemistry solutions it prescribes and delivers directly to clients through its Prescriptive Chemistry Management® program, addressing a wide range of reservoir and geologic challenges and price points. These include Complex nano-Fluid®, Pressure reducing Fluid®, StimLube® friction reducers, along with conventional additives such as clay & iron control chemistries, surfactants, and scale and acid corrosion inhibitors. http://www.investorpoint.com/stock/FTK-Flotek%20Industries%20Inc./news/8496376408164655/
The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.
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