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10 Fastest Growing Oil & Gas Companies 2017

Leading independent global provider of specialized oilfield services : Calfrac

thesiliconreview-fernando-ceo-calfrac-17“Do it safely, do it on time, do it better”

Calfrac is one of the largest hydraulic fracturing companies in the world with a combined fleet of 1.3 million horsepower. As an API Q2 certified company, it operates in western Canada, the United States, Russia, Argentina and Mexico. Its services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services designed to help increase the production of oil and natural gas.

Since its start-up in 1999, Calfrac has established itself as a key energy service provider and has a reputation for high quality, safe operations and flawless execution. The company’s team has experience working in a variety of geographic environments ranging from the arctic tundra to mountainous and foothills regions to semi-desert and dry tropical regions. Job sites have ranged from remote locations, accessible by ice roads only, to rural areas where regulations pertaining to road restrictions and noise are in place. Given these situations, Calfrac has developed well-defined journey management and logistics practices.

Calfrac’s primary business is the provision of hydraulic fracturing services. The completion of unconventional reservoirs, including unconventional oil and gas shales, siltstones, mudstones and other traditionally bypassed reservoirs is technically and operationally challenging and characterized by increasing numbers of horizontal wells, multi-stage fracture treatments and elevated pumping pressure demands. Despite numerous challenges, Calfrac stands as a leading service provider in the oil and gas industry.

Customer focus

At Calfrac, customers and their unique requirements are one of the primary drivers for business. The company’s success is based on achieving high levels of customer satisfaction and building long-term, mutually beneficial relationships.

The experienced field operations teams are supported by highly qualified technical, supervisory and support personnel. In collaboration with customers, an understanding of the specific project requirements is developed, and then innovative and practical solutions to meet those needs are tailored. Over the years, strong relationships have been developed with a diverse mix of multi-national public companies, national oil and gas companies, as well as small private companies. The company counts among its customer base many of the most active exploration and production companies in the countries of operation.

Services offered

Calfrac primarily offers three services: Hydraulic Fracturing, Coiled Tubing and Cementing.

Hydraulic Fracturing: Calfrac is a full service hydraulic fracturing provider. It provides slickwater solutions for fresh and high TDS brine applications, support for high viscosity friction reducer fracture fluid systems, along with all traditional industry applications of gel based, crosslink and energized fracturing needs. Treatment types and additives (such as surfactants, biocides and diverters) are customized to meet desired operational, treatment and production objectives.

The company’s experience with deep and shallow wells includes wells in excess of 10,000 ft. (3,000 m) true vertical depth, and horizontal wells sometimes reaching 20,000 ft. (6,000 m) total measured depth.

Coiled Tubing: Calfrac coiled tubing services are effective for production stimulation, conducting geophysical logging, well clean-outs and more. The company’s fleet of coiled tubing equipment provides services from shallow through deep — below 10,000 ft. true vertical depth, with reel capacities up to 24,000 ft. for 2 3/8 inches coiled tubing — and covers the majority of today’s wells, including long-leg multi-stage fractured horizontals drilled in deep shales and tight sands.

Cementing: Calfrac provides expert cementing services using modern, reliable equipment, experienced personnel and continually evolving cement blends. Its cement testing labs are state-of-the-art, with modern equipment and testing procedures that meet or exceed industry standards.

Giving back to the society

Calfrac believes in being an integral part of the communities where it operates and supports a variety of giving activities throughout the year. Support falls under two main areas: volunteering or donation. Whenever possible, the initiatives and organizations it undertakes to promote and support fall into the following categories: Environment, Education, Aboriginal, Social Services, Arts & Culture and Community Sport.

With an expanded geographic network and an operating fleet sized correctly to service the markets where it operates, Calfrac’s goal is to safely and efficiently provide the highest degree of expertise, innovation and service to its customers.

Greet the mastermind behind Calfrac: Fernando Aguilar

Fernando, President and Chief Executive Officer started his career in 1981 and has global experience in technology, business and oilfield sectors. In 2008, he joined the Calfrac Board of Directors as an independent member and, in November 2010, the company appointed him President and Chief Operating Officer.

In January 2014, he accepted the role of President and Chief Executive Officer and continues as a board member. Prior to joining Calfrac, Fernando held a variety of executive and senior management positions in the services sector. Over a 19 year period (1984-2003), he progressed through various global assignments in both field and senior management positions at Schlumberger. From 2004 until 2010, he worked for CGGVeritas, a global geophysical services company. Fernando has completed the Stanford Executive MBA program (2003) as well as the Director Education Program (2008) developed by the Institute of Corporate Directors and the Rotman School of Management in conjunction with the Haskayne School of Business.

“People-focused and committed to providing customers with the highest levels of safety, quality and service using technology as an enabler.”

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