Vertice Oil Tools

Vertice Oil Tools

Author: collide. May 13, 2024 Duration: 33:09

Vertice Oil Tools didn’t start out with frac plugs in mind—they originally set out to commercialize a sliding sleeve design. But when plug-and-perf took over the game, they pivoted and nailed it with a hydraulically disconnecting refrac liner that’s transforming how refracs are done. This tool makes zonal isolation for refracturing faster and more affordable than the old-school cut-and-pull approach. Plus, they’re not just throwing tools out there; Vertice uses data analytics to help operators find the best wells for refracs, tapping into offset data and reservoir details to predict production bumps. With refracking booming in places like Eagle Ford, Haynesville, and the Bakken, they’re even tying refracs to new fracs on multi-well pads and exploring remote frac lines to make single-well refracs more cost-effective.


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Click here to view the episode transcript.

00:00 - Alex and Matt Catch Up
02:35 - Introduction to Vertis Energy
11:05 - Y-Tool's Minimum Viable Product (MVP)
11:57 - Functionality of the Y-Tool
18:04 - Overview of Vertus Energy
18:47 - Vertus Collaboration with Operators
22:10 - Refracs in Various Basins
22:50 - Refrac Market Analysis
25:17 - Refrac Cost Considerations
27:45 - Verti Office and Workshop Tour
29:42 - Connecting with Alex and Matt
30:10 - ONC Technical Sales Representative Role
31:10 - Conclusion and Outro

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Collin McLelland hosts Oil and Gas Startups Podcast, a series from collide. that goes beyond the headlines of the energy sector. Instead of rehashing market reports, this podcast digs into the human stories and novel ideas driving change. Each conversation focuses on the practical realities of building a company at the intersection of legacy industry and cutting-edge innovation. You'll hear founders explain the specific problems they're solving, learn how investors assess risk and opportunity in this complex field, and get candid advice from established leaders who have navigated the unique challenges of oil and gas. The discussions are grounded in real-world applications, whether it's a new software platform, a novel drilling technology, or a service designed to improve efficiency and safety. This isn't about abstract theory; it's a firsthand look at the people betting their careers on the future of energy. For anyone curious about entrepreneurship, business strategy, or the technological evolution within a foundational global industry, this podcast offers an unfiltered, insightful perspective. Tune in for genuine narratives that reveal how new ventures are conceived, funded, and scaled in one of the world's most demanding and dynamic business landscapes.
Author: Language: en-us Episodes: 100

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