Exxon Mobil Corporation has announced the licensing of its Multi-Zone Stimulation Technology (MZST) well treatment process to Canyon Technical Services Ltd. of Calgary, Alberta, Canada.
The MZST process can be used to rapidly and reliably stimulate multiple reservoir zones in a single operation, yielding improved well economics. It can be particularly beneficial for fracturing operations in tight gas, shale gas and coal bed methane wells that target multiple reservoir zones, thick reservoir sections, or long reservoir intervals where multiple stimulation treatments are required.
The MZST process will enable Canyon Technical Services to optimize its stimulation operations by combining the deployment of perforating and fracturing equipment simultaneously in the wellbore to enable single-trip, multi-zone stimulations. This proprietary technology dramatically increases the number of zones that can be fractured per day compared to conventional fracturing and stimulation operations.
