Tech Talks: ROI or Emissions: Must Frac Operators Choose?

This Tech Talk will discuss the current challenges the frac sector juggles in the industry, with constant investor demand for better efficiencies versus industry and community pressures toward using cleaner technologies. 

In this discussion, Catalyst Energy Services COO Seth Moore and CEO Bobby Chapman will discuss recent innovations in this field that have the capacity to help operators in hydraulic fracturing accomplish both these achievements without breaking the bank.

This Tech Talk is categorized under the Completions technical discipline.

David Gibson (Moderator)

Host

SPE Live

David Gibson has earned a reputation as a disruptive thought leader in the field of emerging oilfield technology.An engineer-turned-entrepreneur, David now owns and manages Gibson Reports, a MWD and Directional Drilling market research firm as well as a partner and board member for several start-up companies. Launching his oilfield career as a UTA-trained Mechanical Engineer, David has a 14-year track record of working for both major and independent service providers in global and domestic onshore and offshore capacities operating a wide range of tools from survey-on-connection to offshore penta-combos.Serving in leadership roles ranging from Sub-Committee Chair to Board of Directors in several professional oil and gas associations like IADD, SPE, AADE and IADC, David is a highly-requested public speaker and has been featured on 25+ different industry podcasts and livestreams to date.Known for his catchphrase, "know your industry", David's core mission is to drive the oil and gas industry toward a more knowledgeable, sustainable future.

Follow David on LinkedIn: https://www.linkedin.com/in/davidgibsonreports/

You can also catch David hosting the popular oil and gas live stream show, #Vdoorlocksmith on LinkedIn.

Seth Moore

Executive Vice President and Chief Operating Officer

Catalyst Energy Services

Seth Moore is the co-founder, Executive Vice President and Chief Operating Officer of Catalyst Energy Services. Having garnered more than 34 years of industry expertise, Seth now dedicates himself to research, engineering new technology, and the implementation of cutting-edge methods within the fracturing arm of the energy sector to improve operating efficiency and lower environmental impact. Seth is known for rolling up his sleeves and diving into projects with the expectation that innovation in the petroleum industry is the key to building a better and brighter future. Catalyst Energy Services exists as living proof of his commitment toward excellence and innovation.Seth has dedicated his entire career to the betterment of the energy sector. He earned his Bachelor of Science degree in Petroleum Services from Nicholls State University, before attending Texas A&M University where he earned a Masters in business Administration. Seth served for 28 years at Halliburton where he held various leadership roles in the United States and abroad. His extensive knowledge base came from his work across the board in operations, business development, technology, product line management, and engineering management. Post Halliburton, Seth turned that accumulated expertise into guiding other companies. He served as Vice President and Chief Operating Officer for Magna Energy Services where he had oversight of four divisions and operations across seven states in the western U.S.In 2013, he became the Regional Vice President of the Permian Basin marketplace, the largest geo-market inKey Energy Services’ portfolio. During his tenure, Seth was responsible for all lines of business and support functionality. Prior to co-founding CatalystEnergy Services, Seth was Chief Executive Officer and a partner of integrity Applied Science in Longmont, Colorado. Seth is considered a thought leader by his peers and has garnered extensive recognition in the industry, including:

•His receipt of the prestigious Meritorious Engineering Award from Hart Energy,

•Being named a finalist for the World Oil Award,

•The publication of numerous articles in the Society of Petroleum Engineers,

•Multiple presentations at events hosted by the Society of Petroleum Engineers, and

•The realization ofnumerous international and domestic patents with other patents pending.

Specific industry expertise includes: cementing, hydraulic fracturing (production enhancement), wireline, coiled tubing, tools and testing, expandable technologies, plug and abandonment, well control and blow out prevention, total fluids management, rig services (drilling, workover, and completions), fishing and rental tools and tubing, frac stack and flowback.

Bobby Chapman

CEO

Catalyst Energy Services

Bobby Chapman is the co-founder and Chief Executive Officer of Catalyst Energy Services. Having garnered more than 40 years of industry expertise, Bobby now leads the Catalyst Energy Services team in research, engineering new technology, and the implementation of cutting-edge methods within the fracturing arm of the energy sector to improve operating efficiency and lower environmental impact.

Bobby is known for identifying and building innovative methodologies and companies for the improvement of the energy industry. Catalyst Energy Services exists as living proof of his commitment toward excellence and innovation.

Bobby has worked the entirety of his career in the energy sector. He earned his Bachelor of Science degree in Petroleum Engineering from Louisiana State University before endeavoring a position as a field engineer with Halliburton.

Bobby served for 19 years with Halliburton, both in the field and ultimately as a project manager before taking the wheel at newly-begun Weatherford as a regional manager for a number of years.

Post Weatherford, Bobby turned his accumulated expertise into guiding other companies. He served as General Manager for the U.S. at Trican Well Service before he turned his hand toward entrepreneurial efforts and started Empire Frac Support Services.

When Empire Frac Services was acquired in 2013, Bobby started EcoStim Energy Solutions, where he served as Chief Operating Officer and Vice President of Development and Mergers & Acquisitions.

When EcoStim was sold, Bobby founded Catalyst Energy Services with two other professionals who were also established veterans in the energy industry. The vision for the company is to improve existing frac processes with innovative technology; the first of their new technology products launched in February 2022 with the unveiling of the Vortex Prime frac fleet, which can save users up to 25% of overall system costs.

Bobby is considered a start-up specialist in the energy industry, in addition to a thought leader by his peers.

This SPE Live Tech Talk is sponsored by Catalyst Energy Services.

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Related links and resources:

Catalyst Vortex Prime

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