Rocsol Technologies Inc

Rocsol provides industry leading software to calculate accurate downhole weight on bit (DWOB) eliminating the need for expensive downhole measurement tools. Our DWOB software is now available in REAL-TIME through our partner NOV. Using the DWOB data and additional data collected through the routine drilling process, Rocsol's propriety DROCK software calculates geomechanical and reservoir properties without the need for downhole logging operations, saving clients hundreds of thousands of dollars in logging costs. A continuous geomechanical property log is generated for any unconventional reservoir including confined and unconfined compressive strengths, Young’s modulus, porosity, permeability and Poisson’s ratio at each drilled depth along the horizontal wellbore. Using this geomechanical logging data, clients can now selectively stimulate horizontal reservoirs and complete the best reservoir rock. The industry standard practice of geometrically spacing fractures may actually miss the best reservoir pay and merely perforate good, mediocre or poor reservoir rock. Our clients that selectively perforated using our logging data have reduced frac sand volumes by 30% and increased production by up to 30%.