World's first subsea StageFRAC multi-stage fracturing system run for BP in
the North Sea

CALGARY, March 23 /CNW/ - Packers Plus and Schlumberger have successfully completed the first ever subsea StageFRAC(TM) multi-stage fracturing completion for BP Exploration in the North Sea. The well was in the Machar field, 250 km directly east of Aberdeen, Scotland.

"This was the most successful well ever drilled in this field," said Dario Lisi, BP Well Teams Leader based in Aberdeen, UK.

"Although Packers Plus is very well respected in North America for multi stage fracturing with StageFRAC technology, this was a first for the North Sea," said Packers Plus Technical Sales Manager in Europe, Paul Higginson. "We kept the customer fully informed all the way and our service quality was reflected in the extremely positive written feedback Packers Plus received from BP for all aspects of the job."

From the BIGORANGE* XVIII stimulation vessel, seven acid fractures were successfully placed in the best sections of the reservoir. Due to the expertise provided by the Packers Plus and Schlumberger personnel, the operation went very smoothly and was completed 11 days ahead of schedule.

"Not only were time and cost savings realized through the completions operation, but the well came in significantly higher than expected, prompting the operator to consider more open hole StageFRAC completions in the Machar offshore field," said Packers Plus President Dan Themig. "Our system provided focused isolation for targeted fracture and individual stage shut-off capabilities for potential future water encroachment."

Compared to cementing and perforating a liner, the combination of the Packers Plus StageFRAC system and Schlumberger stimulation services saved the operator money and reduced risk to personnel.

StageFRAC technology is making a significant impact on reserve recovery in oil and gas formations around the globe. Packers Plus continues to push the envelope on multi-stage fracturing technology with their new StageFRAC HD system, which provides higher density stages to fulfill operators' needs.

About Packers Plus and StageFRAC

Packers Plus is a pioneer of open hole multi-stage fracture stimulation systems and is an industry leader in designing and manufacturing innovative solutions for a variety of completion challenges. Packers Plus has run over 4,000 systems accounting for over 30,000 fracture stages since the technology was invented in 2001.

Today, Packers Plus has employees in 27 offices in Canada, the United States, and across the globe. The company is working in numerous countries including West Africa, the Middle East, China, Indonesia, Europe, Mexico and Argentina.

StageFRAC is a trademark of Packers Plus Energy Services Inc. used under license by Schlumberger Limited.

BIGORANGE is a trademark of Schlumberger Limited.

SOURCE Packers Plus Energy Services Inc.

For further information: For further information: Dan Themig, President, Calgary Office, Suite 900, 407-2 St SW, Calgary, AB, T2P 2Y3, Phone: (403) 263-7587, Cell: (403) 870-1829, dan.themig@packersplus.com, www.packersplus.com; Paul Higginson, Technical Sales Manager (Europe), Union Plaza, 1 Union Wynd, Aberdeen, AB10 1DQ, United Kingdom, Phone: 01467 634797, Cell: 07796 956973, paul.higginson@packersplus.com, www.packersplus.com


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