ReStream Awarded Completions Optimization Services by Aethon Energy
AUSTIN, TEXAS – June 15, 2020 – ReStream Solutions, LLC, announces it is deploying its real-time frac monitoring platform to Aethon Energy’s completions in the Haynesville Shale.
“ReStream Solutions is pleased to announce the partnership with Aethon given their position as one of the premier and most prolific operators in the United States,” said Billy Roberts, ReStream’s President. “Aethon’s decision to utilize our FracStream technology emphasizes their focus on operational and cost-efficiency. We are excited to collaborate with them during this time of transformation within our industry.”
ReStream began work with Aethon in 2019 using its FracStream system to monitor fluid chemistry, rheology, and operational parameters in real-time on their Haynesville completions. Through the analysis of these datasets, a focused strategy for real-time cost savings and frac efficiency was tailored toward Aethon-specific KPI’s. This new strategy will be used moving forward on Aethon fracs to give engineers, consultants, and managers the toolsets required to maximize frac efficacy and minimize fluids-related AFE costs.
“As we evaluate more opportunities to virtualize frac supervision and collate data for more efficient decision making on and off location, we are very excited to deploy FracStream on our current fleets. We look forward to the optimization and cost savings around efficacy that ReStream promises to demonstrate,” said Mike Warren, VP Completions for Aethon Energy.
About ReStream Solutions, LLC
ReStream Solutions, LLC, a Tally Energy Services’ company, based in Austin, Texas, was founded in 2016 with a focus on real-time monitoring and data management provisions that optimize well productivity and equipment longevity. ReStream’s primary offerings include their FracStream and AquaStream fleets.
For more information about ReStream, go to www.restreamsolutions.com.
About Aethon Energy Management LLC
Aethon Energy Management LLC is a Dallas-based private investment firm formed in 1990. Aethon has partnered with the Ontario Teachers’ Pension Plan and RedBird Capital Partners to acquire onshore oil and gas assets in North America.
For more information about Aethon, go to www.AethonEnergy.com.
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