One of the most critical issues operators encounter is when a frac plug gets stuck in the wellbore during RIH. The repercussions of such incidents can be costly and time-consuming, impacting the entire operation and economic factors. Let's break down the potential setbacks: 

· Waiting for Coil (1-2 days): Every moment counts in the oil and gas industry. Waiting for coil for 1-2 days is significant downtime; 

· Rigging up Coil (0.5 - 1 day): Rigging up the coil is a necessary step, but it adds additional time to the overall operation; 

· Fishing Operation (8-12 hrs on a good day): In the worst-case scenario, if you had to break wireline, then fishing operations become necessary, consuming valuable time; 

· Rigging Down Coil and Rigging Up Wireline again (0.5 day or longer): Transitioning requires execution, further delaying the completion of the well; 

· Frac Fleet on Standby: The entire frac fleet remains on standby during these downtime, incurring additional costs. 

The cumulative effect of these factors is not just a financial burden but also jeopardizes the timeline for completing the well and bringing it into production. The cost of coil alone can range from $300k to $400k, and when factoring in the standby fees for the frac fleet, the numbers escalate rapidly. 

With over 90,000 runs worldwide, Vertechs dissolvable frac plugs are designed to help service companies and operators by preventing issues during RIH, reduce the risk of breaking wireline and mitigating fishing operations. They also allow our operators to minimize downtime and save costs by eliminating the need for expensive coil interventions and standby fees. 

Get in touch with engineering@vertechs.com, let's have a conversation to determine the best solution for your operation.