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ENERGY & UTILITIES | Oil & Gas Production & Exploration
rocketfracservices.com

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Founded Year

2017

About RocketFrac Services

RocketFrac Solutions is focused on the development of environmentally safe well stimulation tools and technology. RocketFrac employs a propellant-based fracturing process that uses a uniquely formulated solid rocket propellant to generate high-pressure gases for fracturing rock formations.

RocketFrac Services Headquarter Location

Central Park Plaza 1050, 340 - 12 Avenue SW

Calgary, Alberta, T2R 1L5,

Canada

403-879-0950

Latest RocketFrac Services News

RocketFrac Names Edward Loven President and Director and Pavan Elapavuluri Chief Technical Officer

Jun 11, 2019

Seasoned Oil and Gas Industry Veterans and Entrepreneurs Join Executive Team June 11, 2019 11:19 AM Eastern Daylight Time CALGARY, Alberta--( BUSINESS WIRE )--RocketFrac Services Ltd. (“RocketFrac” or the “Company”), an energy technology company focused on the development of innovative waterless well-stimulation systems, today announced the appointment of seasoned industry executives Edward Loven as President and Director and Pavan Elapavuluri as Chief Technical Officer (CTO). In these roles, Loven and Elapavuluri will lead RocketFrac in launching and delivering to the market the Company’s water- and proppant-free fracing solution. Edward Loven brings more than 35 years of international energy industry experience with a focus on creating value propositions within proprietary assets related to exploration and commercial exploitation. In addition to founding and leading companies in both oil field services and development, Mr. Loven has experience structuring, negotiating and closing large exploration asset transactions related to upstream assets. Mr. Loven maintains numerous strategic relationships throughout the oil and gas industry and has worked on a large number of exploration opportunities involving major oil and gas entities, as well as many intermediate and junior partners in the development of early production opportunities. Pavan Elapavuluri is a PhD geophysicist with more than 15 years of experience in energy exploration and oilfield technology. He served in Schlumberger’s Houston research labs for over six years working on cutting-edge seismic exploration techniques. He then created his own company, RARE-Services, where he acted as CTO before selling the company and its patents to Advance Seismic Technology. “RocketFrac was founded by oil and gas industry veterans with a vision to transform the sector, and we have designed break-through fracing technology that allows for economically efficient and environmentally friendly oil and gas recovery – without the need for water or proppant,” said Ronald R. Spoehel, Chairman. “Considering Ed’s and Pavan’s expertise, proven track records and deep industry networks, they have ideal backgrounds to now lead our commercial launch efforts and deliver our solution to the market. We are honored to welcome them to the RocketFrac leadership team.” About RocketFrac Services Ltd. RocketFrac Services Ltd. (RocketFrac), a private Canadian company headquartered in Calgary, Alberta, has developed a fracing system utilizing its patent-pending tool and a customized blend of solid rocket fuel not only to improve well productivity, but also to address some of the most pressing problems facing the oil and gas industry today. Environmentally safe and completely waterless, RocketFrac's technology maximizes fracing efficiencies, to deliver sustainability and economic value for oil and gas producers and their stakeholders.

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RocketFrac Services Patents

RocketFrac Services has filed 1 patent.

The 3 most popular patent topics include:

  • Drilling technology
  • Oil wells
  • Petroleum engineering
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/26/2017

Petroleum production, Drilling technology, Oil wells, Petroleum engineering, Petroleum geology

Application

Application Date

9/26/2017

Grant Date

Title

Related Topics

Petroleum production, Drilling technology, Oil wells, Petroleum engineering, Petroleum geology

Status

Application

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