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Product Overview
Overview
Rowan Energy Company provides rock knock out equipment to protect both frac pumps and the well from undesirable debris and secondary materials that are mixed in with the proppant stream. By pre-filtering the proppant prior to it reaching frac pumps, Rowan Energy company ensures longer pump life, less downtime during frac operations, and additional protection to the wellbore.
Business Model
The on-going business model is a long-term rental. As of March 2023, unit rentals are $300-$500/day on average with one unit assigned per frac fleet.
Technology Innovations
Unlike the few small competitors in this space, Rowan Energy Company uses a fit-for-purpose filtration solution that removes debris without rapidly clogging or limiting the proppant flow rate during a frac job. This remains true even with high-viscosity frac fluids such as cross-linked fluids or fluids incorporating high viscosity friction reducers.
This contrasts against a more common methodology of repurposing water filtration equipment to serve as proppant filtration.
Applications
Despite the best efforts of the industry, frac sand is not a perfectly clean product when it reaches a rig site. Intermingled with the proppant is a great deal of secondary materials, such as leaves/sticks and other organic materials, assorted trash items, large rocks, and assorted other debris that abraid the wellbore, damage seals and seats within the frac pumps, and potentially create damage within the proppant pack itself.
Rowan Energy Company provides the means to bypass these avoidable sources of equipment damage and NPT by pre-filtering the proppant stream prior to it reaching the frac pumps in a hydraulic stimulation job.