July 2020
Company Spotlight
ReStream Solutions
For this Company Spotlight, we interviewed ReStream Solutions, a Tally Energy Services subsidiary, President, Billy Roberts, about how they are helping operators optimize frac efficacy and production-related processes. Through the integration of proprietary software/hardware offerings, ReStream monitors fluid chemistry, rheology and process variables in real-time, while providing automation tools to the chemical application process. For more information on ReStream, please visit restreamsolutions.com.
Background: ReStream was founded in 2016 by a team that was focused on recycling produced water for frac use. In order to achieve uniform fluid system application, and obtain the tool sets necessary to identify frac fluid efficacy, ReStream began the process of developing a system that could react to constantly changing fluid conditions and give customers the controls and visibility required to handle the dynamic conditions often experienced on a frac pad. Fast forward to today, ReStream offers an integrated solution that combines sensor hardware with a cloud-based dashboard and notification system that not only collects data in real-time but also automatically transforms it into valuable information for both E&P operators and completion service providers.
Value Proposition: By utilizing ReStream’s solution, customers realize the following benefits:
Chemical Cost Savings: The ability to monitor chemistry, rheology, and process data of fluids flowing in and out of the on-site blender/hydration unit, and determine the optimal dosages of different chemical additives in real-time, such as friction reducers and biocides, enables ReStream’s customers to avoid using excess chemicals and achieve uniform application while also maximizing frac efficacy.
Remote Access: Digitizing equipment on the well pad enables ReStream’s customers to decrease costs while also making their workforces more efficient and effective, as they can now oversee multiple completion jobs simultaneously while still being able to finetune operations in real-time as needed.
Engineering Support: ReStream’s data and information offering does not stop at the end of the frac job. It also provides valuable insight into what best practices can be applied towards other wells with similar characteristics, which enables engineers to adapt their approach much quicker.
Current Initiatives: Already offering solutions for frac optimization as well as produced water analysis, production enhancement, and drilling data dashboards, ReStream continues to develop adjacent technologies that will enable it to analyze and optimize fluids that are critical throughout the process of constructing and maintaining oil and gas wells. Examples of adjacent focus areas include fluids used in drilling, frac plug drill-outs, and production chemical treatment operations. In addition to these initiatives, ReStream plans to continue to implement API support for other software solutions in an effort to create an agnostic data flow to operators.
Closing Thoughts: As the energy industry continues its pursuit of technologies that enable doing more with less, it is important to collect data related to critical variables that directly affect a well’s production profile, such as completion fluids. Further, the ability to quickly translate that data into useful information leads to more effective and timely decision making and ReStream is an example of a company offering such a solution. We look forward to following the company and seeing how ReStream and Tally continue to enable operators to improve profitability.