ProFrac Beats Breakeven on Hookup with Seismos
ProFrac Holding Corp. (NASDAQ: ACDC) shares were in positive territory Monday, as the company and Seismos today announced a strategic partnership for the launch of Closed Loop Fracturing, now available across all major U.S. basins.This bold move marks the first large-scale deployment of an extensively operator-validated, real-time quality control system, enabling fully automated Closed Loop Fracturing. The system redefines how completions are measured, optimized, and scaled, and illustrates ProFrac's relentless drive to bring its customers the best available fracturing technology, as well as ProFrac's confidence in its quality of services, where every stage is independently benchmarked by Seismos' technology."This partnership with Seismos builds on the foundation we've laid with ProPilot," said Matt Wilks, Executive Chairman of ProFrac. "By combining ProPilot's surface automation with Seismos' subsurface intelligence, we're delivering more control to operators through dynamic completion design that optimizes hydrocarbon recovery. It's the next evolution of how ProFrac brings accountable performance to our customers, with Seismos acting as an independent auditor of downhole performance."ProFrac and Seismos are offering two deployment models to fit different operator needs:SUPERVISED MODE: Engineers and completion teams can act in real-time using a continuous stream of validated subsurface data. This allows on-the-fly optimization of stage design, fluid placement, and perforation strategy, while the stage is still active. Every decision is based on measurements.UNSUPERVISED MODE: For operators ready to automate repeatability, this mode allows the system to execute a set of pre-defined decisions based on real-time responses. ACDC shares took on eight cents, or 2.1%, to $3.62.
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