Company Performance Metrics
- Andrew Barron: Co-Founder
Bill Clark: Vice President of Business DevelopmentPast Role: SLB, Vice President of Sales
Oxane is commercializing nanotechnology-enhanced propping agents (“proppants”) that address “Holy Grail” oil and gas technical challenges. OxFrac is a hydraulic fracturing proppant that combines superior proppant transport (“low weight”) with ceramic conductivity (“high strength”).
OxFrac's value proposition is multifaceted and can be
summarized as "more oil, more gas, more quickly." Modeling suggests that OxFrac should improve initial production by 50%, shallow production decline by as much as 15%, and improve total recovery by as much as 30%. These value components are compounded when it is considered that OxFrac should also afford the meaningful cost and environmental benefits. Oxane is focused on providing benefits to its investors, customers, and all other stakeholders.
