LWP Technologies Ltd
Developing innovative Australian technology for the Global Oil & Gas industry. LWP is developing a fly-ash based ceramic proppant for use in hydraulic fracturing (fracking) of unconventional oil & gas wells. Proppants are a major cost component in the fracking process and represent a multi-billion dollar annual global market.
LWP’s unique proppant has the potential to lead the industry due to:
- ultra-light weight 40% lighter than bauxite ceramic proppants currently used in fracking operations;
- high strength ability to withstand the high pressures and temperature of deep wells,
- Low manufacturing costs;
- Abundant availability of fly-ash proximal to oil and gas shale resources.