US Patent Issued to Liberty Energy Services on June 17 for "Systems and methods for hybrid model hydraulic fracture pressure forecasting" (Canadian, American Inventors)

ALEXANDRIA, Va., June 19 -- United States Patent no. 12,332,399, issued on June 17, was assigned to Liberty Energy Services LLC (Denver).

"Systems and methods for hybrid model hydraulic fracture pressure forecasting" was invented by Leen Weijers (Denver), Andrew Bonnell (Calgary, Canada), Ely Lolon (Denver), Zhijun Liu (Littleton, Colo.), Karn Agarwal (Denver), Robert Henderson (Denver) and Michael Mayerhofer (Denver).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for determining pressure in a hydraulic fracturing system for a well includes a processing module executing code and configured to receive a plurality of input parameters. The processing module can predict either a bottomhole pressure, base...