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'Closed bomb' developer gets more money. (TPL Inc. receives funding from Department of Energy for development of multiple-fracture devices for vertical and horizontal well drilling)
An Albuquerque, N.M., company that has been developing special "closed bomb" multiple-fracture devices for conventional vertical and horizontal wells has received additional DOE funding.
Hap Stoller, president of TPL Inc., told IRW his company's project has been approved for second-phase government funding of up to $500,000 to spearhead two-part development of its "tailored pulse" process.
Part of this second-phase development will be use of closed bombs for fracturing oil and gas wells in the Midwest.
The tailored pulse idea is not exactly new, Stoller explained. His company has made improvements to technology developed in the 1980s under the aegis …
