Oxane Materials Names Dr. Stephen Holditch as Chairman of the Board
Oxane Materials, a Houston-based marketer and manufacturer of Advanced Ceramic Proppant™, has named Dr. Stephen Holditch its Chairman of the Board of Directors. In his role, Dr. Holditch will play a critical role in the growth, strategic direction and operations of Oxane.
“Dr. Holditch’s name is synonymous with hydraulic fracturing. He will facilitate our customers’ achievement of increased oil, liquids, and gas production through the use of our Advanced Ceramic Proppant™,” said Chris Coker, president of Oxane Materials.
“I joined Oxane after reviewing the technology and determining that Oxane’s Advanced Ceramic Proppant™ could be valuable in developing deep shale formations,” said Dr. Holditch. “It is a new technology that the industry should embrace to improve oil and gas recovery in unconventional reservoirs.”
Dr. Holditch is a decorated professional in the energy industry. Most recently, he received the 2014 Legends of Hydraulic Fracturing Award from the Society of Petroleum Engineers for his lifetime achievement in the industry. Previously, he was elected to the National Academy of Engineering (NAE), the Russian Academy of Natural Sciences and the Petroleum Engineering Academy of Distinguished Graduates, in addition to receiving numerous other industry accolades.
Dr. Holditch is a graduate of Texas A&M University where he received bachelors, masters and doctorate degrees in petroleum engineering. Since 1976 he has served as a Professor Emeritus of Petroleum Engineering at Texas A&M and previously served as the Director of the Texas A&M Energy Institute (January 2011-January 2013) and the Head of the Harold Vance Department of Petroleum Engineering at Texas A&M (January 2004-January 2012).
Oxane’s patented Advanced Ceramic Proppant™ travels more deeply and more uniformly into oil and gas formations while also affording a more conductive channel for oil and gas to flow to the wellbore. As a result, more hydrocarbons are produced at a more rapid rate relative to wells propped with conventional proppants.
For more information about Oxane Materials and its Advanced Ceramic Proppant™ visit www.oxanematerials.com or contact Clay Border at 832-917-1090.