Since its start-up in 1999, Calfrac has grown organically and through opportunistic and strategic acquisitions. Geographic expansion has been selective and includes entry into both conventional and unconventional oil and gas markets. Over the years, Calfrac expanded operations from its first base in Canada to include the United States and Argentina. Each entry was driven by corporate expertise but would not have been possible without local management teams.


  • Consolidated our United States operating presence into Rockies and Marcellus
  • Calfrac ends the year with Total Recordable Incident Frequency (TRIF) at 1.10 and the United States Division ends the year with TRIF at 0.63


  • The Company completed the Recapitalization Transaction on December 18, 2020


  • Smithfield, Pennsylvania location becomes certified under API Q2
  • Record 2,720 tonnes of proppant pumped in one 24-hour period on a multi-well pad in the Duvernay
  • Awarded Top Vendor of the Year by a leading independent natural gas and NGL producer for the second consecutive year


  • 1.2 million HP across North America fracturing fleets
  • Pumped 3.9 million tons of proppant
  • Opened full service technology center in Houston, Texas
  • Grande Prairie, Alberta location becomes certified under API Q2
  • Awarded Top Vendor of the Year by a leading independent natural gas and NGL producer


  • Commenced operations in the Permian Basin and opened base in Artesia, NM
  • Calfrac Pump School launched to accelerate safe onboarding of new hires


  • Calfrac ends the year with Total Recordable Incident Frequency (TRIF) at 1.16
  • A seventh North America location becomes certified under API Q2
  • Calfrac’s sand terminals increases to 13 and North American sand storage reaches 140k US tons


  • Calfrac becomes the first pressure pumping company to receive the American Petroleum Institute’s Specification Q2
  • Six Calfrac locations in North America become certified under API Q2 and ISO 9001


  • Calfrac acquires the assets of Mission Well Services and enters the Eagle Ford Basin
  • Calfrac’s fleet reaches 1 million horsepower
  • Founder Doug Ramsay announces his retirement as Calfrac CEO and is succeeded by Fernando Aguilar
  • Calfrac launches its Employee Responsibility Training, an online and hands-on field training program


  • First horizontal multi-stage hydraulic fracturing job is completed in Mexico
  • Calfrac begins horizontal multi-stage hydraulic fracturing in Russia
  • The Southern Alberta Institute of Technology (SAIT) recognizes Calfrac founders Doug Ramsay and Ron Mathison with the Ramsay Centre for Petroleum Engineering Technology and the Mathison Drilling and Geosciences Lab


  • A district office is opened in North Dakota to serve the Bakken play


  • Calfrac continues to grow with two important acquisitions that added an additional 115,000 hydraulic horsepower to its fleet
  • Calfrac enters the Marcellus Shale play and the Cardium Light Oil play


  • Expansion within Latin America continues with entry into the cementing market in Argentina


  • Calfrac expands its focus to include the unconventional market with entry into the Duvernay and Horn River basins
  • Calfrac expands to Latin America with entry into Mexico
  • Acquisition of a chemical company allows Calfrac to bring chemical R&D requirements in-house


  • First multi-stage hydraulic fracturing treatment of a horizontal well is completed in the Fayetteville Basin


  • Calfrac enters Russia to provide coiled tubing services to a major Russian oil and gas operator
  • Expansion in the United States continues with district operations established to serve the Piceance and Uintah Basins


  • Calfrac becomes a publicly traded company on the Toronto Stock Exchange (TSX)
  • Calfrac reduces footprint at the wellsite with the addition of a combination blender-pumper


  • Service offering expands to include Cementing and Acidizing
  • Large diameter mast-style coiled tubing rig is completed and revolutionizes shallow gas fracturing
  • First quintuplex nitrogen pumper designed to fracture natural gas from coal is developed by Calfrac and added to fleet


  • Calfrac enters the United States with the opening of a regional office in Denver, Colorado and a field office in Platteville, Colorado to serve the DJ Basin


  • Presence established in central Alberta to serve the Cardium, Duvernay and Viking plays
  • New spread of hydraulic fracturing equipment is built to stimulate shallow natural gas wells


  • Calfrac begins operations in Calgary, Canada
  • First field service performed was a coiled tubing job near Medicine Hat, Canada