ABSTRACT OF PRESENTATION  THIS WILL BE A JOINT MEETING WITH THE HOUSTON CHAPTER OF THE AMERICAN PETROLEUM INSTITUTE.    A new tension has emerged in the oil and gas industry – the typical exploration and production (E&P) company has plentiful access to capital and the typical oilfield service (OFS) company has limited access to capital. Up until …

Completion Optimization and Well Spacing Optimization are the goal of every operator.  Many use “Big Data” and near wellbore tools to characterize how fractures grow and production is effected by changes in completion design.  However, there is a very significant capital cost that is involved in these methods and a large number of wells must …