Using Production Data to Characterize Reservoir and Completion Properties to Improve Completion & Well Spacing Economics

Dec. 14, 2023


Description

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 be drilled and completed and produced before an answer may present itself.  Smaller operators do not have this luxury or deep pockets. 

This talk will present some methods for characterizing the critical values of formation permeability, effective fracture half-length and number of producing fractures along a lateral so that both completion optimization and well spacing optimization are possible with a minimal amount of “free” data. 

Darcy’s Law does work in Unconventional reservoirs.


Featured Speakers

Speaker: Stephen Schubarth
Speaker Stephen Schubarth

Stephen Schubarth has been working in the industry for over 40 years.  His primary focus during this time has been the design, implementation and evaluation of hydraulic fracturing in oil and gas wells.  He has authored/coauthored over 30 publications focused on this topic.  Steve is currently has his own consulting …

Stephen Schubarth has been working in the industry for over 40 years. 

His primary focus during this time has been the design, implementation and evaluation of hydraulic fracturing in oil and gas wells.  He has authored/coauthored over 30 publications focused on this topic. 

Steve is currently has his own consulting company, Schubarth Inc and is successfully working to improve completion and well spacing economics in Unconventional Reservoirs. 

He has BS & MS degrees in Petroleum Engineering from TAMU and has been a member of SPE since 1977.

Full Description



Organizer

Prithvi Chauhan


Date and Time

Thu, Dec. 14, 2023

11 a.m. - 1 p.m.
(GMT-0600) US/Central

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Location

Maggiano's Little Italy

2019 Post Oak Blvd
Houston, Texas 77056
United States of America



Group(s): Reservoir