halliburton landmark barnett shale case study

1
CHALLENGE SOLUTION RESULTS Improved Well Performance Increased Economic Value of the Asset Inconsistent early production indicated asset was marginal Well to Fractures communication hindered production flow Complications in geosteering and fracturing due to wellbore proximity between sweet spot and clay-rich geohazards Historical completion design showed poor correlation between completion metrics and production CYPHER ® Seismic-to-Stimulation Service with DecisionSpace ® Unconventionals is aimed at maximizing overall well productivity Detailed reservoir characterization undertaken identifies optimal reservoir zones Well targeting and geosteering program optimizes lower shale targets Efficient redesign of fracture stimulation treatments improves correlation between completions and production 1.4 0.2 0.4 0.6 0.8 1.0 1.2 22 23 28 27 26 25 24 29 30 31 32 33 34 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1 PROBABILITY NORMALIZED EUR Well Performance After Optimized Placement and Completion is Consistent and Impressive NORMALIZED EUR WELL NUMBER Pre – DecisionSpace ® Unconventionals Post – DecisionSpace ® Unconventionals Improvement in EUR 95% Decrease in $/BOE 40% Reduction in Production Variability 50% 1.4 0.2 0.4 0.6 0.8 1.0 1.2 1 2 3 4 5 6 7 8 9 10 11 12 Disappointing Well Performance of First 12 Wells NORMALIZED EUR* WELL NUMBER *EUR normalized to best pre-project well IMAGE DEPICTS REVISED WELL PATH AGAINST PRE-PROJECT WELL PATH. REVISED WELL PATH SHOWS WELL STAYING WITHIN THE BEST QUALITY OF THE RESERVOIR. WELL PATH PRE-PROJECT REVISED WELL PATH BARNETT SHALE WISE COUNTY STUDY AREA © 2016 Halliburton, Inc. All rights reserved. Sources: 1. URTeC 1920572 2. SPE 168583 DecisionSpace ® Unconventionals solution is the industry’s first comprehensive suite of geoscience, reservoir, drilling, production and economics applications delivered on a single platform, optimized for managing the lifecycle of unconventional resources. It helps companies drive reservoir performance by helping them focus on improving cost of barrel per oil equivalent, enhancing frac performance, increasing recovery, and reducing risk and uncertainty. Landmark.Solutions ACHIEVING TOP PERFORMANCE WITH CYPHER ® SERVICE POWERED BY DECISIONSPACE ® UNCONVENTIONALS BARNETT SHALE CASE STUDY

Upload: others

Post on 12-May-2022

14 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Halliburton Landmark Barnett Shale Case Study

CHALLENGE

SOLUTION

RESULTSImproved Well Performance → Increased Economic Value of the Asset

Inconsistent early production indicated asset was marginal

Well to Fractures communication hindered production flow

Complications in geosteering and fracturing due to wellbore proximity between sweet spot and clay-rich geohazards

Historical completion design showed poor correlation between completion metrics and production

CYPHER® Seismic-to-Stimulation Service with DecisionSpace® Unconventionalsis aimed at maximizing overallwell productivity

Detailed reservoir characterization undertaken identifies optimal reservoir zones

Well targeting and geosteering program optimizes lower shale targets

E�cient redesign of fracture stimulation treatments improves correlation between completions and production

1.4

0.2

0.4

0.6

0.8

1.0

1.2

22 23 2827262524 29 30 31 32 33 34

0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1

PRO

BA

BIL

ITY

NORMALIZED EUR

Well Performance After Optimized Placement and Completion is

Consistent and Impressive

NO

RMA

LIZE

D E

UR

WELL NUMBER

Pre – DecisionSpace®

Unconventionals

Post – DecisionSpace®

Unconventionals

Improvementin EUR95%

Decreasein $/BOE40%

Reduction inProductionVariability

50%

1.4

0.2

0.4

0.6

0.8

1.0

1.2

1 2 3 4 5 6 7 8 9 10 11 12

DisappointingWell Performance

of First 12 Wells

NO

RMA

LIZE

D E

UR*

WELL NUMBER

*EUR normalized to best pre-project well

IMAGE DEPICTS REVISED WELL PATH AGAINSTPRE-PROJECT WELL PATH. REVISED WELL PATH

SHOWS WELL STAYING WITHIN THEBEST QUALITY OF THE RESERVOIR.

WELL PATH PRE-PROJECT

REVISED WELL PATH

BARNETT SHALE

WISE COUNTYSTUDY AREA

© 2016 Halliburton, Inc. All rights reserved.

Sources: 1. URTeC 1920572 2. SPE 168583

DecisionSpace® Unconventionals solution is the industry’s first comprehensive suite of geoscience, reservoir, drilling, production and economics applications delivered on a single platform, optimized for managing the lifecycle of unconventional resources. It helps companies drive reservoir performance by helping them focus on improving cost of barrel per oil equivalent, enhancing frac performance, increasing recovery, and reducing risk and uncertainty. Landmark.Solutions

ACHIEVING TOP PERFORMANCE WITH CYPHER® SERVICE POWERED BY DECISIONSPACE® UNCONVENTIONALS

BARNETT SHALECASE STUDY