LET THE ROCK GUIDE YOU

By | November 1st, 2016|Categories: Analytics|

As indicated in our previous posts, oil and gas operators typically want answers to three primary questions as they complete their wells: 1. How do I increase production/EUR from each well (e.g. better drilling and completion design)? 2. How do I cut completion costs? (e.g. diminishing marginal returns from number of stages or volume of proppants)? 3. How do [...]

Use of Data and Modeling for Completions Optimization in Unconventionals

By | October 17th, 2016|Categories: Analytics|

In our previous post, “Will Tools, Data, Science or Courage Boost Completions in Unconventionals”, Darcy Partners looked at contending methods for solving the completions efficiency dilemma. Here we will review the case of data and modeling. It is soundly understood that well performance is a function of both reservoir quality and completion performance. However, in the [...]

WILL TOOLS, DATA, SCIENCE OR COURAGE BOOST COMPLETIONS IN UNCONVENTIONALS ?

By | October 6th, 2016|Categories: Analytics|

Completions are a significant cost for E&P operators, contributing to roughly 2/3 of the overall cost of an unconventional well. Meanwhile, we are challenged with with sub 10% recovery factors and various reports indicate that 30-50% of completion stages do not actually contribute to production. This has left a significant room for optimization. As we have begun [...]