Methodology
Our method involves a step-by-step process that begins with a comprehensive review of historical data. This includes a look back at previous well performance, field pressure checks, and stage productivity reviews to establish a baseline. We focus on specific inputs such as well survey, surface location, pattern, and vertical log suite of geologic targets. We consider offset wells production and spacing, well completion procedures, frac treatment pressure, frac fluid and pump rate data, as well as operational SOP’s and field conditions. We also utilize leak-off data to understand the fracture surface area created for given operations.
Once the baseline is established, we move to a real-time optimized completion and production demonstration. We incorporate our proprietary algorithms in real-time during the completion process, enabling us to compute productivity estimates for each stage while also verifying these with end of stage leak-off data. Our results are continuously updated and refined during the completion process, providing a dynamic understanding of productivity that is both robust and insightful.
The final step of our methodology involves developing and monitoring well groups by measuring well frac interaction. This allows us to understand how different wells and stages interact with each other and how these interactions affect overall productivity.
We believe that our methodology, which combines a deep analysis of historical data with real-time optimization and ongoing monitoring, sets us apart in the industry. It allows us to provide our clients with insights that are timely, relevant, and actionable, helping them to maximize productivity and efficiency in their operations.