General Meeting: Shale Well Drawdown Management and Surveillance to Avoid EUR Loss and Impact on Re-Fracturing

 

 ABSTRACT of Presentation

Over the last ten (10) years, the shale revolution in North America has shown the great potential that exists in the shale plays and their potential impact in altering the energy picture, not only in North America, but worldwide.  The magnitude of the resource and production data were very encouraging.  Early data, however, showed rapid decline in the first year (as much as 90%), raising some concerns about the long term viability of the predicted Estimated Ultimate Recovery (EUR) values for these wells.  

 To investigate the causes and impact of the observed large annual decline in the first year, multiple technical studies were undertaken.  As a result of these studies, the industry discovered that production practices led to such rapid decline.  Methods to mitigate and reduce these large annual declines and preserve the predicted EUR’s were developed and production practices were adjusted.  The resulting approach, referred to as “Drawdown Management”, was developed and strictly applied in majority of shale plays (gas or oil).  This new drawdown management methodology resulted in reducing the first year production decline to 60% and sometimes less.   

 In this discussion, we will review the elements that were found to greatly impact shale well productivity along with field results showing how this impacted the predicted EUR from these wells.  Furthermore, we will outline the relation between this approach of production management and the need for re-fracturing in shale plays. 

 

Can't attend in person? Register for the WEBINAR ONLY version of this event!

 

 
MENU
 
MIXED GREENS
SMOKED CHICKEN PASTA
CARROT CAKE
 
 
If you have special dietary needs (allergies, religious, etc.), please include special meal requests in the "Comments" section during the registration process.                                                                                                

Registration & Walk-ins 

All attendees are encouraged to register and pay online for this event.  This is a more efficient means of registering for the event and enables the registration process at the meeting to move much faster.  Walk-in space is available on a seat-limited basis at a fee $5 more than the on-line registration fee.

Parking for this event
 
The TOTAL Plaza building (1201 Louisiana Street across from the Houston Hyatt Regency Hotel) is connected to the downtown Houston tunnel system.  Using the tunnel system, those working downtown can walk to our meeting in air-conditioned comfort.
 
If you will drive to this meeting, the following summarizes available parking:
 Valet_parking_at_the_new_Petroleum_Club_location.jpg
The image above shows how to access the valet parking area at the new location of the Petroleum Club. Enter from Milam Street and exit onto Louisiana Street.  Parking fee for this valet parking is $10.  Get discounted valet parking sticker at the meeting registration table or from the Petroleum Club receptionist.
 
Surface parking lots are available to the south of the TOTAL Plaza building (between this building and the former EXXON Building), including one surface lot adjacent to the TOTAL Plaza Building - pay at meter (cost ~ $9).  Other surface lots in the area cost $8 - $9 and they frequently are full by mid-morning.
 
Parking is also available in the Hyatt Regency Hotel parking garage across the street.  Prices vary depending on time in the garage.  Cost for 2 hours of parking is $9.  Parking is also available via valet at the Louisiana Street entrance of the hotel.  Cost is $10. 
 
 
 

Location: PETROLEUM CLUB, 35th Floor, TOTAL Building
1201 LOUISIANA STREET
Houston , Texas 77002

Date: Jan. 14, 2016, 11:30 a.m. - Jan. 14, 2016, 1 p.m.