Jan. 22, 2014


Description

Production for Unconventional Reservoirs is a complicated issue. We have developed reservoirs over the years with widely varying properties. Early reservoirs usually consisted of formations with very high permeabilities and the capacity to produce naturally. Pressure transients in the reservoirs reached the boundaries in a matter of days, hours or even minutes or seconds in some cases. Hydraulic fracturing was introduced and developed to enable lower permeability reservoirs to produce at economic rates through traditional vertical wellbores. Horizontal drilling was combined with hydraulic fracturing to open the door to the development of even lower permeability reservoirs. The pressure transients in these reservoirs may take months or even years to reach reservoir boundaries. Why is the time it takes for the pressure transient to move through the reservoir important? It determines the efficiency in which the reservoir can be drained and the time to get that done. Time is important as the economic success depends on recovering our investment in a timely manner. This talk will focus on the factors surrounding fracture treatments that effect the economics and productivity of a horizontal well in a Unconventional Reservoir.


Featured Speakers

Speaker: Stephen Schubarth
Speaker Stephen Schubarth
Stephen Schubarth has been working in the Oil & Gas Industry for over 32 years. Most of his career has been focused on the design, implementation and evaluation of hydraulic fracture treatments in reservoirs here and around the world. He has authored/co-authored over 25 papers and articles, mostly emphasizing the …

Stephen Schubarth has been working in the Oil & Gas Industry for over 32 years. Most of his career has been focused on the design, implementation and evaluation of hydraulic fracture treatments in reservoirs here and around the world. He has authored/co-authored over 25 papers and articles, mostly emphasizing the use of proppants in hydraulic fracture design. Steve is currently the President of Schubarth Inc and Schubarth Software Systems LLC which is developing a new type of fracture design and evaluation software for the industry.

Full Description



Organizer

Jonathan Godwin


Date and Time

Wed, Jan. 22, 2014

11:30 a.m. - 1 p.m.
(GMT-0500) America/Chicago

Event has ended

Location

Greenspoint Club

16925 Northchase Dr.
Houston, Texas 77060
USA