In this lower price environment, many operators are looking to technology to help minimize cost and improve production. In this presentation, Sudhendu Kashikar will cover how microseismic technology is being reinvented to provide invaluable information to both completions and reservoir engineers.
Because microseismic technology uses actual recorded data away from the wellbore, it is one of the few technologies that can provide insight into some of the unanswered questions operators have. This presentation will discuss the technology of monitoring and optimizing refracs including early findings from this work – such as the identifying effectiveness of diverters, impact of treatment pressure on re-frac, and how to identify and delineate newly created fractures from pre-existing, depleted fractures. The presentation will also introduce a method for better understanding production through use of microseismic constrained reservoir simulation.