Oct. 21, 2015


Description

Are unconventional reservoirs different than reservoirs we have worked with in the past? Do the created fractures propagate differently?  Are the equations that govern production different than in conventional reservoirs?  This presentation will focus on how unconventional reservoirs are just an extension of the same reservoirs we have completed using hydraulic fracturing over the past 67 years.  Yes, there are differences.  Yes, the treatment optimization process is more complicated.  It has been complicated by the fact that now we have both a fracture treatment optimization and a well density challenge involved in the completion of a single well.  This presentation will discuss the optimization process for horizontal wellbores, the geometry of created fractures in horizontal wells, and the fallacy of IP as an optimization parameter.  The economic process of optimizing completions in unconventional horizontal wellbores will be presented.  It will be demonstrated that this process can be performed in a timely manner, and the results from a few wells can lead to improved economics, the efficient use of capital, and improved profitability.


Featured Speakers

Speaker: Stephen Schubarth
Speaker Stephen Schubarth
Stephen Schubarth is the president of Schubarth Inc., an oil and gas consulting company.  He has been in the business of completing oil and gas wells for over 34 years.  Steve has worked in numerous producing basins in the U.S. and internationally.  He has worked for operators, pumping service companies, …

Stephen Schubarth is the president of Schubarth Inc., an oil and gas consulting company.  He has been in the business of completing oil and gas wells for over 34 years.  Steve has worked in numerous producing basins in the U.S. and internationally.  He has worked for operators, pumping service companies, proppant manufacturers, and as a consultant along the way.  He has authored/coauthored numerous SPE papers and technical articles, most of which pertained to the optimization of completions through the use of hydraulic fracturing.  Steve has B.S. and M.S. degrees in petroleum engineering from Texas A&M. 

Full Description



Organizer

Danica Hurd

NOTE TO WEBINAR REGISTRANTS: Webinar sign-in instructions will be emailed with the confirmation email received upon registration and payment.

There may be delays and sound disruptions due to the internet bandwidth at the luncheon facility. 


Date and Time

Wed, Oct. 21, 2015

noon - 1 p.m.
(GMT-0600) US/Central

Event has ended

Location

At your desk



United States







 


 





 

 





Group(s): Westside