The oil and gas downturn has impacted initiatives along multiple fronts; from exploration to drilling to stimulation operations. Breakthrough technology deployment have a crucial role to play in this downturn, as accuracy, cost efficiency and safety dictates the success of today’s operations more than ever. Cost efficiency through operational excellence, doesn’t necessarily mean an abrupt reduction in expenses; but requires predictive models to reduce risk and increase accuracy.
Recent advances in computational geomechanics offer predictive models and for achieving operational excellence. This presentation will focus on four geomechanics technology areas namely;
- Forward Modeling: Modeling evolution of geological structures”,
- Reservoir-Geomechanics Coupling: Modeling depletion/injection induced changes in the reservoir
- Wellbore Modeling: Modeling all stages of wellbore processes; from excavation to stimulation
- Hydraulic Fracturing: Modeling massive hydraulic fracture treatments
The integration and application of these technology areas to improve completion & production practices will be demonstrated with examples.
Core Technology Focus Areas