Numerical modeling of hydraulically fractured horizontal wells to maximize asset value.
NITEC has broad experience in use of numerical modeling of hydraulically fractured horizontal wells in maximizing asset value. NITEC's proven technology and workflow help design and optimize asset development by addressing critical decision questions.
| Formation | Projects | Percentage |
|---|---|---|
| Eagle Ford | 22 | 23.7% |
| Eagle Ford HnP / EOR | 18 | 19.4% |
| Permian | 18 | 19.4% |
| Bakken / Three Forks | 15 | 16.1% |
| Meramec / Osage | 5 | 5.4% |
| Montney | 4 | 4.3% |
| Mississippi Lime | 3 | 3.2% |
| Barnett | 3 | 3.2% |
| Niobrara | 2 | 2.2% |
| Austin Chalk | 1 | 1.1% |
| Other | 2 | 2.2% |
Over 100 reservoir modeling studies have been performed using NITEC's workflow. Formations include Bakken, Three Forks, Eagle Ford, Barnett, Wolfcamp, Spraberry, 3rd Bone Sand and Shale, Mississippi Lime, Niobrara, Montney, Meramec, Osage, Pinedale, and Woodbine.
NITEC's workflow integrates all available data for enhanced reservoir and well performance understanding. A numerical simulator (RKS-6X) with special geomechanical formulation for SRV modeling is used, developed with NITEC's guidance.
Investigation of interference impact on well performance and parent-child relationships. Optimized well spacing per section based on injected frac volume.
Used an 8-well calibrated simulation model to investigate feasibility of huff and puff gas injection for full-field development.
Via a 6-well simulation model, NITEC provided optimum spacing and frac size for different benches of producing formations.
Client sought to improve completion practices. New infill well surpassed original parent well's total production within months.
Evaluation of different spacing strategies for exploration purposes using publicly available data.
Rapid evaluation of a field targeted for bidding. Model assessed upside potential and quantified project uncertainties.