Maximizing Completions By Incorporating Geological Findings Into Profitable Hydraulic Fracturing Strategies

Maximizing Completions By Incorporating Geological Findings Into Profitable Hydraulic Fracturing Strategies

As the U.S. market becomes saturated with low-price shale gas, Oil & Gas E&P companies are increasingly focusing their resources on more lucrative liquid-rich shale plays including the Bakken, Niobrara and Eagle Ford in search of higher value tight oil deposits.  Advances in hydraulic fracturing mean recovering tight oil from shale plays is becoming more and more economical and companies are rushing to acquire and exploit acerage in the formations where this oil is contained.

The Tight Oil From Shale Plays World Congress 2011 was the first conference to bring together senior decision-makers from the leading E&P companies in North America to share the cutting-edge geological and completions strategies, technologies and techniques that they are using to maximize the recovery of tight oil from shale plays.
This event was the third in our groundbreaking Shale Series in which agendas are based on in-depth systematic research with over one hundred industry professionals per project and address the most challenging issues in the market today.
Day one took a critical approach to evaluating the leading methodologies and technologies used to interpret geological characterization in a way that can be directly applied to successful completions. The unique issues of measuring and interpreting data on unconventional rock mechanics, hydrocarbons in place,  porosity, permeability and wetability are underpinned by the end goal of determining play viability and developing an oil-maximizing completions strategy.
Day two followed by examining how to integrate the critical geological findings into a completions strategy demonstrated by case studies and tried and tested best practices from leading operators. Cutting edge hydraulic fracturing technologies will be evaluated against production efficiency and take-away solutions will be provided for determining  successful completions  techniques using optimal fluid volumes, pump pressures, fluid compositions and natural fracture intersection.

ATTENDEES GAINED :

• Heard from key tight oil industry players on how to practically analyze rock property data to overcome the unique unconventional reservoir challenges
• Core and seismic data analysis methodologies were evaluated to determine best practices for integrating findings into a successful completions strategy
• The most accurate methodologies were be scrutinized for calculating EUR and scoping out return on investment for the next big play
• Completions strategies were broken down and examined to determine successful methods for integrating geological findings into the hydraulic fracturing plan
• Completions techniques and technologies were be evaluated against real life examples to show how they are maximizing oil recovery