Thursday April 30, 2020 - 9:00 AM MDT
Appropriate well density development is vital to maximize both hydrocarbon recovery and net present value. If the wells are drilled too close together, the wells will interact causing a negative impact on individual well performance. If the wells are drilled too far apart, recoverable oil and gas will be left behind. Appropriate modelling of well interactions on a multi-pad field scale has been seldom done. Utilizing CMG’s unconventional simulation workflows, this webinar presents the results of a full field well placement study performed for an asset in the Bakken.
In the case study, a 10 well history match was performed where the wells were completed with different fracture designs. The results of the history match were utilized to predict the child-parent behavior of the fractures of future wells. Finally, a multi-pad NPV optimization was performed to determine the ideal well placement strategy.
The workflow presented in this webinar was successfully performed on a Bakken asset and is applicable for all unconventional formations and simulations studies. The concepts covered include appropriate model set-up, large scale history matching techniques, parent-child interactions with planar fractures, and field scale optimization.
Kevin is a Senior Reservoir Simulation Engineer with more than seven years of industry experience, especially in the areas of thermal recovery processes and unconventional reservoir simulation. He applies his advanced knowledge and experience to provide unparalleled support and training to customers. He holds a Bachelor of Science in Chemical Engineering from the University of Calgary.