FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2896539852> ?p ?o ?g. }

• W2896539852 abstract "Abstract Well spacing optimization is one of the most important considerations in unconventional field development. The Appalachian basin development has been increasingly prevalent in the last decade due to substantial production performance from Marcellus, Upper Devonian, and Utica/Point Pleasant Shale plays. The majority of operators have been in a manufacturing mode, where a standard well spacing and completions design have been applied to a field with less emphasis on optimizing the net asset value of the field. NAV can be improved through modeling and various optimization workflows such as numerical simulation, machine learning, and linear programming. The essence of field development and optimization is to use completions design, as well as well spacing, to optimize the net present value of the field based on current commodity pricing, capital expenditure, operating cost, cycle time, and net revenue interest. A substantial change in any of these essential factors must be studied to make sure the appropriate changes are accounted for in the field development and optimization. Determining the optimum well spacing that coincides with the completion design can often be challenging and time consuming due to complexity of some governing factors such as geology, engineering, and economic analysis. For instance, if optimum well spacing and completions design were developed in a geologically noisy and complex reservoir, the outcome may no longer be valid in a discreet and quiet area. In addition, if well spacing and completions design were developed for a high commodity pricing environment, performing the same workflow and evaluation at a lower commodity pricing would yield an increase in well spacing. The dynamic nature of the oil and gas industry, specifically these essential factors, could cause complications with selecting the optimum well spacing and completion design to maximize the shareholder's value. Therefore, a fast-paced and dynamic workflow has been developed, that can be applied in different shale reservoirs, to maximize the present value of these assets. This paper will walk through the step-by-step process that can be applied to any unconventional shale play to optimize the field considering geology, engineering, and economic analysis. The objective of this paper is to go through a fast-paced optimization workflow, starting with a fracture model, coupled with a production model using numerical simulation to obtain a calibrated model, and finally performing detailed economic and sensitivity analysis to obtain the optimum well spacing and completions design, which would yield the highest net present value of the field." @default.
• W2896539852 created "2018-10-26" @default.
• W2896539852 creator A5025522590 @default.
• W2896539852 creator A5058101275 @default.
• W2896539852 date "2018-10-07" @default.
• W2896539852 modified "2023-09-26" @default.
• W2896539852 title "A Fast-Paced Workflow for Well Spacing and Completions Design Optimization in Unconventional Reservoirs" @default.
• W2896539852 cites W2086716425 @default.
• W2896539852 cites W2511843244 @default.
• W2896539852 cites W2754803994 @default.
• W2896539852 doi "https://doi.org/10.2118/191779-18erm-ms" @default.
• W2896539852 hasPublicationYear "2018" @default.
• W2896539852 type Work @default.
• W2896539852 sameAs 2896539852 @default.
• W2896539852 citedByCount "7" @default.
• W2896539852 countsByYear W28965398522019 @default.
• W2896539852 countsByYear W28965398522020 @default.
• W2896539852 countsByYear W28965398522021 @default.
• W2896539852 countsByYear W28965398522023 @default.
• W2896539852 crossrefType "proceedings-article" @default.
• W2896539852 hasAuthorship W2896539852A5025522590 @default.
• W2896539852 hasAuthorship W2896539852A5058101275 @default.
• W2896539852 hasConcept C10138342 @default.
• W2896539852 hasConcept C121955636 @default.
• W2896539852 hasConcept C126255220 @default.
• W2896539852 hasConcept C127413603 @default.
• W2896539852 hasConcept C13736549 @default.
• W2896539852 hasConcept C139719470 @default.
• W2896539852 hasConcept C162324750 @default.
• W2896539852 hasConcept C177212765 @default.
• W2896539852 hasConcept C181230689 @default.
• W2896539852 hasConcept C195487862 @default.
• W2896539852 hasConcept C202444582 @default.
• W2896539852 hasConcept C2778348673 @default.
• W2896539852 hasConcept C2779439359 @default.
• W2896539852 hasConcept C33923547 @default.
• W2896539852 hasConcept C34447519 @default.
• W2896539852 hasConcept C38652104 @default.
• W2896539852 hasConcept C41008148 @default.
• W2896539852 hasConcept C42475967 @default.
• W2896539852 hasConcept C6927289 @default.
• W2896539852 hasConcept C76178495 @default.
• W2896539852 hasConcept C77088390 @default.
• W2896539852 hasConcept C9652623 @default.
• W2896539852 hasConceptScore W2896539852C10138342 @default.
• W2896539852 hasConceptScore W2896539852C121955636 @default.
• W2896539852 hasConceptScore W2896539852C126255220 @default.
• W2896539852 hasConceptScore W2896539852C127413603 @default.
• W2896539852 hasConceptScore W2896539852C13736549 @default.
• W2896539852 hasConceptScore W2896539852C139719470 @default.
• W2896539852 hasConceptScore W2896539852C162324750 @default.
• W2896539852 hasConceptScore W2896539852C177212765 @default.
• W2896539852 hasConceptScore W2896539852C181230689 @default.
• W2896539852 hasConceptScore W2896539852C195487862 @default.
• W2896539852 hasConceptScore W2896539852C202444582 @default.
• W2896539852 hasConceptScore W2896539852C2778348673 @default.
• W2896539852 hasConceptScore W2896539852C2779439359 @default.
• W2896539852 hasConceptScore W2896539852C33923547 @default.
• W2896539852 hasConceptScore W2896539852C34447519 @default.
• W2896539852 hasConceptScore W2896539852C38652104 @default.
• W2896539852 hasConceptScore W2896539852C41008148 @default.
• W2896539852 hasConceptScore W2896539852C42475967 @default.
• W2896539852 hasConceptScore W2896539852C6927289 @default.
• W2896539852 hasConceptScore W2896539852C76178495 @default.
• W2896539852 hasConceptScore W2896539852C77088390 @default.
• W2896539852 hasConceptScore W2896539852C9652623 @default.
• W2896539852 hasLocation W28965398521 @default.
• W2896539852 hasOpenAccess W2896539852 @default.
• W2896539852 hasPrimaryLocation W28965398521 @default.
• W2896539852 hasRelatedWork W2013609424 @default.
• W2896539852 hasRelatedWork W2726892016 @default.
• W2896539852 hasRelatedWork W2917646158 @default.
• W2896539852 hasRelatedWork W3124608932 @default.
• W2896539852 hasRelatedWork W3196850433 @default.
• W2896539852 hasRelatedWork W4200340259 @default.
• W2896539852 hasRelatedWork W4283277549 @default.
• W2896539852 hasRelatedWork W4382787281 @default.
• W2896539852 hasRelatedWork W78818235 @default.
• W2896539852 hasRelatedWork W176686259 @default.
• W2896539852 isParatext "false" @default.
• W2896539852 isRetracted "false" @default.
• W2896539852 magId "2896539852" @default.
• W2896539852 workType "article" @default.