Well Spacing & Completions Optimization Eagle Ford 2014
Organization: American Business Conferences
|Event Date/Time: Jul 15, 2014||End Date/Time: Jul 16, 2014|
Improvements in completions and recovery techniques are rapidly driving the Eagle Ford towards leading the oil production per rig charts, compared to six of the major U.S. shale plays including the Permian, Bakken and Marcellus. Oil & Natural Gas Production Per Rig By Shale Play U.S. Energy Information Administration, Drilling Productivity Report March 2014 Even with production exceeding 1.3 million barrels of oil equivalent per day, well production between zones is highly variable, confirming that the Eagle Ford is not a simple resource and sweet spot trends combined with variable reservoir dynamics are directly impacting completions design across the Upper, Upper Middle and Middle Eagle Ford zones. This geological complexity in multiple producing zones means optimally completing and producing from wells has become increasingly commercially important yet also increasingly difficult. Operators are now actively seeking ways to optimize production targets through an assimilation of reservoir engineering and geological data with completions design. It is vital that these subsurface complexities are understood to enable development of optimal completions as well as determining the all-important point at which incremental production justifies incremental well spacing and completions cost. These subjects continue to be the make or break of well economics. The primary mission of the Eagle Ford Well Spacing & Completions Optimization Congress 2014 is to establish how geological and reservoir data is being used to shape completions designs and improve production performance and economics of horizontal oil recovery in the Upper, Upper Middle and Middle Eagle Ford as well as the Austin Chalk and Pearsall formations. Based wholly on operator-led data with the sole focus of determining which type of completions design yields the highest recovery at the lowest cost, this year's congress is set to be the most commercially valuable and practically applicable yet.