Removing production restrictions for tight oil wells
This applicant's struggle illustrates the trouble many operators are having convincing the regulator to grant them unrestricted production rates for horizontal wells in tight reservoirs. In an effort to convince the regulator, he even submitted his seismic interpretation. But his application was still refused. You can find his application and his seismic using AppIntel.
It's true that the AER grants generous rate limits to horizontal wells. However the associated gas produced from wells in very tight formations rises quickly. Increased gas-oil ratios rapidly bring penalties that reduce the maximum oil rate allowed from these wells.
Proven Reserves knows just the right argument must be used to take off the restrictions. But this applicant didn't use that argument and he still has restrictions.
Would you like to see what other operators in your areas are thinking about seismic, multifractured wells, net pay maps and recovery? AppIntel can help.
Subscribers can view this application by pasting the following link into their browser after logging into AppIntel. app.appintel.info/AOW.php?pxnrg=4d676n3834333236343134434v
Tags: Closure, Seismic, Tight
Granger Low 17 Nov 2015
How to get out of hot water with the regulator
AI can prevent $10 million in noncompliance losses
KiP - Search box on steroids
Like a needle in a haystack
How to win at land sales
Using industry submission to scout plans and opportunities. Prize: Almost a billion dollars.
Oil and Gas Artificial Intelligence - made in Canada
No tariffs
Calgary, Alberta, Canada
Share