Meet Senior Decision Makers From
- US Major Oil & Gas Companies
- E&P Companies Operating In The Bakken & Three Forks
- Bakken Oil Acreage Owners
- Prospect Companies Looking To Enter The Bakken
- Global Oil & Gas Investors
With The Following Job Titles...
CEOs, COOs, VPs, Directors, Managers, Team Leads & Chiefs Of...
- Completions Service Providers
- Hydraulic Fracturing Technology Providers
- Proppant Suppliers
- Water Treatment Services
- Reservoir Engineering Companies
- Seismic & Core Analysis Companies
- Downhole Tools Suppliers
- Key Industry Laboratory & Analysis Firms
- Market & Economic Analysts
- Environmental Consultancies
- Geological Surveys
- Research & Development Institutes & Universities
- Modelling Software Systems Companies
- Investment Firms
- Water Treatment & Management Companies
- Oil Transportation Companies
Bakken & Three Forks: Completions & Well Spacing Congress 2014
As Bakken E&Ps have ascended into full development phase, the real question now is how to maximize the productivity of Bakken wells whilst simultaneously driving down cost. Completions and well spacing play a huge role in cost and production efficiency, and mastering the optimization of both aspects has the ability to significantly transform the economics of every Bakken well drilled.
Amongst all of the available completion techniques available to operators, deciding upon the highest performing frac recipe is not an easy task. Operators not only need to look at increasing efficiency at every stage of completions, but need to do this in a way that balances increased recovery with reduced costs. Needless to say, if funds were unlimited, operators could spend millions of dollars testing all possible combinations of frac fluids, proppants, liners, frac stages and frac spacing to deduce the optimal recipe for the reservoir in place. However, as reality would have it, trial and error on a grand scale is neither economically viable nor operationally feasible. So, what operators must do is learn from successes and failures of other operators and understand what different producers are seeing with regard to....
- Plug & Perf vs. Sliding Sleeves
- Slick Water vs. Cross Link vs. Hybrid Fracs
- Cemented vs. Open Hole Completions
- Cost vs. Increased Recovery Of Additional Frac Stages
- Resin vs. Sand vs. Ceramic Proppants
...thus enabling for the first time ever, operators to compare and contrast the production results seen from varying completions across different Bakken fields.
The second biggest challenge facing Bakken operators is well spacing. Producers are now down-spacing to fully exploit the potential of the reservoirs; but what is the optimal spacing? How can operators increase well density without causing wellbore interference and pressure drops in the reservoir? From an economic standpoint, how many wells are too many? Operators need to examine data and interpretations on drain and drillings per well from latest down spacing pilots to identify whether or not the right spacing has been reached and ultimately, determine how far apart Bakken wells should be drilled for maximum recovery.
Comparing Key Frac Variables To Make Decisions That Increase Efficiency At Every Stage Of Completions: Balancing Increased Recovery With Cost Reduction
- PLUG & PERF VS. SLIDING SLEEVES: Comparing the results of plug and perf vs. sliding sleeves in the Bakken to identify the highest performing frac
- SLICK WATER VS. CROSS LINK VS. HYBRIDS: Analyzing the production results from the latest pilot tests to examine how the performance of different frac fluids vary across the Bakken
- CEMENTED VS. OPEN HOLE COMPLETIONS: Comparing the results seen from cemented vs open hole completions to determine the extent to which performance is driven by geology
- FRAC STAGES - COST VS. INCREASED RECOVERY: Determining the number of frac stages in which, on a given lateral length, incremental production no longer justifies cost
- PROPPANTS - RESIN VS. SAND VS. CERAMIC: Examining the recovery on a resin coated vs. sand. vs. ceramic well to determine the most effective proppant type in different Bakken fields
- WELL SPACING & INTERFERENCE: Presenting data and interpretations on drainage per well to determine how close wells can be drilled without causing interference
- EXTENSION INTO THE DEEPER THREE FORKS BENCHES: Assessing the reservoir communication between the Bakken and Three Forks to determine the viability of extending into the lower benches
There is a fine and difficult balance to be struck between reducing costs and increasing production efficiency and recovery.
However, as Bakken operators ascend further into the full development phase, it is a balance that is critical for long-term success. Bakken operators need to maximize drainage per well while driving down costs at every stage of completions to optimize money spent, against return on investment for every Bakken well drilled.
The Bakken & Three Forks: Completions & Well Spacing Congress 2014 brought two days of case studies showcasing the latest results that different Bakken operators had seen through the use of different completion techniques, integrated completion approaches and high density pilots.
- VERSUS THEME THROUGHOUT: The only congress to provide a results-driven comparison between different proppants, frac types, frac fluids, frac stages and liners to enable operators to identify the highest performing technique at every stage of completions
- WELL SPACING: The only congress in the industry dedicating a full day to determining the optimum well density in a given spacing unit - for the very first time, operators will gather to share results from latest high density pilot tests
- E&P LED EVENT: Operators will provide real case studies based on current frac experiments to demonstrate how adjustments in frac strategies have led to increased value production
- OPTIMIZATION AND COST REDUCTION FOCUS: The only congress specifically focused on increasing production whilst simultaneously reducing costs
- UNBIASED CONCLUSIONS: The compilation of real data provided from multiple Bakken operator perspectives will allow delegates to form an unbiased conclusion on the most productive and cost efficient solutions for their geological area of operation in the Bakken