<

Results 1 to 6 of 6

Thread: well placement

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1

    Join Date
    Nov 2008
    Location
    Australia
    Posts
    508
    Wherever you think you'll make the most money.... Depends on many many things, including but not limited to;
    Permeability, heterogeneity/continuity, pressure, mobility ratio of your fluids, relief, aquifer strength and direction, assumptions of product price over time, corporate discount rates, projected OPEX and CAPEX for the various scenarios, logistical constraints... to name but a few.

    Optimal field development is a very complex and highly interdependent problem - If you are new to it, start with an analog development plan to your field, work out the NPV, then play what-if's - what if you drilled double the well density? Half the well density? Different locations? Different artificial lift methods? Different well geometry? Different development plan (ie liquids stripping first then gas production, primary production followed by injection) etc etc... NPV/IRR out all the various scenarios, factor in other issues such as capital/liquidity constraints over time and risk and you'll start to come closer to understanding what your best plan may be.....

    To cut a long story short - don't fixate on well spacing in isolation... it has knock-on effects
    Last edited by vinomarky; 11-11-2010 at 03:38 PM.

Similar Threads

  1. Well Placement Book
    By geologist_wael in forum Geology & Exploration
    Replies: 5
    Last Post: 05-05-2015, 03:16 PM
  2. Well placement optimization
    By 8734022 in forum Reservoir
    Replies: 0
    Last Post: 05-27-2011, 11:55 AM
  3. Jar placement software
    By oileruis in forum Drilling And Workover
    Replies: 1
    Last Post: 02-08-2011, 05:11 AM
  4. Training cum placement
    By nvmr in forum Instrumentation & Control
    Replies: 0
    Last Post: 01-20-2009, 06:12 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40