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Thread: Proposing Development Locations

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  1. #1

    Join Date
    Nov 2008
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    Australia
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    There really is very little in the way of a generic structured approach. Field development planning is an organic process, highly non-linear and interdependent upon many many different areas.

    At its simplest you'd probably say drill enough evenly spaced, relatively crestal wells in well connected and large kh zones to handle your desired offtake rate + redundancy. Then you'd have to check whether/if your geometry is likely to yield water encroachment problems... perhaps you need to go horizontal rather than vertical - could you reduce a well or two this way? How does the increased capex play against the expected incremental and accelerated production from going horizontal? Perhaps hole stability and reach from a single platform makes this problematic and you instead need to go with two platforms etc etc... Could there be intra-field baffling that you need to mitigate? In which case placing a well in each of the possible blocks may be required...Will you be looking to have an observation well? How are your multiple layers distributed, and can you drain them all efficiently? I could go on and on- there are many rabbit holes to dive down and potholes that can get you

    Just keep in mind that in the end you are trying to maximize VALUE, not necessarily rate or EUR. Value is a different thing for different companies (some simply looking for headline rates, others low cost proof of production to sell off later, others cash constrained, perhaps NPV is king, perhaps ROI is king....) , so first find out what Value means for your company and work to maximize it with what you have at hand - make sure you think through the drilling and producing life for what can possibly happen with your chosen sceanrios
    Last edited by vinomarky; 03-12-2011 at 02:22 PM.

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