NUTECH's reservoir engineers utilize validation results and the reservoir model to incorporate a full development plan and confirm project ecomomics. They design data infield drilling points to integrate necessary new data into the reservoir model and reduce risk associated with well delineation planning.
And, just as in the validation stage, we analyze new data to maintain continuous communication with the reservoir.
We optimize production and economics through continuous reservoir monitoring. We then implement an optimized completion template and strategy and continuously evaluate well results for completion efficiency. NUTECH works with service companies in order to implement reservoir-specific best solutions.
The reservoir is not homogeneous. It often changes laterally. Very good quality rock exists right next to poor quality of rock. If you don’t pay attention to how it’s changing, you can drill wells that don’t produce, or underachieve significantly.
Then if that wasn’t bad enough, you might attribute the weak results to the wrong factors and, perhaps, be doomed to repeat the same mistake.
Success comes from paying attention to what the shale is doing.
More than conventional reservoirs, the inherent variability found in unconventional reservoirs requires that operators not completely cut off data collection.
Often, as operators step out from sweet spots, they collect less and less intelligence, and the risk they've avoided returns.
NUTECH works with all clients to maintain a level of data collection intended to maintain control of the reservoir and continue to minimize the return of risk as clients begin exploring the boundaries of the reservoir.
Following the same plans as offsetting operators or local field service providers could limit your success in a play. By characterizing and understanding the reservoir dynamic, subtle changes to the completions can occur that can add significant benefit and savings. Field driven solutions are a great starting point for optimization but these solutions gravitate to the average producers in the field which, in turn, could have a negative effect when it comes to maximizing the value of your asset. When NUTECH identifies areas of exceptional reservoir quality in the Gold Field, these new wells deserve individual attention in order to maximize their impact in the asset.
NUTECH continues to demonstrate that in a Gold Field, constant contact with the reservoir helps maximize value and minimize risk. We plan for and recommend strategic data collection points throughout the acreage position to allow for reservoir management, reserve determination and completion optimization. By characterizing the reservoir throughout the basin, we can begin to understand a reservoir’s variable behavior and tailor development plans to address individual well challenges.
There is a probability that each of your wells produce at different rates. If so, isn’t the difference in the production curves indicative of a complex and variable reservoir? Why should these nearby wells be completed in the same manner when we understand that there is variability in the reservoir? By characterizing the reservoir throughout the basin, we can begin to understand this variable behavior and tailor completions to separate locations addressing individual well challenges.