The complete paper summarizes results from a collaborative industry study involving seven operators and 10 pad-scale data sets across four different shale plays. The paper specifically focuses on a subset of the data sets from the Midland and Delaware Basins. The project had three main objectives: compare and contrast observations between data sets and basins, develop general insights into parent- and child-well interactions, and provide customized economic optimization recommendations for each individual operator and data set. The simulations reveal that economic performance can be optimized with customized selection of well spacing, job size, and landing depth based on each company’s objectives and price deck.
Methods
Modeling Approach. The simulations were performed with a fully integrated hydraulic fracturing, wellbore, geomechanics, and reservoir simulator.
