well spacing
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Knowing which horizon crude oil flows from and in what proportions has been a major challenge for shale producers. Increasingly, they are turning to new technology to find the answer.
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Figuring out how far apart to place horizontal wellbores remains one of the biggest challenges facing the future of the shale revolution. One roadblock appears to be the way in which the sector has traditionally measured these distances.
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The technical challenges imposed by tight well spacing and fracture interactions have become a focal point of recent earnings calls between investors and the leaders of several shale producers. The picture of the future is becoming clearer, and there are fewer oil wells in it.
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The ideal well spacing is in the eye of the beholder. The decision depends on so many factors that machine learning is now trying to determine the best combination of ingredients.
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For the next several years, supplies of crude will depend on several macro factors. Some are easier to forecast than others.
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Well-placement optimization is one of the more challenging problems in the oil and gas industry. Although several optimization methods have been proposed, the most-used approach remains that of manual optimization by reservoir engineers.
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Fracturing reservoirs effectively can be like boxing. Moving in close enough to land a powerful punch often means a fighter has to take some hits. To effectively develop all the productive rock in a lease, new wells are drilled as close as possible to older ones, making frac hits inevitable.
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In organic shales, hydraulic fracturing is important for optimizing the production of horizontal wells. For a standalone lateral, the propped surface should be maximized to increase production. In the case of a pad, well spacing is an additional factor.
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Wellbore position is computed from survey measurements taken by a measurement-while-drilling (MWD) tool in the bottomhole assembly (BHA).
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