Completions
Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
This paper describes development of a high-temperature water-based reservoir drill-in fluid using a novel synthetic polymer and customized with optimal chemical concentrations and sized calcium carbonate.
In this case study, a geomechanics-based approach was used to create bridging and sealing at the fracture aperture using a biparticle self-degradable lost-circulation-fluid system.
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A new real-time-visualization (RTV) technology combined with high-resolution pressure reading and acoustic sensors is being used to overcome operational difficulties and to optimize stimulation efforts by reducing uncertainty. -
This paper describes a smart-tracer-portfolio testing and design solution for multistage hydraulic fracturing that will, write the authors, enable operators to reduce operating cost significantly and optimize production in shale wells.
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The complete paper demonstrates the benefits of honoring data measurements from a multitude of potential sources to help engineers do a better job of including more diagnostics into routine operations to provide additional insight and result in improved models and completion designs.
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As operators feel the pinch of low oil prices, so, too, do their service providers.
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Though they have been a niche ever since their introduction to the market a few years ago, e-fleets are proving to be some of the most downturn-proof assets in the shale sector.
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The cementing services market size in the US is expected to drop 50% year-on-year from 2019. The significant drop in Permian Basin activity will account for 40% of the total market size reduction.
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The complete paper presents a discussion of the use of intelligent well completion in Santos Basin Presalt Cluster wells.
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The complete paper discusses the successful execution of the first offshore multilateral well completed for multistage high-pressure proppant stimulation, according to the authors, in the Black Sea offshore Romania.
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Faster drilling speeds have become one of the major obsessions of the shale sector in recent years. But since completions represent up to 70% of a new well’s cost, maybe this side of the business needs more attention now.
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The room for error and cost overruns just got a lot smaller with the escalating need to make operations more efficient and leaner with fewer resources and investors continuing to prioritize ESG alongside profitability.
