Instructor: Mike Vincent, Fracwell, LLC
200 field studies prove our frac jobs are not optimized
1 believed our frac simulators and production models were “good enough” to optimize a frac design. I thought advanced procedures touted by respected professors would accurately determine the parameters to maximize profitability of a well. I was wrong.
Although hydraulic fractures are arguably the most important feature needed to develop low permeability reservoirs, fracs are frequently mischaracterized and poorly optimized. This course will focus on practical techniques to investigate and optimize fracture treatments. Participants in this course will have access to more than 200 published field studies in which the productivity and profitability of fields have been improved by altering the treatment design.
Highly focused on field examples, this one day course will introduce many of the common mistakes and misconceptions that hinder frac optimization. Topics include:
- Big Picture – Goals of fracturing treatments
- Myths and Misconceptions that hinder optimization
- Field Results from altering frac design
o Vertical wells
o Horizontal wells
o Why do they work, and when will they fail?
o Restimulation of horizontal wells – what have we learned?
- Frac Optimization – what must we change to make better wells? Where should we focus our efforts?
This course DOES NOT include fracture simulator training. Instead, this course is designed to help participants develop a more accurate conceptual image of hydraulic fracs, and recognize the limitations of existing simulators and production models. This knowledge will lead to an improved understanding of fracture optimization strategies. Field examples are compelling and motivational. Reservoirs have MUCH more potential if we can figure out better ways to optimize our fracs.
Engineers, Geologists, Geophysicists, Management … anyone working on a team to maximize economic potential of hydraulically stimulated reservoirs.
Mike Vincent is a consulting engineer with more than 20 years of experience in economic optimization of hydraulic fractures. After completing his degree at the Colorado School of Mines, he worked with Amoco in Denver, and with ARCO in Anchorage, Kuparuk, and Denver. Mike started Insight Consulting in 1996, specializing in fracture design and reservoir analyses. Mike has also provided technical support to CARBO Ceramics since 1997, allowing him to analyze frac treatments in reservoirs around the world. He has written more than 25 technical papers, has been awarded two patents, and has instructed more than 100 seminars on fluid flow, fracture design, and practical production optimization. Mike presents fracturing schools to numerous companies and organizations, and recently served as a Distinguished Lecturer and Distinguished Author for SPE. For more info on the course, contact email@example.com.
When & Where
For more information contact Mary Carr(firstname.lastname@example.org)303.273.3107