Five steps to cutting reservoir stimulation costs by 20%

Posted by Tracerco

Feb 24, 2016 2:58:30 PM


In the challenging market conditions that we face today, reducing lift costs is paramount. One area where this can be achieved is through stimulation optimisation, ensuring reduce spend on stimulation activities and maximum  oil or gas flow for a particular field. 

In this post we examine five steps to achieving savings of as much as 20% in reservoir stimulation costs by using accurate flow data to optimise stage stimulation in individual wells and development of unconventional fields.

This is based on our vast experience across numerous fields and the insights and figures are taken from real projects conducted over the last few years.

 

Read More

Topics: unconventional wells, reservoir, reservoir analysis, reservoir characterisation, drilling, technology enabling cost savings, reservoir stimulation

How to cut drilling costs by as much as 66% in unconventional fields

Posted by Tracerco

Jun 4, 2015 3:20:00 PM


With the oil price remaining low, the entire oil and gas industry together with their supply chain are faced with the challenge of producing more for less. Constantly looking to cut costs without compromising  on production or quality of product, technologies demonstrate their value not only in how they can help optimise production at any stage in the hydrocarbon production and processing chains, but also in how they can act as enablers to operators who need to save on the cost of producing oil and gas.

In this post we examine three steps to achieving savings of as much as 66% in drilling costs by using accurate flow data to optimise well spacing in unconventional fields. Tweet this.

This is based on our vast experience across numerous fields and the insights and figures come from real projects conducted over the last few years.

 

Read More

Topics: unconventional wells, reservoir, reservoir analysis, reservoir characterisation, drilling, technology enabling cost savings

Oil and Gas Comment and News 

Tracerco's news and comment on measurement and diagnostics in Oil & Gas and processing industries

Tracerco brings comment, news, how tos and more on their blog. Sign up for regular notifications of new posts. 

Subscribe to Email Updates

Recent Posts

Posts by Topic

see all