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.

 

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

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