Development and Collaborative Well Planning
Exploiting unconventional resources requires planning large numbers of wells, pads, and laterals. In the past, workflows were too complex to develop more than one good plan. Now, Halliburton Consulting can help you plan various configurations quickly, and optimize assets based on well spacing, trajectory or cost.
One of the most critical challenges in the development of unconventional reservoirs is the chasm between geoscientists and drilling engineers, who usually tackle technical challenges with disparate software tools and platforms. Halliburton Consulting employs a collaborative well planning process that seamlessly bridges these domains.
Collaborative Well Planning using DecisionSpace® Well Planning software, merges geology, geophysics, earth modeling, well planning, and hydraulic fracture stimulation software into a single E&P environment based on a dynamic, shared framework model.
Using this approach Halliburton Consulting can help you:
- Finalize a viable well plan with less technical labor and fewer iterations with directional drilling contractors.
- Spend less time investigating potential surface locations.
- Optimize well spacing, azimuths, wellbore lengths, wells per pad, and pads per block, which reduces total land area and lowers the environmental footprint.
A client in the Marcellus shale needed to quickly choose drilling locations in 450,000+ acres of treacherous terrain; optimize the use of slots within pads; increase lateral extent while decreasing pads; and identify sweet spots for priority drilling. Halliburton Consulting team used a 3D Earth Model and Collaborative Well Planning workflow to optimize drilling locations, lateral length and well orientation. The client saved $45 million in pad construction, while gaining nearly 2 million feet of lateral length. This reduced the number of drilling days by 520+, saving over $25 million.strong>