A client with an underperforming asset asked us to reinterpret existing data and prioritize wells for intervention based on risk level and potential production increase.
Collaborating closely with the client, Halliburton integrated surface and subsurface studies of three fields. After screening all data, Halliburton then recommended detailed workflows, plans and specific technologies for addressing each well.
Overall, the plan increased ROI more than 15%. Compared to original expectations, one well exceeded its production target by 667%, thanks in part to the integration of insight from Halliburton Consulting and execution from other parts of Halliburton. Another well exceeded its original target by 420%.