Frac Trends in Liquid-Rich Basins: A Focus on Further /BOE Minimization and Efficiency Gains Leen Weijers, Liberty Oilfield Services December 18, 2019
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 2 Convention Center, The Woodlands, TX, USA SPE-194345 Trends in the North American Frac Industry: Invention through the…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 3 Convention Center, The Woodlands, TX, USA Conventional vs Shale Fracing 1947 present Higher permeability sand Moving the…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 4 Convention Center, The Woodlands, TX, USA Dawn of the Shale Revolution The Frac that Changed Everything Persistence,…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 5 Convention Center, The Woodlands, TX, USA Conventional vs Shale Fracing 1947 present 2000 present Higher permeability sand…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 6 Convention Center, The Woodlands, TX, USA Increase in Fractivity through the Shale Revolution 20 million HHP 10x 2…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 7 Convention Center, The Woodlands, TX, USA Increase in Fractivity through the Shale Revolution 500,000 Stage Count…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 8 Convention Center, The Woodlands, TX, USA Increase in Fractivity through the Shale Revolution 200 billion Prop Mass…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 9 Convention Center, The Woodlands, TX, USA Big Picture Liquid-Rich Frac Trends Stage count stabilizing and declining in…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 10 Convention Center, The Woodlands, TX, USA Big Picture Liquid-Rich Frac Trends Stage count stabilizing and declining in…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 11 Convention Center, The Woodlands, TX, USA Shale Revolution Frac Trends DJ Basin Larger fracture network Horizontal wells…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 12 Convention Center, The Woodlands, TX, USA Poll Text to: 22333 Leenweijers113
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 13 Convention Center, The Woodlands, TX, USA 13
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 14 Convention Center, The Woodlands, TX, USA Shale Revolution Frac Trends Larger fracture network Horizontal wells Slightly…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 15 Convention Center, The Woodlands, TX, USA Shale Revolution Frac Trends Williston Basin Larger fracture network Horizontal…
eXtreme Limited Entry CALIBRATING HOLES OPEN Np Multi-well calibration of Np has resulted in a 75% holes open design assumption: Max rate before SDT impacts the number of holes initially open. Intra-stage SHmin variability impacts…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 18 Convention Center, The Woodlands, TX, USA Shale Revolution Frac Trends DJ Basin Larger fracture network Horizontal wells…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 19 Convention Center, The Woodlands, TX, USA Shale Revolution Frac Trends Williston Basin Larger fracture network Horizontal…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 20 Convention Center, The Woodlands, TX, USA Shale Revolution Frac Trends DJ Basin Larger fracture network Horizontal wells…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 21 Convention Center, The Woodlands, TX, USA Shale Revolution Frac Trends Delaware Basin Larger fracture network Horizontal…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 22 Convention Center, The Woodlands, TX, USA Shale Revolution Frac Trends DJ Basin Larger fracture network Horizontal wells…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 23 Convention Center, The Woodlands, TX, USA But What Drives Production Trends
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 24 Convention Center, The Woodlands, TX, USA Multiple Linear Regression: Codell RMSE as % of Mean Response = 31% 24
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 25 Convention Center, The Woodlands, TX, USA What Drives Production - Statistics (Codell Example) MLR = Multiple Linear…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 26 Convention Center, The Woodlands, TX, USA What Drives Production /BO Optimization Theres a Fine Line Between a Numerator…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 27 Convention Center, The Woodlands, TX, USA The American Shale Revolution Better Wells +70% since 2012 +28% since…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 28 Convention Center, The Woodlands, TX, USA 28
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 29 Convention Center, The Woodlands, TX, USA Lets Frac a Sankey Diagram for Efficiency Loss Now averaging 35% of every day…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 30 Convention Center, The Woodlands, TX, USA 30
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 31 Convention Center, The Woodlands, TX, USA Throughput & Downtime The Usual Suspects The Ws
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 32 Convention Center, The Woodlands, TX, USA Modern Frac Operations = Bulk Logistics An Average Frac Day for 350 US Frac…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 33 Convention Center, The Woodlands, TX, USA Modern and Efficient Frac Operations Its a Fracing Factory Redundancy Made for…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 34 Convention Center, The Woodlands, TX, USA Volume Discounting Thank Your Service Company Representative Today +206%…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 35 Convention Center, The Woodlands, TX, USA Shale Revolution World Consumer Savings 45 * 30 billion bbl/year = 1.3…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 36 Convention Center, The Woodlands, TX, USA 36
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 37 Convention Center, The Woodlands, TX, USA In Summary - The American Shale Revolution Technology & Efficiency Have Improved…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 38 Convention Center, The Woodlands, TX, USA Industry Challenges & Opportunities Production Interference Can exemplary kids…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 39 Convention Center, The Woodlands, TX, USA Conclusions US Shale Revolution has transformed US and World Energy Still…
57 February 2019 SPE Hydraulic Fracturing Technology Conference The Woodlands Waterway Marriott Hotel and 40 Convention Center, The Woodlands, TX, USA Thank You Questions Apart from doubling human life expectancy, reducing…