SPE Hydraulic Fracturing Technology Conference - "Boom, Bust, and Frac: Coping With the Downturn"

Summary

•The Horizontal Well Completion is Critical to Long-Term Recovery.

•The fracs you design today will define the well’s recovery over the next 30 – 40 years.

•Beware of making cuts in the completion spend thinking it is just affecting initial production rates and early-time cumulative production.

•Use the slowdown in industry activity to do a better job engineering the completion and not just using a geometric design.

•Work on “GeoEngineering” your completion.