Optimization of well pad design and drilling – well clustering

A model accounting for more than 30 parameters of drilling projects, and a computer program to enumerate groupings of the wells of a pad with consequent calculations of technical-economic characteristics, are developed and tested. Seven drilling scenarios for a 24-well pad with different starting oi...

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Main Author: Aleksandr ABRAMOV
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2019-06-01
Series:Petroleum Exploration and Development
Online Access:http://www.sciencedirect.com/science/article/pii/S1876380419600418
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spelling doaj-cb98d08cd79b4833899673bc2e1dd0432021-02-02T05:31:59ZengKeAi Communications Co., Ltd.Petroleum Exploration and Development1876-38042019-06-01463614620Optimization of well pad design and drilling – well clusteringAleksandr ABRAMOV0Corresponding author; School of Engineering, Edith Cowan University, AustraliaA model accounting for more than 30 parameters of drilling projects, and a computer program to enumerate groupings of the wells of a pad with consequent calculations of technical-economic characteristics, are developed and tested. Seven drilling scenarios for a 24-well pad with different starting oil flow rates for the wells are studied. Optimal well groupings in terms of Net Present Value (NPV) for three discount rates and five oil production decline rates have been found. The results show that: NPV-maximizing well pad designs with unequal (varying) numbers of wells in groups (clusters) may require only slight alterations of existing designs (changing the configurations of a couple of well clusters); relative NPV gain is inversely proportional to the absolute value of NPV; observed increases in NPV in groupings with varying numbers of wells reach up to 1% with respect to groupings with equal (constant) numbers of wells in groups for conventional projects, and could reach 2% and more for shale formation development projects, and up to 45% for marginal projects. Key words: pad drilling, multi-well pad, well groupings, batch drilling, clusters of wellshttp://www.sciencedirect.com/science/article/pii/S1876380419600418
collection DOAJ
language English
format Article
sources DOAJ
author Aleksandr ABRAMOV
spellingShingle Aleksandr ABRAMOV
Optimization of well pad design and drilling – well clustering
Petroleum Exploration and Development
author_facet Aleksandr ABRAMOV
author_sort Aleksandr ABRAMOV
title Optimization of well pad design and drilling – well clustering
title_short Optimization of well pad design and drilling – well clustering
title_full Optimization of well pad design and drilling – well clustering
title_fullStr Optimization of well pad design and drilling – well clustering
title_full_unstemmed Optimization of well pad design and drilling – well clustering
title_sort optimization of well pad design and drilling – well clustering
publisher KeAi Communications Co., Ltd.
series Petroleum Exploration and Development
issn 1876-3804
publishDate 2019-06-01
description A model accounting for more than 30 parameters of drilling projects, and a computer program to enumerate groupings of the wells of a pad with consequent calculations of technical-economic characteristics, are developed and tested. Seven drilling scenarios for a 24-well pad with different starting oil flow rates for the wells are studied. Optimal well groupings in terms of Net Present Value (NPV) for three discount rates and five oil production decline rates have been found. The results show that: NPV-maximizing well pad designs with unequal (varying) numbers of wells in groups (clusters) may require only slight alterations of existing designs (changing the configurations of a couple of well clusters); relative NPV gain is inversely proportional to the absolute value of NPV; observed increases in NPV in groupings with varying numbers of wells reach up to 1% with respect to groupings with equal (constant) numbers of wells in groups for conventional projects, and could reach 2% and more for shale formation development projects, and up to 45% for marginal projects. Key words: pad drilling, multi-well pad, well groupings, batch drilling, clusters of wells
url http://www.sciencedirect.com/science/article/pii/S1876380419600418
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