Development of Shale Gas Prediction Models for Long-Term Production and Economics Based on Early Production Data in Barnett Reservoir
Autor: | Hyundon Shin, Edward Little, Viet Nguyen-Le |
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Jazyk: | angličtina |
Rok vydání: | 2020 |
Předmět: |
Control and Optimization
020209 energy estimated ultimate recovery Energy Engineering and Power Technology 02 engineering and technology 010502 geochemistry & geophysics 01 natural sciences Net present value lcsh:Technology Hydraulic fracturing 0202 electrical engineering electronic engineering information engineering Performance prediction Production (economics) Electrical and Electronic Engineering Engineering (miscellaneous) 0105 earth and related environmental sciences Petroleum engineering production data analysis Renewable Energy Sustainability and the Environment lcsh:T shale gas economics performance prediction Reservoir simulation Environmental science Peak gas Oil shale Predictive modelling Energy (miscellaneous) |
Zdroj: | Energies, Vol 13, Iss 2, p 424 (2020) Energies Volume 13 Issue 2 |
ISSN: | 1996-1073 |
Popis: | This study examined the relationship between the early production data and the long-term performance of shale gas wells, including the estimated ultimate recovery (EUR) and economics. The investigated early production data are peak gas production rate, 3-, 6-, 12-, 18-, and 24-month cumulative gas production (CGP). Based on production data analysis of 485 reservoir simulation datasets, CGP at 12 months (CGP_12m) was selected as a key input parameter to predict a long-term shale gas well&rsquo s performance in terms of the EUR and net present value (NPV) for a given well. The developed prediction models were then validated using the field production data from 164 wells which have more than 10 years of production history in Barnett Shale, USA. The validation results showed strong correlations between the predicted data and field data. This suggests that the proposed models can predict the shale gas production and economics reliably in Barnett shale area. Only a short history of production (one year) can be used to estimate the EUR and NPV of various production periods for a gas well. Moreover, the proposed prediction models are consistently applied for young wells with short production histories and lack of reservoir and hydraulic fracturing data. |
Databáze: | OpenAIRE |
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