Technical Guidance for Petroleum Exploration and Production Plans by Tarek Al-Arbi Omar Ganat
Author:Tarek Al-Arbi Omar Ganat
Language: eng
Format: epub
ISBN: 9783030452506
Publisher: Springer International Publishing
Scenario
Well spacing (ft)
No of wells
Fracture spacing (ft)
Fracture conductivity (md-ft)
Fracture half length (ft)
1
500
8
350
50
250
2
750
6
350
46
350
3
1000
5
250
49
400
4
1250
4
250
51
400
5
1500
3
250
50
400
Fig. 6.5Field cumulative gas production versus Well spacing for five drilling scenarios
Generally, we judge the success of a project according to the NPV. Accordingly, Fig. 6.6 compares the best NPV for the drilling scenarios. While the 5 wells scenario produces the maximum NPV, and the 4 wells scenario produces the second optimum NPV. Also, the 4 wells scenario can be an adequate choice, mainly if the capital budget for drilling and completion is limited.
Fig. 6.6Shows Net Present Value versus well spacing for five drilling scenarios
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