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oa Data Analytics: An Innovative Tool for Unconventional Plays
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, First EAGE/AMGP/AMGE Latin-American Seminar in Unconventional Resources, Nov 2017, Volume 2017, p.1 - 2
Abstract
Summary
Extracting hydrocarbons from unconventional reservoirs using horizontal drilling and multi-stage fracking is more complex and generates more data than traditional E&P activities. Accordingly, shale focused operators and investors are no longer able to maximize their competitive advantage using conventional data analysis techniques. This works presents the general characteristics of new analytics tools that allows operators to predict production maps and volumes. These tools also provides the ability to compare a variety of geological, geophysical, drilling, and completion parameters with results from areas with varied production.
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