Scandoil  

Halliburton Introduces CYPHERSM Seismic-to-Stimulation Service


Published Oct 2, 2013
[an error occurred while processing this directive]

Edit page New page Hide edit links

Halliburton awarded $60 million contract for directional drilling and related services from Total E&P Indonesie-Spotlight

Halliburton introduced its CYPHERSM Seismic-to-Stimulation service at the Society of Petroleum Engineers' Annual Technical Conference and Exhibition (SPE ATCE). The CYPHER service is a collaborative workflow that effectively integrates geoscience, reservoir, drilling and completion engineering to allow operators to better predict and produce unconventional reserves. The service is supported by a breakthrough technology suite using an iterative process that identifies the best well placement and stimulation designs, critical parameters to the total well cost and ultimate production.

Operators have discovered that developing shale or other tight reservoirs requires special treatment. The processes and technologies that have worked for many years in conventional reservoirs often are not adequate for the complexities of unconventional reservoirs. Shale and tight reservoirs can contain multiple sweet spots mixed with nonproductive rock. Misplaced fracturing zones or missed production opportunities can result in expensive wells and sub-optimized well economics. Cumulative production can vary widely in a field, depending on well placement. In the Eagle Ford, for example, one operator gained a four-fold increase in cumulative production and reduced drilling costs by increasing the accuracy of wellbore placement using the CYPHER service.

Tags: Halliburton




Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml