Completion Technical Limits

Reservoir pressure is a key factor.

Wellbore diameter impacts flow potential.

Market price is a factor in economic viability, but not the technical limit.

Completion methods directly influence production capacity.

While drilling depth is important, the primary benefit is understanding production potential.

Market price is not directly related to the technical limit.

This is a key benefit for informed decision-making.

Reservoir volume is a separate factor.

EOR techniques aim to increase production beyond the initial limit.

Advanced stimulation techniques can improve reservoir connectivity.

Market demand doesn't affect the technical limit, only the price.

Technological advancements often push the limit higher.

This is a crucial use of the data to optimize performance.

Reservoir age is not directly related to the technical limit.

While cost is important, this is not the primary benefit of tracking production.

While life span can be estimated, this is not the direct result of tracking production.

The limit is theoretical and can be pushed through innovation.

This is a correct definition.

Each well has its own unique technical limit based on various factors.

Other factors like completion techniques also contribute.

Here's a possible approach to the exercise:

Factors contributing to exceeding initial estimates:

• Favorable reservoir characteristics: High pressure and excellent permeability promote efficient flow, potentially exceeding initial estimates based on average reservoir properties.
• Successful hydraulic fracturing: Effective fracturing could have created extensive pathways for fluid flow, enhancing production beyond what was predicted based on pre-stimulation assessments.
• Optimal wellbore design and completion: The horizontal drilling and hydraulic fracturing combination might have been exceptionally well-executed, leading to better-than-expected production.

Potential risks of exceeding the technical limit:

• Decline rate: Production exceeding the technical limit might result in a steeper decline in production over time, potentially making future operations uneconomical.
• Equipment limitations: Surface and downhole equipment may not be designed to handle the higher flow rates, leading to premature failure and costly repairs.
• Reservoir depletion: Rapid production might deplete the reservoir pressure quicker than expected, potentially impacting long-term production.

Approach to ensure sustainable production:

• Monitor production closely: Track production rates, pressure, and other key parameters to understand how the well is performing and identify any signs of decline or equipment stress.
• Adjust production rates: If necessary, consider reducing production rates to manage reservoir pressure and extend the well's life.
• Assess equipment capacity: Evaluate whether surface and downhole equipment are adequate for the high flow rates and potentially upgrade or replace components as needed.
• Investigate potential for EOR: Explore options for enhanced oil recovery techniques to sustain production in the long term, even if the technical limit is reached.

Key Points:

• While exceeding initial estimates is positive, it's crucial to understand the potential risks and manage the situation carefully.
• Monitoring, adaptation, and careful planning are vital to ensure sustainable production and maximize returns from the well.