& Optimization Tool
Optimization of Hydraulic Fracturing Design with Future EOR Considerations in Shale Oil Reservoirs
Paper: SPE 174307-MS
Nowadays, shale oil (SO) resources gain much attention in the oil industry world-wide. SO is classified as an unconventional resource and an optimal hydraulic fracturing (HF) design with future EOR consideration is essential for achieving a high oil production rate. However, people are still faced with many issues in HF optimization and EOR implementation associated with a significant increase in capital costs in SO development. To overcome the current challenges, maximizing the oil recovery and minimizing the future investment costs, this paper presents an HF optimization and comprehensive evaluation of EOR potential in SO reservoirs in terms of maximizing oil recovery and project revenue.
The analysis show that an EOR application is crucial for improving the oil recovery factor in SO. Different development strategies including natural depletion, waterflooding, and EOR gas flooding are implemented. Among them, continuous gas injection after 20 years' primary production is proven as the most promising method to improve oil recovery in both technical and economical points of views. The critical effect of a hydraulically fracturing pattern is examined in this study and it is shown that oil recovery in an aligned fracturing pattern yields a superior performance (a higher oil rate and slower pressure depletion) than the one in a staggered fracturing pattern. Moreover, the distance between an injector and a producer is investigated to obtain the highest oil production and the lowest injection cost.
One of the important contributions of this research is to present a development strategy for SO reservoirs, in which HF optimization with future EOR considerations significantly helps to address future technical challenges, investment costs, and project economy. The proposed approach can be effectively optimized for HF design and served as a guideline for investigating the EOR potential in unconventional reservoirs.Read more on onepetro.org.
© Copyright 2015. Society of Petroleum Engineers
Presented at the EUROPEC 2015, 01-04- June 2015, Madrid, Spain