Official Petro.ai Blog

Today, hear from CEO, Troy Ruths as he discusses well spacing and stage design including proppant per foot, perf diameter, fluid per cluster, stress shadow, and other relevant concerns. Lowering upfront capital investment for better capital efficiency is directly tied to the stage design of full cube development.

Stage design, the incremental placing of wells in a cube or well pad, includes decisions focused on well spacing and economic analysis. Petro.ai allows for capital efficiency and well spacing options to be explored through integrated applications that address the geomechanical aspect of understanding the stress regime along the well-bore trajectory and the operational aspect accounting for friction, the perforation pressure drop and stress shadow.

Well spacing in the cube, multi-well pad operations continue to confound the industry. Reducing surface costs have been managed by years of engineering modifications. The subsurface, though, provides continuing cost challenges. The leaders in shale understand that capital efficiency is directly tied to development and understanding of the subsurface.

The industry has used well spacing and lateral length as a proxy for that rectangular prism a well is draining in shale. Hear from CEO, Troy Ruths and Kyle LaMotta, VP of analytics as they discuss the differences in understanding drainage between conventional and unconventional wells.

Optimizing total cube performance, multiple wells drilled in multiple benches from a single well pad, is more important than optimizing the individual well. The oil and gas industry will meet this challenge by maximizing productivity through drainage.