SPE International Symposium and Exhibition on Formation Damage Control 2008
DOI: 10.2118/111793-ms
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Economic and Physical Optimization of Hydraulic Fracturing

Abstract: Optimization has taken several different hues in all areas of engineering. Hydraulic fracturing, as applied to petroleum wells, has had its share. In the past, and before the maturing of high-permeability fracturing and the tip screen out techniques, this well stimulation procedure was limited to low-permeability reservoirs and unrestricted fracturing. In such cases, the fracture length would be an appropriate design optimization variable against an economic criterion, e.g., the Net Present Value (NPV). This i… Show more

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Cited by 33 publications
(10 citation statements)
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“…Thus, it is once again clear that fracturing gas wells is beneficial not only for stimulation but also for reducing overall turbulence effects. As we have repeated before in other publication (Wang and Economides, 2004;Marongiu-Porcu et al, 2008;Marongiu-Porcu et al, 2009) one "cannot afford not to fracture" any gas well.…”
Section: Gas Wellsmentioning
confidence: 52%
“…Thus, it is once again clear that fracturing gas wells is beneficial not only for stimulation but also for reducing overall turbulence effects. As we have repeated before in other publication (Wang and Economides, 2004;Marongiu-Porcu et al, 2008;Marongiu-Porcu et al, 2009) one "cannot afford not to fracture" any gas well.…”
Section: Gas Wellsmentioning
confidence: 52%
“…The second is economic optimization and, again, the only way to accomplish it is to iterate on the mass of proppant, i.e. the fracture size, balancing incremental production and therefore, economic benefits against the costs of the treatment (Marongiu-Porcu et al, 2008).…”
Section: Oil Wellsmentioning
confidence: 99%
“…If the cost of drilling vertical and horizontal wells is similar and the cost of fracturing is relatively small, multiple transverse fracturing of horizontal wells is attractive. This has been employed widely in North America and has been the reason for the major success in monetizing shale gas reservoirs (Marongiu-Porcu et al, 2009, 2008. If the cost of drilling horizontal wells is far larger than the cost of drilling vertical wells, then transverse fracturing may not be attractive at all above certain reservoir permeability, such as 0.5 md.…”
Section: Horizontal Wells With Transverse Fracturesmentioning
confidence: 99%