Determining the economic feasibility of hydraulic fracturing in a low-permeability formation area

DOI

10.2991/aime-18.2018.107How to use a DOI?

Keywords

formation model; skin factor; permeability; anisotropy; filtration; economic performance

Abstract

The article analyzes the economic performance of wells with hydraulic fracturing. The effectiveness of using hydraulic fracturing technology in the development of the oil reserve area with the low-permeability zone is defined in terms of its economic feasibility. To do this we studied the dependence of the net profit value of the enterprise, accumulated during the billing period, from the fracture length and the oil prices on the international market. As the estimates for calculating, we used the economic activity data of one of the oil-producing enterprises of Tatarstan. The dynamics of growth of the accumulated net profit value was studied taking into account the options and different fracture lengths in the low-permeability zone. It was found that the greater the fracture length is near injection wells in the low-permeability zone, the lower the accumulated net profit value is, and vice versa.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Alsu Fagimovna Shakurova
AU  - Aigul Fagimovna Shakurova
PY  - 2018/04
DA  - 2018/04
TI  - Determining the economic feasibility of hydraulic fracturing in a low-permeability formation area
BT  - Proceedings of the International Conference "Actual Issues of Mechanical Engineering" (AIME 2018)
PB  - Atlantis Press
SP  - 562
EP  - 565
SN  - 2352-5401
UR  - https://doi.org/10.2991/aime-18.2018.107
DO  - 10.2991/aime-18.2018.107
ID  - Shakurova2018/04
ER  -