stim promise

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    The Promise of Stimulation:Understanding + Total Approach = Optimum Value

    T h e e co n om i c r e a l i t i e s o f e n e r g y ' s f u t u r e m a k e e f f e c t i v e w e l l

    s t i m u l a t i o n c r i t i c a l t o o p t i m i z i n g t h e v a l u e o f t h e a s se t t h a t i s a n o i l

    o r g a s r e s er v o i r .

    A well stimulation program that fully exploits available technology can substantially boost

    revenue and profit throughout a field's life. For marginal discoveries, the right stimulation

    program may mean the difference between economic viability and abandonment.

    New stimulation techniques and products - hardware and fluids - make fit-for-purpose

    solutions possible for a wide range of well configurations and reservoir conditions.

    The key to realizing the full potential of these technologies is understanding the reservoir

    and its wells, then integrating discrete products and services in a program that will

    optimize reservoir performance. At the earliest possible date, that stimulation program

    should be made part of the field development plan.

    To succeed, this systems approach requires cooperative teamwork between producer and

    technology provider.

    From nitro to now

    Oil and gas well stimulation is as old as the industry itself. Shooting wells to increase

    production by placing nitroglycerin at the bottom of the hole was done as early as the

    1860s. Acidizing, first used to treat wells producing from limestone formations more than

    100 years ago, became a widely used technique in the 1930s. Mud acid soon was

    developed for formations other than limestone.

    Halliburton established an acid laboratory in 1934, one of the first labs devoted to learning

    more about the emerging science of stimulation.

    Hydraulic fracturing, introduced in 1947, is applied routinely to more than half of U.S. gas

    wells and a third of oil wells. By the 1990s, more than a million hydraulic fracturing

    treatments had been performed, adding billions of barrels of reserves. Halliburton led the

    commercialization of this important technique.

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    Technology has dramatically cut finding costs in recent years, but lifting costs have

    remained relatively flat. Combining a systems approach to production optimization with

    the most advanced discrete technologies to reduce lifting costs is a significant opportunity

    for companies and their operators.

    Changing organizations and shifting resources have added urgency to the economic

    challenge. To respond to growing cost pressures and changing workforce demographics,

    oil and gas producers increasingly are focusing on managing producing assets and shifting

    more responsibility to technology providers.

    An ongoing need to reduce the physical footprint of energy production operations and

    lower the risk of environmental damage is an important challenge.

    Much progress already has been made. Advances in 3-D seismic technology and

    widespread use of horizontal drilling, for example, have resulted in significantly fewer

    wells and more efficient field development, lowering environmental impact. And new

    drilling and completion methods have reduced the amount of waste generated.

    New stimulation fluids and techniques significantly reduce environmental risk and the

    need for waste disposal.

    This three-pronged challenge - to make stimulation treatments more effective in

    increasing production, further lower producing costs and continue to reduce

    environmental risk - will remain for the foreseeable future.

    Continuing education

    The key to achieving these goals is an intimate understanding of the reservoir combined

    with a systems approach that integrates appropriate stimulation technologies.

    Understanding the reservoir and fine-tuning operating parameters as the field matures is

    possible because of a powerful combination of advanced measurement techniques and

    devices, sophisticated communication technology and massive computer power.

    The foundation of Halliburton's total approach to stimulation treatment design is a

    detailed reservoir analysis, putting into context porosity, permeability, fluid saturation,

    rock stress, tectonics, lithology, pressure and more.

    From initial production to abandonment, however, the geomechanical properties of the

    reservoir evolve, making reservoir analysis a continuing process. In some deepwater

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