SPE OKC September Monthly Luncheon

Simulation-Driven Planning and Optimization: Trade-Off Analysis of 2 and 3 Well Simul-Frac, Cost Models, Operational Efficiency, Flow Rates,
About this Event

Brandon Eidson

CPO & Co-Founder at PrePad

Abstract:

Unconventional operators have benefited from adopting a manufacturing/assembly-line approach, using standardized "playbooks" to simplify complex operations and approval processes. However, pad-to-pad variability often exceeds the options a playbook captures, and even where a suitable option exists, the number of interacting variables can make it difficult to identify.This presentation illustrates one such case. Simultaneous-fracturing operations have unlocked a step change in operators' capital efficiency. Nonetheless, whether it is possible and/or optimal to frac one, two, or three wells simultaneously depends heavily on specific geological, supply-chain, well-mixture, and operational circumstances. The value of moving beyond a one-size-fits-most approach is documented.

Biography:

Before co-founding PrePad, Brandon supported multiple Shell businesses through Shell TechWorks. There he developed the precursor to PrePad. He previously worked as a consultant through MathWorks, visiting professor at Auburn University, and as an entrepreneur in various startups. Brandon completed his Doctorate in Electrical Engineering at Auburn University.