Unconventional reservoirs (shales) have given rise to the most dramatic increase in oil and gas development activity and production levels in decades. Advances in horizontal well drilling and new approaches to multi-stage completions and hydraulic fracture stimulation technology have commercialized these previously marginal resources. We do not adequately understand the hydraulic fracturing process in such reservoirs or the complexities of fluid flow in shales. We are currently unable to reliably predict long-term performance of shale-oil and shale gas horizontal wells.
Significant challenges limit our ability to numerically model the integration of well placement, completion design, hydraulic fracturing/stimulation, and reservoir/well performance. This forum will briefly review available numerical modeling tools and approaches, and identify gaps in current technology, while focusing on future effective and efficient integrated solutions.
The forum will be attended by participants from operating companies, service companies, academia, and other research organizations.