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Low Oil Prices Increase Value of Big Data in Fracturing

Photo courtesy of Hess.
Hess is drilling test wells at its Bakken Shale acreage to learn which hydraulic fracturing treatments provide the most value.

Shale operators are searching for insights to get the most value from hydraulic fracturing at a time of low oil prices.

Discovering these insights requires a closer analysis of well data in order to make more cost-effective field development decisions. “We are often working with short-term data and need to find a way to turn that into long-term well performance,” said Craig Cipolla, a senior completions engineering adviser at Hess, who spoke at the recent 2015 SPE Hydraulic Fracturing Technology Conference in The Woodlands, Texas.

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Low Oil Prices Increase Value of Big Data in Fracturing

Jack Betz, JPT Staff Writer

01 April 2015

Volume: 67 | Issue: 4

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