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Building operational standards from fracture data analysis
solution
simulation
industry
oil & gas
technology
simulation
data-science
tags
Based on data analytics and statistical modeling, standards for hydraulic fracturing operations were defined according to multiple segmentations.
The analysis includes:
01
Handling large volumes of historical transaction data.
02
Construction of statistical models of all operations.
03
Generation of statistical indicators.
04
Massive statistical simulation for the generation of rigorous standards.
In addition, the following characteristics were considered for the construction of the simulation model:
- Frac Plan Type
- Pumping policies
- Casing diameter
- Variable times between stages
- Zipper/Simul methodology
- Differential branch lengths
- Wells per PAD
- Allowed misalignment based on depth.
