UPSTREAM EP ADVISORS
Where Technical Insight Meet Business Solutions
Unconventional (Tight Oil/Gas) Development
We can help with lifecycle unconventional developments
Unconventional resources can provide energy security at affordable price in uncertain times and political turmoil. Even in the deep decarbonizing scenarios (IEA -SDS), oil demand will still be around 67 MMstbpd. Only the most abundant, reliable and flexible hydrocarbon sources will be competitive in agile portfolio's; only the US unconventional (tight oil/gas) resources fits the bill; we can help you identify and develop these unconventional plays (see also our video below).
Watch our Video on Shale Revolution & New Business models
Key Questions; How To Beat the Competition?
We can help you answer these challenging questions and develop a profitable strategy
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What are the 'Big-Rules' that can help defines your unconventional play?
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What is the main 'play-area' based on big rules? Where to focus on drilling?
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Where is the 'sweet-spot' within the play, and How to characterize it?
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What are the reservoir and well controls on productivity?
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What are the most optimum well completion and fracture design?
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Our Experience
We have extensive experience in unconventional shale within continental USA (Antrim Shale in Michigan, and Eagleford Shale in Texas) to help you identify / evaluate unconventional plays/acreage and develop exploitation strategy.
Our Methodology/Approach
We have an auditable approach and a sound methodology to ensure success. Before acquisition as well as after acquiring acreage, we can help you with our 5-Step, play de-risking approach that guarantees high productivity and consistent results:
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We help you develop big 'Big-Rules' for your unconventional oil or gas play
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The big-rules help develop 'Common Risk Segment' (CRS) map; characterizing attractiveness of areas within the play
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We then help develop a 'Sweet Spotting' strategy
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We map PI's /IP's in the play and develop integrated view of 'controls on productivity.'
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We then develop play specific 'well-completions' & 'fracturing design' to de-risk the play
STEP-1: BIG RULES
We help develop big rules that are for that are specific for your oil & gas play (see source rock evaluation) - See Sample below:
STEP-2: CRS MAPPING
We help build the CRS maps for key play elements that identify and narrow the potentially attractive areas for sweet-spotting; see example below;
STEP-3: SWEET-SPOTTING
We query databases and prepare map of Expected Ultimate Recovery (EUR) and Initial Potential (IP) to identify top quartile EUR/IP (sweet-spot) and relate to reservoir and maturity parameters that control the sweet spot (see Source Rock Evaluation)
STEP-4: CONTROLS ON PRODUCTIVITY
Map well Productivity Indices (PI) and/or Initial Potential (IP) and relate to various reservoir parameter that control production.
STEP-5: PLAY SPECIFIC WELL COMPLETIONS
