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Optimization of Hydraulic Fracturing Treatment Parameters to Maximize Economic Benefit in Tight Oil by Shiqian Xu; Jianchun Guo; Qihong Feng; Guotong Ren; Yuyao Li; Sen Wang is a Engineering article available to read on EtoBox.

What is Optimization of Hydraulic Fracturing Treatment Parameters to Maximize Economic Benefit in Tight Oil about?

The optimizations of hydraulic fracturing treatment parameters are widely studied. Three optimization goals are usually pursued, i.e., uniform fracture propagation, stimulated reservoir volume (SRV) or fracture area maximization, and economic benefit maximization. However, when we pursue uniform fracture propagation or SRV maximization, can we also obtain the maximum economic benefit? Since the simulation of fracturing and production are usually-two separate methods, few studies have simultaneously investigated the relationship between fracturing treatment parameters and these three optimization goals. Therefore, the novelty of this work is that these relationships are systematically revealed under four different geological conditions, i.e., homogeneous and heterogeneous properties, hydraulic fracture turning, and induced secondary fractures. In comparison with previous hydro-mechanical model, our model can not only simultaneously simulate fracturing and production, but also consider some characteristics of tight oil reservoir, including nonlinear flow in tight matrix, dynamic capillary pressure, hydraulic fracture turning, and induced secondary fractures. Furthermore, simulation r

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Author

Shiqian Xu; Jianchun Guo; Qihong Feng; Guotong Ren; Yuyao Li; Sen Wang

Publisher

Elsevier BV

Published

2022

Language

EN

Field

Engineering (Physical Sciences)