Challenge: Evaluate production performance and treatment size of HiWAY flow-channel fracturing technique versus wells treated conventionally in the Eagle Ford Shale.
Solution: Conduct multipart study using data from the IHS Enerdeq (public data source) for more than 11,400 wells completed after October 2010 to understand the differences between wells treated conventionally and the more than 1,100 wells treated using the HiWAY technique, comparing
- short-term and long-term production
- incremental production and incremental revenue
- overall proppant and water volumes
Results: Achieved significant benefits for wells treated using the HiWAY technique.
- Outperformed conventional wells both short-term (33% at 90 days) and
long-term (38% at one year), on average
- Used 37% less proppant and 32% less water volume when compared with
- Generated an estimated incremental 50 million bbl of oil equivalent
or an additional USD 2.9 billion in gross revenue in 3.75 years from 1,024
Eagle Ford Shale wells treated using the HiWAY technique
- Saved an estimated 2.7 billion lbm of proppant and 2.1 billion galUS
of water in 4.25 years on 1,146 Eagle Ford Shale wells treated using the HiWAY