In the pursuit of capital efficiency, operators strive to continually improve drilling and completion performance, especially in the challenging landscapes of Canada’s unconventional plays. In the realm of oil and gas, where every dollar matters and the margin for error is slim, the ability to make informed decisions before the first drill bit touches the ground is not just an advantage—it’s essential.
Enter the world of detailed, stage-by-stage frac data analysis—a game changer in how we approach well completions. Imagine having a comprehensive dataset that covers the expanse of an entire basin, ready at your fingertips before spud. This isn’t just a pipe dream; it’s the reality we’ve been working towards at Enverus, and here’s a look into the journey and the transformative potential it presents.
The Making of the Dataset
At the core of this endeavor, our Canadian data team at Enverus dedicated countless hours, pouring over completions data from more than 7,000 unconventional wells across Canada and continually added new wells. This monumental dataset encompasses insights from more than 274,000 stages, providing an unprecedented level of detail for multivariate analysis. The goal? To highlight the most influential completions variables and pave the way for optimized production results.
With this enhanced dataset, operators can now:
- Visualize every frac stage along the wellbore for an in-depth look at well completions in Enverus PRISM®.
- Tailor the data analysis to specific needs, identifying key operational metrics, challenges and interactions with neighboring wells.
- Dig into the details, from screen outs to seismic events, to refine operational strategies.
- Correlate completion techniques with a wealth of metrics, including spacing, production, economics and geology, to identify trends and opportunities for improvement.
The Practical Impact
Consider the ‘Plug & Perf’ technique, prevalent across Canadian unconventional basins. Our dataset sheds light on the performance of fracture plugs, dissecting more than 100,000 instances to gauge the success rates of top providers. In one use case, we discovered that two leading companies not only hold nearly half the market share, but also boast a remarkable 98% success rate (Figure 1).
Furthermore, by analyzing milling times alongside plug types, our dataset offers insights into optimal plug and mill combinations, potentially saving operators significant time and resources, making this data valuable to operators outside of Canada (Figure 2).
FIGURE 1 | Plugs Installed by Manufacturer and Failure Rate
FIGURE 2 | Frac Plugs Installed and Average Milling Time by Manufacturer
The Interface: Enverus PRISM
Navigating this wealth of information is made seamless with Enverus PRISM, our interactive platform that brings more than 200 attributes per stage to your screen. This tool empowers operators and service companies to make evidence-based decisions, avoiding the costly trial and error approach and instead leveraging the collective experience embedded in our dataset.
Looking Ahead
The challenges faced by Canadian operators and service companies are many, but so are the opportunities for innovation and efficiency. As we continue to refine our datasets and tools, our goal remains clear—to provide the industry with reliable, detailed insights that drive better decisions, lower costs, and elevate productivity.
Explore more of our Canadian Solutions here. To learn more about the latest Canadian data improvements or to speak with someone from our team, fill out the form below.
