Tropes

mininginnovationnews.com 2014 000064.txt

#Halliburton releases CYPHER 2. 0 seismic-to-stimulation service Halliburton has announcedthe release of the CYPHER (SM) 2. 0 Seismic-to-Stimulation Service a proprietary and collaborative workflow that links geoscience and reservoir drilling and completion engineering to allow operators to better predict and produce unconventional reserves. The CYPHER 2. 0 service builds on the complete full-field solution and provides enhanced capabilities through innovative software applications allowing operators to optimize the development of their unconventional reservoirs and reduce their cost per barrels of oil equivalent (BOE). Powered by Landmark's Decisionspace next-generation earth modeling solution the workflow is unique to the industry in that it is capable of updating dynamically and iteratively with the seismic and well data required to model the structure rock and fluid properties. Halliburton's petroleum systems modeling technology defines the distribution of hydrocarbons in the unconventional reservoir to aid well placement while the company's integrated formation evaluation module identifies the sweet spots for optimizing the spacing of perforation clusters. Key scientific and technological advances in the CYPHER 2. 0 service include modelling the interaction of the reservoir's natural fracture networks with the fractures induced by the hydraulic fracturing process. This results in a more accurate fracture network model with which to simulate the production performance of the completion design. Critical operational factors can then be adjusted in real time between stages during the fracture treatment to further optimize well performance. Another advancement is the ability to evaluate predict and alter perforation cluster efficiency. Leveraging these models to rapidly evaluate the production performance of different well placement and completion design options Halliburton is able to quickly and iteratively optimize the development plans for operators shale assets. Since we released the CYPHER service in September 2013 we have seen tremendous customer interest and uptake said Jim Brown Halliburton's President of the Western hemisphere. Projects on shale assets in several North american basins have delivered a 35 percent production increase on average. The CYPHER 2. 0 service is a step-change improvement in our ability to deliver better wells for our customers at a lower cost per BOE. Devon Energy first applied the CYPHER service in the Grasslands Area of the Northern Barnett Shale. After seeing improved production results and EURS with far less production variations between wells Devon has chosen to incorporate the CYPHER service in the Eagle Ford Shale as part of their technology efforts to help them better understand the reservoir and also aid in the stimulation design to help improve their fracture efficiency and effectiveness. The CYPHER service is deployed to all major shale developments in North america and many key international markets through multi-disciplined technical teams with more than 300 technical professionals trained on major elements of the workflow w

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