Oil production in the Niobrara has almost doubled from less than 200,000 barrels per day in 2012 to almost 400,000 barrels per day in 2014, whilst rig counts have more than tripled from 20 to 70 in the same period. This rapid expansion is only set to accelerate, with latest reports showing that Niobrara operators collectively are expected to invest over $7 billion in the play in the next year.
With most of the key acreage bought up and sweet spots now identified, the focus of operators in the Niobrara has now moved to maximizing the productivity and economics of their wells. To do this they need to identify the optimal well spacing, completions techniques and lateral lengths to drive increased production rates
The inaugural Niobrara Completions & Well Spacing Congress 2014 will be the first event to gather up-to-the-minute case studies from the leading E&Ps in the Niobrara to determine the completions and well spacing strategies that are optimizing productivity in the play. Consisting 100% of operator case studies using real life production data, each presentation will be from work done specifically in the play.
Topics Covered At The Congress Will Include:
- COMPLETIONS TECHNIQUES: Comparing different completions techniques to determine which ones can optimize production rates in the Niobrara, including: plug and perf vs. sliding sleeve, open-hole completions vs. cemented liner, slickwater fracs vs. gel fracs
- WELL SPACING: Determining the optimal well spacing for maximizing the productivity and economics of wells in the Niobrara
- NUMBER OF FRAC STAGES: Choosing the optimal number of frac stages per well to minimize the cost of completions in the Niobrara
- FRAC SIZES: Selecting the right volume and type of proppant and frac fluid to minimize formation damage and maximize recovery in Niobrara wells
- OPTIMIZING LATERAL LENGTHS: Identifying the optimal lateral lengths for Niobrara wells and examining how lateral length impacts completions design