case study analysis bakken - saint gobain proppants | …€¦ · · 2017-09-13($mil) versaprop®...

McKenzie County, ND

CASE SUMMARYProppants have a tough job. They must retain fracture geometry and provide sustainable conductivity to the wellbore at application conditions. How well they do their job depends on the application environment. Unconventional wells, with their thin fractures, minimize proppant pack height and increase the pressure on the proppant bead. In thin layer/monolayer conditions, only the highest strength and highest quality proppants have the strength to maximize well production. Only some proppants are Well Worth It!

Case Study Analysis

bakken

Proppant Type410 -Day Cumulative

BOE3 Year Cash Flow

($MIL)

VersaProp® + Sand 129,022 5.95






Sand + Other Ceramic

84,540 3.94

Sand + Other Ceramic

81,957 3.81

Sand + Economy Lightweight Ceramics

63,555 3.01


44,812 2.20


117,862 5.48


56,468 2.68


28,856 1.32

Cumulative production, versaprop® vs neighboring wellsC

um

ul

at

ive

BO

E

Cumulative Producing days

0

2000 400 600 800 1000 1200

40,000

80,000

120,000

160,000

200,000

20,000

60,000

100,000

140,000

180,000

Sand + Versaprop® Tail-in

Sand + economy lightweight ceramics

Sand + other ceramics

410-Day Cumulative BOE

64%Increase

3-Year Cash Flow

$2.3M

Higher

versaprop® tail-in Differentiation

over other ceramic tail-in solutions

over economy lightweight ceramic tail-in solutions

410-Day Cumulative BOE

119%Increase

3-Year Cash Flow

$3.24M

Higher

parameters used in analysis: WTI@$55/bbl, gas@$4.00, 20% royalty

Well Number 10054469 10054470 10054471 10054472 10004498 34673

Basin Bakken Bakken Bakken Bakken Bakken Bakken

State, County ND-McKenzie ND-McKenzie ND-McKenzie ND-McKenzie ND-McKenzie ND-McKenzie

Well Name Sovig 24-22-3H Sovig 24-22-4H Sovig 24-22-5H Sovig 24-22HTimber Creek

21-27-2 HTimber Creek

21-27H

API #33-053-05604-

00-0033-053-05605-

00-0033-053-05606-

00-0033-053-05607-

00-0033-053-04848-

00-0033-053-04231-

00-00

Latitude 47.791043 47.791046 47.791046 47.791044 47.788643 47.788396

Longitude -103.469725 -103.469542 -103.469359 -103.470092 -103.468127 -103.467761

Service ProviderAvailable upon

requestAvailable upon





request

OperatorAvailable upon






request

Trajectory Horizontal Horizontal Horizontal Horizontal Horizontal Horizontal

Fracture Date 9/6/2014 9/13/2014 9/13/2014 9/6/2014 7/10/2013 10/4/2012

True Vertical Depth (ft) 10,685 11,082 11,080 11,088 11,104 11,130

Lateral Length (ft) 10,164 10,350 11,208 9,582 9,344 9,277

Bottom Hole Temp (F) 260 267 267 267 — 268

Total Water Volume (gal) 2,106,004 2,075,892 2,060,567 2,005,188 1,744,897 1,528,886

Frac Fluid Type SlickCrossLinkHyb SlickCrossLinkHyb SlickCrossLinkHyb SlickCrossLinkHyb CrossLink Slickwater

Saint-Gobain Ceramic Proppant (Y/N)

Y Y Y Y Y Y

Proppant Type Sand + Ceramic Sand + Ceramic Sand + Ceramic Sand + Ceramic Sand + Ceramic Sand + Ceramic

Total Proppant Mass (short tons)

1,746 1,792 1,848 1,733 1,736 1,416

Total SG Proppant Mass (short tons)

513 549 555 524 580 342

SG Proppant Name VersaProp® VersaProp® VersaProp® VersaProp®VersaProp® +

VersaLite®VersaProp®

Total Sand Proppant Mass (short tons)

1,233 1,243 1,293 1,209 1,156 1,074

Sand Proppant Name 20/40 Sand 20/40 Sand 20/40 Sand 20/40 Sand 20/40 Sand 20/40 Sand

Total Other Proppant Mass (short tons)

0 0 0 0 0 0

Other Proppant Name — — — — — —

Well Number 34356 34481 10013314 10004515 10013311 10052 9897

Basin Bakken Bakken Bakken Bakken Bakken Bakken Bakken

State, County ND-Williams ND-Williams ND-Williams ND-Williams ND-Williams ND-Williams ND-Williams

Well Name Bayer 14-20NEH Deborah 14-20 SHE Olson 34X-19G Olson 34X-19H Olson 34X-19D Olsen 34-19SWH Olsen 34-19NWH

API # 33-053-03724-00-00

33-053-03723- 00-00

33-053-04914- 00-00

33-053-04913- 00-00

33-053-04912- 00-00

33-053-03719-00-00

33-053-03720-00-00

Latitude 47.791302 47.791302 47.791106 47.791106 47.791106 47.791042 47.791042

Longitude -103.513507 -103.513324 -103.528219 -103.528100 -103.527978 -103.527883 -103.528066

Service Provider Available upon request

Available upon request






Operator Available upon request







Trajectory Horizontal Horizontal Horizontal Horizontal Horizontal Horizontal Horizontal

Fracture Date 9/23/2012 10/11/2012 10/11/2013 9/20/2013 9/24/2013 2/11/2012 3/6/2012

True Vertical Depth (ft) 11,140 11,105 11,213 11,215 11,215 11,124 11,137

Lateral Length (ft) 9,053 10,117 9,484 9,936 9,932 8,113 9,292

Bottom Hole Temp (F) 268 267 269 269 269 267 268

Total Water Volume (gal) 2,041,349 1,663,486 3,506,110 3,690,589 3,515,415 1,857,660 2,205,600

Frac Fluid Type SlickCrossLinkHyb SlickCrossLinkHyb CrossLink CrossLink CrossLink SlickCrossLinkHyb SlickCrossLinkHyb

Saint-Gobain Ceramic Proppant (Y/N) N N N N N N N

Proppant Type Sand + Ceramic Sand + Ceramic Sand + Ceramic Sand + Ceramic Sand + Ceramic Sand + Ceramic Sand + Ceramic

Total Proppant Mass (short tons) 1,131 1,142 1,764 1,845 1,857 1,103 1,164

Total SG Proppant Mass (short tons) 0 0 0 0 0 0 0

SG Proppant Name — — — — — — —

Total Sand Proppant Mass (short tons) 729 792 957 997 1,004 612 826

Sand Proppant Name Sand Sand Sand Sand Sand Sand Sand

Total Other Proppant Mass (short tons) 402 350 807 848 853 492 338

Other Proppant Name Other Ceramics Other Ceramics Other Ceramics Other Ceramics Other Ceramics Other Ceramics Other Ceramics

Saint-Gobain Proppants6105 Cynamide Road

Benton, AR 72015 Tel: (479) 782-2001

Toll Free: (800) 643-2149 email: [email protected]

proppants.saint-gobain.com

Disclaimer

Seller makes no warranty, expressed or implied, concerning the product or the merchantability

or fitness thereof for any purpose, except that the product conforms to contracted

specifications, and that the product does not infringe any valid United States or Canadian

patent. No claim of any kind shall be greater in amount than the purchase price of the quantity

of product in respect of which damages are claimed. In no event shall seller be liable for

incidental or consequential damages, whether buyer’s claim is based on contract, breach of

warranty, negligence or otherwise.

© Saint-Gobain Proppants 2017

case study analysis bakken - saint gobain proppants | …€¦ · · 2017-09-13($mil) versaprop®...

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