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Parkdota, an operator's projected decline curve incorporates their planned adjustment of the choke size as a well depletes.
For example, a well may initially have a flowing pressure of 7500 psi but this will decline (along with the flow rate). As this flowing pressure approaches line pressure (~ 1000 psi) the operator would gradually increase the choke size to almost full open over time. At this point the well would be switched to a low pressure system and the choke size would likely be reduced again for some limited time period.
Some operators start wells at a larger choke size (~ 22/64") and have a larger 1st year decline. Others use the more conservative choke size (~ 14/64") and have a much flatter 1st year production curve.
Adubu, this is still mixed opinions on the optimum choke size (traditional -vs- more restrictive) and it varies by area of the play. In some cases the same operator is using different approaches in different areas (analogy -- driver -vs- short iron).
Also, since operators are trying to optimize economics (example - NPV) rather than EUR the optimum choke size is also a function of natural gas price profile. I also believe completion and fracture treatment design are significant factors.
EnCana & Chesapeake are more traditional in approach while Petrohawk & Questar are generally using smaller choke sizes.
Hale Noyah,
Huh? What hype?
Parkdota, generally a well with a high flow rate and high flowing pressure indicates a strong performer that could have a longer economic life and higher EUR. I always look at rate, pressure and choke size to get a more complete picture of a well. The more restrictive choke size reults in a lower rate but higher flowing pressure.
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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