Tight and Unconventional Formations
Tight formations are defined as formations requiring hydraulic fracturing to produce economically. If you are considering hydraulic fracturing in your project, in order to make or improve the economics, please be aware that this has implications on the full field development. Well paths, well completions, production facilities and platforms are all impacted. By involving hydraulic fracturing expertise from early on in the project you enable the potential to develop the maximum value of the project in a safe manner.
Unconventionals are defined as formations with hydrocarbons that have not migrated away from the source rock. This definition implies that the permeability of the source rock is too low for any significant moveable hydrocarbons volume over a longer distance, even when a high drawdown is applied. Following this a much higher number of wells and hydraulic fractures are required to develop an unconventional.
In North America, the unconventional plays have seen a dramatic evolution since early this century. A predecessor of Fenix (Pinnacle) was part of this revolution by supplying (downhole) microseismic technology and production evaluation based on hydraulic fracturing engineering from the early days. Fenix has the expertise to help you in the pre-project evaluation, planning, execution and production evaluation of unconventional plays.