Fekete’s Production Optimization group investigates and identifies upside reserve and production potential which can be developed and added to your booked reserves. We have developed a comprehensive Opportunity Banking Database process which incorporates geological, reservoir, completion, production and economic analyses into a comprehensive summary of your asset.
All projects are managed in a knowledge database with additional information appended as operations advance. Projects are prioritized so that they can be instantly reactivated if oil or gas prices jump or new facilities are built nearby. Project tracking is easy and ideas are never lost with staff turnover. We have over 10 years of experience and an excellent track-record. Clients have realized millions of dollars in upside production based on our results.
Ultimately, our goal is to maximize recover, production and operations of your oil and gas assets. We investigate all aspects of the problem by drawing upon Fekete’s multi-disciplinary expertise. In the end, we bring forward practical and implementible solutions that either add value or cut costs.
Projects
Some of the projects we have completed include:
- Petrophysical evaluation of bypassed pay (including offset analogies and recommended perforation intervals)
- Testing programming
- Remedial workover programming for under-performing wells
- Assessment of optimal well spacing
- Abandonment liabilities and project economics
- Production strategy for single on-shore wells
- Hazardous waste disposal well commissioning
- Frac optimization studies
- Field operations audits for “best practices” and cost effectiveness
- Horizontal well performance evaluations
- Wellbore damage removal recommendations
- Gas lift configurations
- Under balanced drilling analysis
- Abandonment programming
- Neural network optimization
