The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jul. 04, 2023
Filed:
Jun. 22, 2020
Saudi Arabian Oil Company, Dhahran, SA;
Saudi Arabian Oil Company, Dhahran, SA;
Abstract
Techniques for developing a hydrocarbon well that include: determining a skin increase threshold; collecting historical production data for hydrocarbon wells; determining, based on the data, skin profiles for the wells; identifying, in response to changes in skin that exceed the threshold, wells as candidates for stimulation; for each of the candidate wells: determining an observed production rate; determining a predicted production rate that corresponds to a skin of zero; determining a cost of stimulation to remediate the well; determining, based on the observed and predicted production rates, a predicted increase in production attributable to stimulation; and determining, based on the cost of stimulation and the predicted increase, a marginal production cost for increased production; selecting, based on the marginal production costs of the candidate wells, a well to be stimulated; and conducting a stimulation of the well selected.