Data Determine the Optimal Drawdown for Woodford and Mayes in the Anadarko Basin

Abstract

One of the continuing puzzle pieces for all unconventional plays is drawdown (DD) technique for optimal Return on Investment (ROI). A solid approach to determine this valuable piece of information has yet to be found, as many operators are reluctant to reveal the production, pressure, and completion data required. Among multiple parameters, various completion and spacing parameters add to the complexity of the problem. This paper aims to determine which drawdown strategy leads to the highest return in the Anadarko Basin,, specifically evaluating the Woodford and Mayes formation. Several drawdown techniques were used within the Anadarko Basin in conjunction with different completion techniques. Private production and completion data were analyzed and combined with well log analysis in conjunction with data analytics tools. This case study explores a new strategy to drawdown producing wells within the Anadarko basin to achieve ultimate ROI. We perform data analytics utilizing analytics (scatterplot smoothing) to develop a relationship between two dependent variables Estimated Ultimate Recovery (EUR) and Initial Production (IP) for 180 days of Oil vs. drawdown. We present a model that evaluates horizontal well production based on drawdown parameters. Key data were estimated using reservoir and production parameters. The data led to determination of the most optimal drawdown technique for different reservoirs within the Anadarko Basin. This result may help professionals fully understand the Anadarko Basin. By use of these optimal parameters, we hope to completely understand the best way to drawdown wells when they are drilled simultaneously. Our findings and workflow within the Woodford and Mayes formations may be applied to various plays and formations across the unconventional play spectrum. Optimal drawdown techniques in unconventional reservoirs could add billions of dollars in revenue to a company's portfolio and increase rate of return dramatically, as well as offer a new understanding of the reservoirs in which we are dealing with.