How to Effectively Shut in Wells: A Conversation w/ Premier Oilfield Group
Wonderful conversation with the experts at Premier Oilfeild Group and Bilu Cherian (SVP Technology - Director of Reservoir Systems) and Frank Zamora (SVP) Key takeaways: Shutting in a well is not is as easy as turning a switch. There are many issues to consider including the parent /child relationship, volume, reservoir, decline curve, and even if the well can be brought back on line. Many operators are facing shutting wells just because of storage capacity. This has potentially a huge economic impact. Plans that can be prepared based upon actual data can help make decisions with the best possible outcomes. Premier Oilfield Group has data on over 200,000 wells, and over 240 million samples.
