Technologies, workflows & expertise for “right-sizing” your development program

• Improving forecast accuracy and reliability

• Designing optimal well spacing & stimulations that generate reliable PDP with +free cash flow to power delivering returns to investors

Developed over a decade of innovation empowered by in-depth integration of subsurface science and engineering, our unique capabilities have consistently generated game-changing value for stakeholders in even the most challenging commodity price and capital environments.

We offer unique, integrated solutions to help you plan and execute development strategies that generate more free cash flow (+FCF) and return on capital employed (ROCE).

PRE-determining optimal well spacing based on fundamentally-derived Recoverable Oil-in-Place

A perfect well spacing will maximize per-well, per-acre, and per-dollar recoveries while minimizing parent-child well interference. But today, we must also consider the amount of CO2 we release into the atmosphere as a result of the diesel-intensive industrialized drilling and completion activities. Determining the perfect spacing by ‘trial and error’ can be highly capital-destructive with even a single unsuccessful iteration.

Whether planning a pad development or determining how far to offset an existing producer, our revolutionary combination of Proactive Recovery Factor Modeling (Pro-RFM™) with high-precision OOIP assessment enables us to provide well spacing recommendations custom tailored to each and every drilling unit’s local reservoir quality and available reservoir drive energy.

Improving forecast accuracy and reliability

Reliable forecasts are critical for planning and executing development programs that achieve investors’ heightened demands for ROCE , +FCF, and production growth. Put plainly, success requires that Today’s capital expenditures be adequately offset by Tomorrow’s revenue from production. With oil production from aging parent and child wells increasingly falling short of the legacy forecasts used to justified their capital expenditure, +FCF can seem perpetually ‘just around the corner’ and maintaining past production growth rates can seem out of reach altogether.

Shale Specialists has developed empirical decline curve analysis technologies and first-principles workflows that greatly enhance forecast accuracy and reliability to help you generate reliable PDP with greater confidence than before.

IRR & NAV optimization using EUR Tuning™

With distinctly different cost-basis, capital structures, and undeveloped acreage, each operator has a unique sweet-spot in terms of balancing reserves acceleration, internal rate of return (IRR), and net asset value (NAV). Our discovery that the primary source of mechanical energy driving oil to the surface can be predetermined - and its available recovery factor known - allows us to exploit a key relationship: well spacing affects EUR, just as EUR affects well spacing.

We can model various EUR and spacing scenarios against drilling and completion costs to hone in on the ultimate EUR and well spacing configuration for your specific needs and varying reservoir quality.