10
Raise Production Inc. Next The Revolution in Oil and Gas The information contained herein must be kept strictly confidential and may not be reproduced or redistributed in any format without the approval of RAISE Production Inc.

Next The Revolution

  • Upload
    others

  • View
    3

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Next The Revolution

Raise Production Inc.

NextThe

Revolutionin Oil and Gas

The information contained herein must be kept strictly confidential and may not be reproduced or redistributed in any format without the approval of RAISE Production Inc.

Page 2: Next The Revolution

The Raise Difference

It is our business to be different; we supply artificial lift technology

to provide the highest level of innovation that will maximize

production, surpass expectations, and be essential in the future of

the oil and gas industry.

Page 3: Next The Revolution

Unconventional Solutions to Unconventional Challenges

The contents of this document are the confidential property of Raise Production Inc. The contents herein must not be used, copied or communicated in any form without the express written consent of Raise Production. © 2018 Raise Production Inc.

CHALLENGE: In the new age of horizontal drilling

All artificial lift solutions are landed above the

perforations resulting in poor lifting efficiency.

SOLUTION: Technology designed to place the artificial

lift solutions at the right geometry to maximize reserve

recovery.

The Goal:

Maximum fluid lift efficiency

Equipment longevity

Mitigate steep decline rates

Page 4: Next The Revolution

Why Horizontal wells are in trouble

Frac fluid and formation water separate quickly to the “troughs” retarding productivity

Gas rises to the top of the well bore and expands rapidly at lower pressures

Trapped OilFoamy Oil

Result: Disorganized flow from the Hz to the build and vertical sections of the wellbore and low artificial lift efficiency

The contents of this document are the confidential property of Raise Production Inc. The contents herein must not be used, copied or communicated in any form without the express written consent of Raise Production. © 2018 Raise Production Inc.

The unique challenges in horizontal wellbores require innovative solutions.

Page 5: Next The Revolution

Raise has a Three (3) Step Solution (Patent PendingPatent PendingPatent PendingPatent Pending)

Divide the well bore into Vertical, Build and Horizontal flow scenarios that

can be controlled.

HARPTM Solution Phase 1

High Angle Pumping Solution

Evolutionary (Commercial)

REALTM Solution Phase 2

Horizontal Separation

Revolutionary (1 Year out)

Revolutionary (Commercial)

HARTTMSolution Phase 3

Increase Inflow & Access “Stranded” Reserves w/ Horizontal Pump Technology

The contents of this document are the confidential property of Raise Production Inc. The contents herein must not be used, copied or communicated in any form without the express written consent of Raise Production. © 2018 Raise Production Inc.

Page 6: Next The Revolution

The Raise Difference

46 35

• TVD gain alone is not indicative of good quality fluid at

the pump intake.

• Ensuring quality fluid at the pump intake requires that

fluid is picked up from the bottom of the wellbore.

• Efficient pumping requires slug mitigation, separation

and elevated calm fluid conditions at the pump intake.

• Proper fluid conditions leading to the pump intake

ensures submergence of the pump intake via the

FluidSeeker™

Page 7: Next The Revolution

Flow in the Wellbore is the Challenge

Well Decline Rates

Producing Area1st Year

Decline

Canada

Bakken (SK) -66%

Viking -64%

Cardium -63%

Amaranth -60%

Tight Carbonates -67%

United States

Bakken & Three Forks -60%

Eagle Ford -50%

Permian -60%

Significant variability in initial well characteristics:

Sandstones, Shales and Carbonates

Completion technologies

Lateral lengths

Reservoir characteristics

Variability here implies wellbore flow is the challenge

Our experience has proven that reserves are being trapped

A need exists to equalize the drawdown along the horizontal during

production

Page 8: Next The Revolution

Preferential Drawdown

Efficient horizontal wellbore production is facilitated

by an equalization of the drawdown along the

wellbore

Conventionally, pumps landed near the heel will not

influence the reservoir much past the heel

A single drawdown point creates preferential

production of the reservoir near the wellbore heel

(un-equalized drawdown)

Solution Gas Drive:

Evolved solution gas in the reservoir (PR less than

PB)

Segregated flow

Drive gas produced at the heel

Page 9: Next The Revolution

Why The REALTM System? ((((Patent PendingPatent PendingPatent PendingPatent Pending))))

Paramount Functions of the REALTM system:

Mitigate slugging flow

Induce calmness in the flow at the heel of the well

Permit gravity separation in the wellbore annulus

Isolate the lift system intake

Present the best quality fluid to the pump intake

Return to Equilibrium:

Land the REALTM system below depleted fractures

Access production from deeper in the horizontal

Return reservoir to equilibrium state (crossflow)

Obtain best possible pumping efficiency

With only one dynamic component, simplicity in design and

operation are the keys to success

Page 10: Next The Revolution

Thank You!