WPX Energy selects Sigma technology for reservoir modelling

WPX Energy has selected SIGMA³ for reservoir modelling in order to understand horizontal well performance in the Bakken.

Using 3D surface seismic and well data, SIGMA³ created a Shale Capacity™ model using key reservoir properties, including natural fractures, brittleness, Total Organic Content, and porosity, that has demonstrated the value of 3D surface seismic data in capturing the reservoir heterogeneity that may be driving the variable well performance seen in the Bakken.

Lee Steinke, Geology Manager at WPX, said: “We appreciate the value that SIGMA³ brings to our team. After several collaborative iterations with SIGMA³ to customise the Shale Capacity model to our area, we were able to validate the results of the model against known production in other wells on the 3D. We now have a better understanding of the distribution and variability of what may be the primary geologic parameters influencing production in the area. The innovative technology and workflow from SIGMA³ helped us to extract more value from our 3D surface seismic. As a result, we have expanded our investment to include a larger area.”

Using its 3D modelling software, CRYSTAL™, as a platform, SIGMA³ delivered an integrated reservoir characterisation workflow tailored for shale plays and validated by production data. Seismically driven fractured reservoir characterisation is now able to significantly increase the understanding as to why some wells are outperforming others in a limited areal extend.

“WPX has a keen understanding of the relevance of multi-disciplinary collaboration and integration and is making great strides in unconventional reservoir development,” added Jorge Machnizh, CEO of SIGMA³. “We are pleased that our solutions have provided additional clarity to their efforts and look forward to delivering additional Shale Capacity models as part of WPX’s next Bakken phase.”

Adapted from press release by Katie Woodward

Read the article online at: https://www.oilfieldtechnology.com/hydraulic-fracturing/31102014/sigma-technology-for-wpx-energy-105/