Microtracer Technology

Technology Reduces Costs, Optimizes Production in Shale Developments

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Current multistage hydraulic-fracturing operations in shale can be expensive, environmentally challenging, and inefficient. Hydraulic-fracturing operations already represent up to 70% of the total drilling and completion cost for each well. Combined with increasing completion intensity, these obstacles drive the need for more-accurate data on the performance of individual fracturing stages to enable improved decision-making. QuantumPro introduced a smart microtracer portfolio that integrates intelligent-completion diagnostics and provides operators with accurate, actionable, real-time performance-flow-profile data. This data can be used to optimize completion strategies, achieve optimal production per foot, and reduce completion cost. The smart microtracer portfolio, coupled with subatomic measurements, provides accurate and robust detection capabilities. Rigorous tracer design and an automated process with stringent quality control assures precise tracer addition. Follow-up onsite laboratory analysis with big-data analytics and 3D fracture-modeling and proprietary-diagnostics capabilities provides accurate, calibrated, actionable, and cost-effective completion-diagnostics results. Because microtracer data are typically captured over several weeks or months, operators are provided access to continuous flow profiling data to optimize well performance routinely when new completion-diagnostics results are received. This enables operators to reduce cost and optimize production in shale developments.

For further information, please visit www.quantumprot.com.