Modeling the Risk of Commercial Failure for Hydraulic Fracturing Projects Due to Reservoir Heterogeneity

Modeling the Risk of Commercial Failure for Hydraulic Fracturing Projects Due to Reservoir Heterogeneity

Hydraulic fracturing technologies play a major role in the global energy supply and affect oil pricing. The current oil price fluctuations within 40 to 55 USD per barrel have caused diminished economical margins for hydraulic fracturing projects. Hence, successful decision making the for execution o...

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Bibliographic Details
Main Authors: Hadi Parvizi, Sina Rezaei Gomari, Farhad Nabhani, Abolfazl Dehghan Monfared
Format: Article
Language:English
Published: MDPI AG 2018-01-01
Series:Energies
Subjects:
hydraulic fracturing
tight sand
Risk of Commercial Failure (RCF)
heterogeneity
uncertainty
Net Present Value (NPV)
Online Access:http://www.mdpi.com/1996-1073/11/1/218

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http://www.mdpi.com/1996-1073/11/1/218

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