Characterizing Well Spacing, Well Stacking, and Well Completion Optimization in the Permian Basin: An Improved and Efficient Workflow Using Cloud-based Computing.

In a multiwell environment, the formula for improving the recovery efficiency per rock volume depends on the well spacing, stacking, and the completion strategy. Operators in the multi-benched Permian basin have actively pursuing various trials of different combinations of vertical and horizontal spacing and completions of wellbores. The study presented in this paper tries to achieve a prescription for successful exploitation of the cube of the unconventional reservoirrock through cloud-based multivariate simulation modeling.