Application of net present value (npv) in single well fracture design for upper Oligocene reservoir in Bach Ho field
Abstract
The paper studies the application of net present value (NPV) to optimise fracture design for the Upper Oligocene reservoir in Bach Ho field: sensitivity analysis of fracture conductivity damage factor (0%, and 50%), flowing bottom pressure, and discount rate (10%, 25%, 50%, and 75%) on NPV.
The optimal fracture design includes the combination of reservoir properties, productivity index, rock properties, fracture propagation, rheology of fracturing fluid, proppant loading schedule, and treatment design parameters.
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