INNOVATIVE SOLUTIONS FOR DEVELOPMENT OF SHALE OIL AND GAS.
Reservoir Evaluation, Integrated Reservoir Studies, and Refracing Candidate Selection.
What we do
TPC uses proprietary methods and tools for rapid and efficient evaluation and development of shale/tight reservoirs. Services include well‐performance analysis, reservoir evaluation, refracing candidate selection, and field development optimization (landing, completions, stage spacing and well spacing).
SERVICES
Production & Reservoir Evaluation
Are you still using Decline Curve Analysis (DCA) or Rate Transient Analysis (RTA) methods? Can you accurately forecast Estimated Ultimate Recovery (EUR) of Oil and Gas for your new wells?TPC invented a physics-based EUR method (patent pending) to forecast EUR for hydraulic-fractured horizontal wells. The physics-based EUR method can accurately forecast the EUR of multiple fracture horizontal wells even with a couple of months production.The new EUR method has been tested by hundreds of wells in almost every main US shale play. In addition, TPC has extended this method to forecast EURs by using public production data, and has applied the method for almost all horizontal oil wells in key shale plays, e.g., Eagle Ford and Permian (Delaware and Midland basins).
TPC's Integrated Reservoir Study
Do you know what is the best well spacing and stage spacing for your wells to maximize your asset value?TPC integrates geological, geophysical, petrophysical, drilling, completion, and production data to provide solutions for shale/tight reservoir development. First, we conduct data analysis and then build a geological and geomechanical model. Next, hydraulic fractures are simulated using the geomechanical model and completion data. The simulated hydraulic fractures and the geological model are then used to build a reservoir model, which is calibrated by running numerical simulation and history matching. Finally, TPC uses the calibrated model to forecast future production and EUR and to optimize completion design, stage/cluster spacing and well spacing.
Refracing Candidate Selection
Do you want to know how many of your wells still have good potential to refrac and increase the value and reserve of your asset?Well performance is determined by two main factors: reservoir and completion quality. TPC uses a proprietary method to extract these two factors from well production and completion data. Then we select the wells with high reservoir quality, but low completion quality, as refracing candidates.
CURRENT AND PAST PROJECTS
Locations of Our Experience: We have over ten years experience working on unconventional reservoirs and have completed 40+ US onshore projects.
MANAGEMENT TEAM
Frank TaoPresident Ph.D., Petroleum Engineering
Frank Tao received a Ph.D. degree in Petroleum Engineering from Texas A&M University. Prior to forming TPC, Frank worked at Schlumberger and Weatherford as a reservoir engineer. His experience spans over almost all US shale plays.CONTACT US
Send Us Email: tpc@taopetro.com
