© 2011 HALLIBURTON. ALL RIGHTS RESERVED.

Halliburton Shale Field Development Workflow

Customer Presentation

What is the Shale Field Development workflow?

This workflow uses shale reservoir

modeling and planning tools to

improve well placement,

completion systems and

stimulation design to more

accurately predict production and

improve reservoir understanding

Why are customers interested in the Shale Field Development workflow?

Enhance short term and long term production

Reduce the total cost of field development

Maximize economic return Improve understanding of:

– Reservoir geology & quality

– Well placement & spacing

– Completion & stimulation design

Unique Features - Complex Fracture Design Model

Model the fracture network

Measure and predict complex fracture growth using microseismic and statistical tools.

Incorporate complex fracture designs into field planning and reservoir modeling

Unique Features – Shale Reservoir Model

Model reservoir attributes that determine production potential

Shale algorithms to predict lateral extent, fracture spacing and their production dependence

Algorithms to predict/observe presence and density of natural fractures

Geomechanical attributes linked so the impact of draw-down and closure stress on fracture conductivity can be included in production estimates

Automated gridding from data input to reservoir simulators

Unique Features – Shale Reservoir Simulator

Simulate impact of wellbore and completion scenarios and fracture characteristics on production

Quantify impact of fracture treatment on field productivity by coupling shale reservoir simulator to standard fracture modeling tools

Simulate expected production using SRV and fracture density

Measure success by matching observed production to expected

Simulation within an uncertainty and optimization framework for field productivity

Unique Features - Integrated with DecisionSpace Desktop

View fracture treatment results relative to other wells in the region

View and calculate SRV in context of the geological and geophysical environment

Use microseismic data to validate the complex network fracture design model, fracture density and intensity

Unique Features – Shale Field Planning Tools

Well placement optimization in the DecisionSpace Desktop conditioned to predicted complex fracture network

Optimized well placement based on reservoir attributes that indicate high productivity potential

How we do it – integrated model

Summary

Improve geological screening to more easily identify attractive opportunities

Improve well placement where reservoir quality is best

Optimize designs for lateral length, number of fracture treatment stages and fracture treatment design; Optimize well spacing

Identify bypassed reserves opportunities through advanced reservoir visualization solutions

Improve earth modeling linked to reservoir stimulation and modeling for history matching and reliable production forecasts

Increase total recoverable reserves and enhance production rate