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Driving Revenue and Reducing Risk with a New Approach to Well Design

As companies look to grow profits and reduce unnecessary risks, initiatives to improve efficiency and efficacy of well planning could have lasting positive impacts. 

However, the most common well planning process is an overly simple practice that hasn’t kept pace with many other industry developments and doesn’t provide the most optimal outcomes.

Has your approach to well design evolved along with industry needs?

In this white paper: 6 ways to tell if well sticks are holding your company back

  • Why does the industry’s current approach to well planning create unnecessary friction? 
  • What are the potential shortcomings and risks inherent in most companies’ approach to well design? 
  • What are the potential benefits of exploring a new solution? 
  • How could a fresh approach drive better outcomes from increased output to higher revenue?
  • What is a more effective well planning process, and how can you get there? 
  • Bonus: Use our checklist to identify if your current approach needs reevaluating

Ready for faster, more accurate well mapping that drives better outcomes? Download our white paper now for critical insights on what you’re missing in your well design process — and how to bridge the gap.

An integrated approach to well design

A manual process for well planning is common, but most companies have encountered difficulties with how it translates to decision-making further down the line.

What if your process for well design provided more accuracy and flexibility, allowing you to make better decisions earlier in the design process and improving the likelihood of success? 

Imagine the vast improvements to well planning when your designs are created following a thorough and iterative process that brings data, insights, and flexibility to the table. 

With integrated field analytics built into an intuitive software package, companies can plan pads in 3D, test and compare different plans, and optimize lateral length within land boundaries. 

Incorporating geoscience earlier in your design process can help you cut planning time by building field development plans in 3D from the start. With more accurate mapping, your company can avoid costly mistakes, increase lateral, and optimize production from each well.

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