CASE STUDY

Using 22 well pad designs and 9 unique frac efficiency values, Devon was able to quickly identify the optimal equipment and pricing structure from their 15 frac proposals.

In 2023, Devon included 15 different frac service company bids in their formal RFP with the aim of finding the best supplier for their specific frac needs. Each frac service provider had various equipment offerings and varying pricing structures, making proposal comparison a complicated and cumbersome task.

Using 22 well pad designs and 9 unique frac efficiency values, Devon was able to simulate 2,970 different scenarios to quickly identify the optimal equipment and pricing structure from their 15 frac proposals. This scope of work, using legacy excel spreadsheets, would typically take Devon one month to complete. Once calibrated, PrePad provided the same information in less than a day.

Case Study Metrics

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2970

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Frac Scenarios Simulated

PrePad Module(s) Leveraged

PrePad enables oil and gas operators to discover the optimal trade-off between production, cost, cycle time, emissions, and risk by simulating the end-to-end well drilling and completions process for hundreds of unique designs in minutes.