PrePad Assists Multinational in Selecting the Most Optimal Completions Design

PrePad • 1 April 2025

Unlocking Immediate and Future Value Per Well

Shell partnered with PrePad to understand what frac cluster efficiency a plug-and-perf (PnP) well would require to breakeven with the single-point entry cemented sleeve scenario (at its optimal stage length). A comprehensive understanding of when to run each completion technology is essential for Shell to maximize the immediate and future value from their asset base.


How PrePad Helped

PrePad’s simulation software helped Shell understand the complex trade-offs and the interdependencies of variables such as well cost and time performance, contractual structure, and preferred financial metrics. By running over 10 times more iterations than practical due to highly manual and iterative tools currently available, Shell could identify where it makes sense to use plug and perf and single point entry completions designs, based on an assumed cluster efficiency for plug and perf.


OTHER CASE STUDIES

US Large-Cap Reduces Frac RFP Analysis Time From Several Weeks to Less Than a Day

by PrePad • 1 April 2025
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.

Canadian Mid-Cap Increases 2-Year Free Cash Flow by $500,000 Per Well

by PrePad • 1 April 2025
PrePad’s simulation software enabled Artis to estimate costs and cycle times with extraordinary speed and flexibility.