Steve Gault, Erileck Cameron, Joe Johsnon, Sebastian Millan, Ryan Owen and Calvin Stewart
OXY USA, Inc.
In today’s world it can be challenging to locate the downhole well location immediately below the surface location in secondary and tertiary projects. There are several factors that must be considered when picking the surface location that will maximize value including 1) increases cost of building a location and drilling, 2) increases cost of artificial lift and operations, and 3) production rate and reserve impact. This paper will explore how these factors can be put in an Excel Spread Sheet to assist in picking the location that will maximize value.