FAYETTEVILLE SHALE SWEET SPOT ANALYSIS USING PRODUCTION DATA

Analyzing sweet spots in shale formations typically relies on extensive analysis of formation properties. Gas well production varies based on not only the abundance of gas available in a reservoir, but also the development, size, and condition of the well. Any attempts to perform a sweet spot analysis based solely on production data should attempt to exclude these factors. The purpose of this study was to find a simple and efficient way to remove the well related factors from the data so that true production potentials can be shown in terms of location within the Fayetteville shale formation of north-central Arkansas. Statistical analysis shows variation in production trends through time as drilling methods evolved, as well as localized highs and lows in production potential.