88E 33.3% 0.2¢ 88 energy limited

Ann: Operations Update, page-56

  1. 3,881 Posts.
    Effect of shut-in time on gas flow rate in hydraulic fractured shale reservoirs

    Some shale gas and oil wells undergo month-long shut-in times after multi-stage hydraulic fracturing well stimulation. Field data indicate that in some wells, such shut-in episodes surprisingly increase the gas and oil flow rate. In this paper, we report a numerical simulation study that supports such observations and provides a potentially viable underlying imbibition and drainage mechanism. In the simulation, the shale reservoir is represented by a triple-porosity fracture-matrix model, where the fracture forms a continuum of interconnected network created during the well stimulation while the organic and inorganic matrices are embedded in the fracture continuum. The effect of matrix wettability, capillary pressure, relative permeability, and osmotic pressure, that is, chemical potential characteristics are included in the model.

    The simulation results indicate that the early lower flow rates are the result of obstructed fracture network due to high water saturation. This means that the injected fracturing fluid fills such fractures and blocks early gas or oil flow. Allowing time for the gravity drainage and imbibition of injected fluid in the fracture-matrix network is the key to improving the hydrocarbon flow rate during the shut-in period.
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(33.3%)
Mkt cap ! $57.78M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $13.08K 6.540M

Buyers (Bids)

No. Vol. Price($)
180 274719807 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 598652701 202
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.