AN ECONOMIC AND RISK BASED APPROACH TO OFFSET WELL PREPARATION FOR NEARBY FRACS IN THE DELAWARE BASIN

With the increase in activity in the Delaware Basin, preparing wells for the pressure spikes seen from offset fracs is crucial in order to maintain safe operations.  It is important to take risk and economics into account when deciding how to prep a well. Most importantly, historical data should be factored into the decision making process and used to build the program guidelines.  Factors that should be accounted for are artificial lift type, surface equipment ratings, producing interval, frac azimuth, and 
relative distance and position to the well being fractured.