Midland Chapter of SIPES November, 2016 Meeting

  “DECODING THE PERMIAN: INCORPORATING SEISMIC DATA INTO A MULTIVARIATE DATA ANALYSIS OF THE WOLFBERRY IN THE MIDLAND BASIN.”

Glenn Winters Fasken Oil & Ranch

Samantha Siegel Drilling Info

 

Fasken Oil and Ranch, Ltd. a Midland, Texas privately held company and Drilling Info recently entered into an agreement to work together with a large robust data set containing engineering, geological and seismic information over the next two years.  Well data comprises open and cased hole logs, completion information, core data, 4 years of history production data, and recently acquired 3-D seismic data. These data are being integrated to determine the best practices to optimize the Wolfberry Play of the Permian. The data set includes more than 1900 wells with production history of 50 plus horizontal wells. Fasken has more than 600 sq. miles of contiguous merged and reprocessed seismic data. The seismic data has pre and post stack inversion applied to it.

 

Over the next two years items to be investigated include vertical versus horizontal wellbores, well spacing and landing targets, conventional vs unconventional reservoir targets, and completion practices. In this presentation we will look at high grading conventional targets and generating a porosity volume. On the engineering side we’ll look at how production on a lease fluctuates over time with the increase in density of vertical wells. Utilizing rock properties of the seismic data, wells logs and production analysis this study will hopefully find the golden nugget to high grade the best places to drill in today’s low price environment.

 

 

 

 

SIPES always welcomes guests, and no reservations are required.  Guest luncheon and program cost is $20 to be paid to the treasurer at the meeting.  There is no charge for members.  Reception begins at 11:15, Buffet lunch starts at 11:30 and the program begins at noon.

Speaker: Glenn Winters
Speaker Glenn Winters
   Glenn Winters was born in Chicago and attended Purdue University graduating in 1981 with a BS in Engineering Geology. He began his career in 1981, working as a staff geophysicist for Texaco in Midland. In 1985 he transferred to Texaco’s Denver office, working in special projects and seismic data ...

  


Glenn Winters was born in Chicago and attended Purdue University graduating in 1981 with a BS in Engineering Geology. He began his career in 1981, working as a staff geophysicist for Texaco in Midland. In 1985 he transferred to Texaco’s Denver office, working in special projects and seismic data processing. Winters returned to the Midland office in 1989, where he interpreted seismic data throughout the Permian Basin. He joined Fasken Oil and Ranch in 2002 as staff Geophysicist. Winters continues to focus on acquiring, processing, and interpreting seismic data in the Permian Basin in addition to the Eagle Ford of South Texas and the mountains of Nevada. Glenn has served in several positions with Permian Basin Geophysical Society including President. Winters has worked on several projects with Bob Hardage and the BEG at the University of Texas, including collecting mode-converted seismic data on the Fasken-owned and operated properties. He has been instrumental in helping companies test new technologies in a known test area on the Fasken Ranch and has made presentations to several societies across Texas on this work. 

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Organizer Midland Chapter SIPES

When?

Wed, Nov. 16, 2016
11:15 a.m. - 1 p.m.
(GMT-0500) US/Central

Where?

Midland Country Club Upstairs Ballroom
6101 N. Highway 349
Midland, TX 79707
United States