Published paper on the results of a petrophysical model developed by SPRI that recognized new potential.
Led to significant expansion of Terryville Field.
Carthage Field | East Texas
Developed petrophysics model for Travis Peak formation.
Increased success rate of recompletions and drilling from 33% to 85% in more than 40 completions.
Selmo | Southeast Turkey
Designed and drilled 18 wells averaging 2000 BOPD each, totaling 36 MBOPD.
Increased booked proved reserves by 27 MMBO. Added 21 wells to inventory to be drilled.
Lea County Water Flooding | Delaware Basin
Redistributed water injection to cut operating costs by $450,000 per year (9% cost reduction).
Increased oil production by 165 BOPD (8% production increase).
Initiated 3 new waterfloods.
Reorganized 3 old waterflood units, incorporating petrophysical model, pattern conformance and reservoir engineering.
Proposed 62 infill wells.
Identified 77 workovers.
Resulted in additional 4.2 MMBO and 9.7 BCF of booked proved reserves.
Dimmit County Waterflood | South Texas
Evaluated feasibility and proposed waterflood project.
Added 3 MMBO in proved undeveloped reserves.
Montague & Clay Counties | North Texas
Screened acreage for Barnett Shale “combo play” project using seismic and petrophysical models.
Discovered new commercial shallow oil production on the same acreage.
South Marsh Island 128 | Offshore Louisiana
Added 200 BCF in booked proved reserves.
Increased field production by 125 MMCFD.
High Island 309/310 | Federal Waters Texas
Increased production by 60 MMCFD.
Added 90 BCF in booked proved reserves.
Cook Inlet | Alaska
Proposed discovery well which tested at 34 MMCFD from 3 of 22 proved reservoirs.
HI115 | High Island
Redrilled collapsed well, on production within 6 months.
Payout in less than 10 months.
Life of production 5 years.
Sierra Pine Resources International works with clients throughout the upstream oil and gas industry to solve problems and provide solutions that increase the value of their assets in every stage of the production curve.