Methods of treating subterranean formations using well characteristics

• US 20070055536A1
• Filed: 11/07/2006
• Published: 03/08/2007
• Est. Priority Date: 08/30/2004
• Status: Active Grant

• Current Assignee: Craig Roddy, Rickey Morgan, Ronney Koch, William Caveny
• Original Assignee: Craig Roddy, Rickey Morgan, Ronney Koch, William Caveny
• Inventors: Roddy, Craig, Morgan, Rickey, Koch, Ronney, Caveny, William
• Granted Patent: US 7,664,654 B2
• Time in Patent Office: Days
• US Class Current: 705/400
• CPC Class Codes: G06Q 10/063 Operations research, analysis or management
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 30/0207 Discounts or incentives, e.g. coupons or rebates
• CPC Class Codes: G06Q 30/0283 Price estimation or determination
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

Methods of treating subterranean formations using well characteristics. An embodiment include a method of treating a subterranean formation that comprises obtaining one or more well characteristics for a well servicing treatment, determining a price of the well servicing treatment based on the one or more well characteristics, and performing the well servicing treatment in the subterranean formation. Another embodiment includes a method of treating a subterranean formation that comprises obtaining one or more well characteristics for a cementing operation, determining a price of the cementing operation based on the one or more well characteristics, and performing the cementing operation in the subterranean formation.

Claims

1. A method of treating a subterranean formation, comprising:

obtaining one or more well characteristics for a well servicing treatment;

determining a price of the well servicing treatment based on the one or more well characteristics; and

performing the well servicing treatment in the subterranean formation.

2. The method of claim 1, wherein the well servicing treatment is performed in a well penetrating the subterranean formation.

3. The method of claim 1, wherein the well servicing treatment is selected from the group consisting of a drilling operation, a completion operation, and a workover operation.

4. The method of claim 1, wherein the well servicing treatment is selected from the group consisting of a drilling operation, a fracturing operation, an acidizing operation, a logging operation, a cementing operation, a gravel packing operation, a perforating operation, and a conformance operation.

5. The method of claim 1, wherein the one or more well characteristics comprise at least one parameter selected from the group consisting of a bottom-hole static temperature, bottom-hole circulating temperature, environmental regulation, depth, formation type, hydrocarbon type, geographical area, formation porosity, formation permeability, desired pump rate, desired treatment fluid density, desired level of fluid loss control, desired pump time, existence of a thief zone, corrosion potential, pipe friction, and existence of reactive shale.

6. The method of claim 1, wherein the price of the well servicing treatment is determined based on the one or more well characteristics without determining a component cost of a treatment fluid for use in the well servicing treatment.

7. The method of claim 1, wherein the steps of obtaining one or more well characteristics, determining the price, and performing the well servicing treatment are performed by a single user.

8. The method of claim 7, wherein the single user is an oilfield service company.

9. The method of claim 7, wherein the single user utilizes a data processing system during performance of one or more of obtaining one or more well characteristics or determining the price.

10. The method of claim 1, comprising updating the price of the well servicing treatment during the performance of the well servicing treatment.

11. The method of claim 10, comprising adjusting the well servicing treatment based on the updated price.

12. The method of claim 1, comprising determining a reference value for each of the one or more well characteristics, wherein the reference value is correlated with the price of the well servicing treatment.

13. The method of claim 1, comprising transmitting a list of possible well servicing treatments.

14. The method of claim 13, comprising receiving a selection of the well servicing treatment to be performed based on the transmitted list of possible well servicing treatments.

15. The method of claim 1, comprising transmitting the price of the well servicing treatment over a wireless communication system.

16. The method of claim 1, comprising producing hydrocarbons from the subterranean formation.

17. A method of treating a subterranean formation, comprising:

performing a well servicing treatment in the subterranean formation;

obtaining one or more well characteristics for the well servicing treatment during the performance of the well servicing treatment; and

determining a real-time price of the well servicing treatment based on the one or more well characteristics.

18. The method of claim 17, comprising adjusting the well servicing treatment based on the real-time price.

19. The method of claim 17, wherein the well servicing treatment is selected from the group consisting of a drilling operation, a fracturing operation, an acidizing operation, a logging operation, a cementing operation, a gravel packing operation, a perforating operation, and a conformance operation.

20. The method of claim 17, comprising producing hydrocarbons from the subterranean formation.

21. A method of treating a subterranean formation, comprising:

obtaining one or more well characteristics for a cementing operation;

determining a price of the cementing operation based on the one or more well characteristics; and

performing the cementing operation in the subterranean formation.

22. The method of claim 21, comprising updating the price of the cementing operation during the performance of the cementing operation.

23. The method of claim 21, comprising determining a reference value for each of the one or more well characteristics, wherein the reference value is correlated with the price of the cementing operation.

24. The method of claim 21, wherein the steps of obtaining one or more well characteristics, determining the price, and performing the cementing operation are performed by a single user.

25. The method of claim 21, comprising producing hydrocarbons from the subterranean formation.

26. The method of claim 21, comprising determining the price of the cementing operation comprising determining a realtime price of the cementing operation during the performance of the cementing operation.