Tight oil and tight gas account for an increasing share of global oil and gas production, yet the development of unconventional fields is still in its infancy. Every unconventional play is sufficiently different and, while best practices can be applied, a substantial learning curve exists for each basin. Additionally, due to the cost and complexity of traditional data analysis, operators and engineers are unable to operationalize the insights that could be obtained from data associated with past well completions. More effectively extracting detailed operational insights from recently completed wells can increase production and deliver significant operating cost efficiencies, immediately improving the thin margins for these tight resource plays.

BHC3™ Well Development Optimization accelerates the tight oil and gas learning curve by helping companies determine the optimal location, completion design and frac design for individual wells across a basin. By aggregating disparate sources of reservoir, drilling and well completion data into the BHC3™ AI Suite and utilizing industry-leading machine learning techniques, BHC3 Well Development Optimization is able to supplement traditional geophysical and engineering approaches with empirical techniques that both increase recovery and reduce development costs.