Key In Optimizing Performance Of Producing Wells, Pads By R. Michael Squyres HOUSTON-Oil and gas measurement automation software applications are arriving on the scene just as the industry is in the midst of substantial changes in operating strategies. In response to the prevailing business climate, producers are seeking to increase operating efficiencies and optimize producing assets. This is particularly the case in unconventional resource plays with multiple-well pads. Horizontal wells completed with multistage fracturing in unconventional reservoirs typically experience 50-80 percent production declines within the first year. In addition, recovery rates in these plays are reported to range between only 1 and 9 percent. So, although many tight oil and shale gas wells were brought on line only recently, the rapid decline rates characteristic of unconventional formations are a considerable challenge to returns on capital investments. In order to optimize production, enhance production economics, and ultimately improve recovery rates, it is necessary to understand flow rates and individual well performance. The considerable variability in well and pad production necessitates the need for accurate and timely measurement data, and the ability to monitor and optimize production through automated measurement functions. AUGUST 2015 89