Table 3 Parameters used for NPV calculation.
Parameters | Details | Unit |
|---|---|---|
Fracturing cost | Base cost: number of fracture × 3 + 15 | 104 $ |
Fluid cost: Fluid volume (m3) × 0.005 | ||
Proppant Cost: Proppant volume (m3) × 0.02 | ||
Oil testing cost | Base cost: number of fracture × 1.5 + 2.5 | 104 $ |
Other cost | Drilling + Cementing + Logging Cost: Well length × 0.02 | 104 $ |
Oil price | 60 | $/bbl |
