Increase Production with SIGMA³ Engineering
Helping clients determine the best way to complete, frac and refrac is about production response, not cement and horsepower. SIGMA³ engineers deliver completion and fracture treatments that help operators drill the optimal number of wells and leverage their trajectory to make the most of reservoir properties.
Drilling and completion operations are typically 40-50% of the E&P budget, so addressing these questions in a robust way is essential to success, and with a stable of reservoir, drilling, completion, and stimulation engineers onboard, SIGMA³ has helped complete more than 34,000 frac stages around the world. Optimized fracturing campaigns – like those designed with the help of SIGMA³ – lead to fewer costly stages and better recovery.
SIGMA³ offers a full line of classical reservoir engineering services, such as decline curve analysis, pressure/rate transient analysis, volumetrics, material balance, and log analysis.
We also offer a full line of economic analysis services to help clients perform economic evaluations of potential development projects, including drilling opportunities, workovers, facilities and field expansions, etc., and valuation of acquisition and divestment acreage and/or interests. Economic analyses includes conventional cash flow analysis with forecasting of production rates, acquiring pertinent price forecasts, capital investments and operating costs from respective groups and assuring the correct assumptions regarding timing, taxes, price differentials, economic limits, etc.
The SIGMA³ approach is unique because we leverage direct engineering experience from 11,000 wells. With broad experience in drilling and producing reservoirs all over the world has led to success in capturing petroleum reserves, we provide complete, integrated petroleum field studies that have resulted in multifold increases in oil and gas production.
Clients working in the Bakken that have seen significant production improvements using the expertise of our SIGMA³ engineers.
We deliver technology-driven solutions that help our clients:
- Drill wells in the right locations while avoiding geohazards
- Design completions with the maximum return on investment
- Dictate asset-wide investment decisions
SIGMA³ Delivers a Distinct Advantage
SIGMA³ helps clients improve field performance by delivering practical recommendations and completion techniques that improve the production response from both existing and new completions. Using a comprehensive engineering approach field-tested in basins around the world, production comparisons are conducted to evaluate different completion techniques, and production responses are reviewed on each well to verify the impact of hydraulic fracturing modeling results.