BAKKEN 200 WELL EXAMPLE:
Fresh Water Cost - $18 million
50% Guaranteed Savings - $9 million
Oil Production, Annual - 36,000 bbl
10% increase at $50/bbl - $36 million
Chemical inhibitor cost - $4 million
Return on Investment - 575%
10 Well Field Trial - 60 days
Cost: Chemicals and service - $30,000
Fresh Water Savings - $29,000
CONCLUSION: FIELD TRIAL PAYS FOR ITSELF
GUARANTEE: 50% FRESH WATER REDUCTION
NDFTA achieves 50 - 80% reduction in fresh water costs for every well
NDFTA improves oil production revenues by 10 - 20%
NDFTA reduces disposal costs 20 - 30%
NDFTA develops ROIs of greater than 100% for each well
NDFTA's 10 well field trial pays for itself
One of the biggest operational expenses in oil and gas production in the Williston Basin and elsewhere is the cost of using fresh water to dilute the high salinity brines associated with most Bakken shale oilfield wells. Several hundred million dollars are spent annually by operators for fresh water to dilute the brines and prevent the formation of hard sodium chloride deposits (halite). By using industry approved halite inhibitors, significant reductions in fresh water can be made but only through the field trial process. Although daunting for both the operator and service company, hands on experience is a necessary component for conducting successful fresh water reduction field trials because of the co-optimization process for both fresh water and halite inhibitor. In the Bakken, only 10 – 20 % of all wells have had any success in reducing fresh water use. Industry could save millions annually through the use of best practices in field trial optimization.
NDFTA sells and manages field trials for fresh water reduction, halite inhibition and mineral scale inhibition programs. NDFTA uses patented eco-friendly products in field trials to develop the most optimized fresh water use that benefit operators with sustained lower fresh water costs, oil production revenue increases and reduced disposal well costs.
NDFTA sells and manages field trials for fresh water reduction, halite inhibition and mineral scale inhibition programs.
NDFTA’s trained and experienced staff are local field and former service company sales engineers.
NDFTA utilizes the experience of local service companies to help in the management and execution of field trials.
NDFTA engineers are experienced in well operations and work with both operator engineers and resident service companies to optimize performance of each individual well in the field trial.
NDFTA weekly technical goals provide the operating plan used in reaching the most optimize and profitable well operation.