Determining the economic feasibility of hydraulic fracturing in a low-permeability formation area

The article analyzes the economic performance of wells with hydraulic fracturing. The effectiveness of using hydraulic fracturing technology in the development of the oil reserve area with the low-permeability zone is defined in terms of its economic feasibility. To do this we studied the dependence of the net profit value of the enterprise, accumulated during the billing period, from the fracture length and the oil prices on the international market. As the estimates for calculating, we used the economic activity data of one of the oil-producing enterprises of Tatarstan. The dynamics of growth of the accumulated net profit value was studied taking into account the options and different fracture lengths in the low-permeability zone. It was found that the greater the fracture length is near injection wells in the low-permeability zone, the lower the accumulated net profit value is, and vice versa.