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Paper presented at the SPE/AAPG/SEG Asia Pacific Unconventional Resources Technology Conference, November 18–19, 2019
Paper Number: URTEC-198318-MS
... and a chance of success associated with each project stage. Most importantly, the model can be modified to help ensure that if the project fails, it does so in the early stages so that capital losses are minimized. This process requires discipline, including maintaining consistent drilling and completion...
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