Comparative Study and Optimization of Multi-Stage Hydraulic Fracturing: Frac Point System Versus Plug-and Perf with Cemented Liner Completions: MDZ-548 & OMGZ-60

Abstract

Hydraulic fracturing is a key stimulation technique widely applied to enhance the productivity of tight reservoirs. Multi-stage hydraulic fracturing (MSHF) has become a cornerstone in the successful development of horizontal and deviated wells. This study presents a comparative analysis between two MSHF completion systems: the FracPoint system (ball-drop activation in open-hole completions) and the Plug-and-Perf system (cemented liner with mechanical stage isolation). The MSUITE software was used to simulate fracture geometry, analyze pressure response, and evaluate stage performance and economic outcomes. The results showed that for Well MDZ-548 (FracPoint), the oil production rate increased from 1.5 m³/h to 3.8 m³/h, while for Well OMGZ-60 (Plug-and-Perf), it improved from 1.2 m³/h to 4.2 m³/h. Economically, the FracPoint completion cost approximately $1.82 million with an estimated Net Unit Revenue (NUR) of $40 per barrel, whereas the Plug-and-Perf method cost between $2.1 and $2.3 million, delivering a higher NUR of $55–$60 per barrel. Additionally, VI pressure analysis revealed ISIP values up to 11,000 psi for MDZ-548 and 16,285 psi for OMGZ-60, with better fracture containment observed in the latter. This project contributes to a deeper understanding of stimulation design in tight formations and offers practical insights to improve performance, optimize completion strategy, and reduce uncertainty in tight reservoir development.