ALEXANDRIA, Va., Sept. 30 -- United States Patent no. 12,429,615, issued on Sept. 30.
"Quantitative evaluation method for hydraulic fractures in near-wellbore region" was invented by Xuhui Zhou (Beijing), Shoudong Huo (Beijing), Shengqiang Mu (Beijing), Guoxu Shu (Beijing), Liang Huang (Beijing), Jiangyun Zhang (Beijing), Wenchao Su (Beijing) and Mingran Liu (Beijing).
According to the abstract* released by the U.S. Patent & Trademark Office: "A method for determining hydraulic fractures in the near-wellbore region, comprising the following steps: constructing a model with hydraulic fractures, a wellbore, and a formation as main components, and discretizing the model using non-uniform grid technology. This data subset is inverted using th...