ConocoPhillips had one patents in cybersecurity during Q4 2023. The patent filed by ConocoPhillips in Q4 2023 focuses on using shut-in pressures to determine uncertainties in hydraulic fracturing processes in shale reservoirs. By analyzing data collected during multistage fracturing, variables such as propped fracture height and induced stresses can be calculated, taking into account horizontal stress anisotropy. These variables can then be used to enhance fracturing monitoring, predict hydrocarbon recoveries, and adjust fracturing plans for improved efficiency. GlobalData’s report on ConocoPhillips gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
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ConocoPhillips grant share with cybersecurity as a theme is 0% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Methods for shut-in pressure escalation analysis (Patent ID: US20230334204A1)
The patent by ConocoPhillips describes methods for utilizing shut-in pressures to determine uncertainties in hydraulic fracturing processes in shale reservoirs. By analyzing data collected during multistage fracturing, variables such as propped fracture height and induced stresses can be calculated, considering horizontal stress anisotropy. These variables can then be integrated into reservoir simulations to enhance fracturing monitoring, predict hydrocarbon recoveries, or adjust fracturing plans.
The patent's claims detail a method for oil production involving obtaining shut-in pressure data at the end of each fracturing stage, inputting this data into a software program to match it by varying stress plateau and escalation, estimating fracture height and other parameters, and optimizing fracturing plans based on the data. The method also involves measuring ISIP at different stages, determining fracture reorientation based on stress load, and modifying various parameters in the fracturing plan to enhance production efficiency. Additionally, the patent outlines a method for producing oil by estimating fracture height and horizontal-stress anisotropy based on ISIP data, optimizing a reservoir fracturing plan using these estimates, implementing the plan in a well, and producing oil from the well based on the optimized plan.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
