SUMMARY Natural fractures play a significant role in oil and gas reservoirs. Accurate predictions of fracture parameters are vital in reservoir prediction and oil and gas development. The birefringent phenomenon of shear waves in fractured media makes shear wave splitting (SWS) analysis an important tool in formulating fracture predictions. The traditional SWS analysis method is based on an orthogonal assumption of fast and slow shear waves. However, in an orthotropic medium composed of a background vertical transversely isotropic medium and a set of vertical fractures, fast and slow shear waves are not necessarily orthogonal. This causes the traditional SWS analysis method to fail. To solve this problem, we proposed an SWS analysis algorithm with a non-orthogonal assumption of fast and slow shear waves in this study. First, we introduced a parameter (difference angle) to characterize the angle between slow shear waves and the normal polarization directions of the fast shear waves. Subsequently, based on the traditional two-parameter scanning algorithm, a parameter was added to facilitate three-parameter scanning. In addition, we derived an expression for the two-parameter scanning objective function using the non-orthogonal assumption. Two-parameter scanning can accurately extract fast and slow wave time delay data, but it cannot determine an accurate fast shear wave polarization direction. Therefore, we optimized the three-parameter scanning algorithm as follows: first, we used two-parameter scanning to obtain the fast and slow wave time delays and then performed further scanning to determine the polarization direction of the fast shear wave and difference angle. The optimization algorithm significantly improved the computational efficiency. Subsequently, we tested the accuracy of this method using synthetic single-trace and three-component vertical seismic profile data. We demonstrated the implementation process of the three-parameter scanning method using actual data, separated fast and slow shear waves, and predicted fracture parameters. The final fracture parameters were verified.
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