The final act of completing a horizontal well and bringing it on line represents a special period for unconventional oil and gas producers. Typically done weeks or months after drilling and hydraulic fracturing operations, this stage—known as flowback—is akin to the moment of birth. Like a newborn baby, as each new well takes its first breath and exhales, it is customary to evaluate its health and start projecting how it will grow up. For a shale producer, this moment weighs heavily upon its future since flowback analysis feeds into long-term recovery estimates and economic models. Flowback data are also cheap compared to many other reservoir diagnostics. The challenge lies in the fact that there is no single flowback analysis method that operators can use to land on the “right” conclusion, while locking into the wrong one can be costly. The good news is that there are plenty of ways to narrow the band of uncertainty to paint a clearer picture of what early-time flow is really saying about how a well was completed, and what it will deliver going forward. Several of the latest industry insights and best practices on this topic were shared last winter at a conference organized by the Calgary-based completions-focused training startup SAGA Wisdom. The firm’s first annual meeting in St. Augustine, Florida, featured a panel of reservoir engineering experts that offered candid and practical advice on how to run a flowback analysis program. The discussion reflected the shale sector’s need for data management and improved modeling methods to illuminate what really drives tight-rock production. Real-Time Flowback for Long-Term Recovery Shale producers, service companies, and petroleum academia have delivered many flowback studies over the years. However, as far as the bottom line is concerned, flowback analysis is not merely an academic exercise. The goal for operators both large and small is to maximize rates, while minimizing the damage to the reservoir and conductive fracture networks. James Tucker was an engineer with Devon Energy when he coauthored one of OnePetro’s most-downloaded technical papers (SPE 174831) on flowback analysis and choke management. The paper described the operator’s use of rate transient analysis (RTA) and real-time data to double 30-day initial production (IP) rates from a field in the Eagle Ford Shale in Texas. Tucker, now a senior reservoir engineer with Austin-based Venado Oil & Gas, highlighted when the paper was written in 2014 that oil prices were significantly higher than today. That offered more leeway for engineers to test ideas with a wider margin of error than can be afforded today. “Yes, there is value to be had by pulling the rigs forward and increasing your IP,” he said. “But as oil prices have declined, and we’ve moved to more mature plays and the second-tier areas, the range of degradation is much more sensitive.”