At present, investigation of the effects of natural fractures on optimal well spacing of shale gas reservoirs from an economic perspective has been lacking. Traditional frameworks of fracture characterization, such as local grid refinement, make it unfeasible and inaccurate to study these effects of high-density natural fractures with complex geometries on well spacing. In this study, the non-intrusive EDFM (embedded discrete fracture model) method was presented to characterize fractures fast and accurately. The non-intrusiveness of EDFM removed the necessity of accessing the codes behind reservoir simulators, which meant it could simply create associated keywords that would correspondingly modify these fracture properties in separate files without information regarding the source codes. By implementing this powerful technology, a field-scale shale gas reservoir model was set up, including two-phase flow. The effective properties of hydraulic fractures were determined from the history matching process, and the results were entered into the well spacing optimization workflow. Different scenarios of natural fracture (NF) distributions and well spacing were designed, and the final economic analysis for each case was explored based on simulated productions. As a result, one of the findings of this study was that optimal well spacing tended to increase if more natural fractures were presented in the reservoir.
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