METHOD INTEGRATING FRACTURE AND RESERVOIR OPERATIONS INTO GEOMECHANICAL OPERATIONS OF A WELLSITE

A method of performing oilfield operations at a wellsite is disclosed. The wellsite is positioned about a subterranean formation having a wellbore therethrough and a fracture network therein. The fracture network includes natural fractures. The method involves generating fracture parameters including a hydraulic fracture network based on wellsite data including a mechanical earth model, generating reservoir parameters including a reservoir grid based on the wellsite data and the generated fracture wellsite parameters, forming a finite element grid from the fracture and reservoir parameters by coupling the hydraulic fracture network to the reservoir grid, generating integrated geomechanical parameters including estimated microseismic events based on the finite element grid, and performing fracture operations and production operations based on the integrated geomechanical parameters.