Evgenii Kanin, Egor Dontsov , Dmitry Garagash, Andrei Osiptsov 

This paper investigates the problem of a radial (or penny-shaped) hydraulic fracture propagating in a permeable reservoir. In particular, we consider the fluid exchange between the crack and ambient porous media as a pressure-dependent process. In most of the existing models, the fluid exchange process is represented as one-dimensional pressure-independent leak-off described by Carters law. We modify this mechanism by including the dependence of the fluid-exchange rate on the fluid pressure inside the fracture. The proposed approach allows the liquid not only to flow out of the fracture but also to leak-in along the region adjacent to the fracture front. The complete model for hydraulic fracturing involves several physical processes that determine the crack propagation, namely, brittle rock failure, elastic equilibrium of rock, viscous fluid flow inside the fracture channel, and fluid exchange. In order to resolve these phenomena near the fracture front in the numerical scheme, we utilise a special asymptotic multi-scale model for the near-tip region, which is used as a propagation condition for the finite fracture. The main aspect of the analysis is a comparison of fracture characteristics such as aperture profile, radius and others calculated via the proposed model with the results of the radial fracture model that assumes standard pressure-independent fluid exchange mechanism governed by Carters law. Based on the comparison, we determine parameter ranges, for which the effect of the pressure-dependent fluid exchange mechanism is essential, and, on the other hand, outline zones for which Carters leak-off model provides accurate results. Finally, by using an approximate solution for the radial fracture with Carters leak-off, we perform estimates of the effect for the entire parametric space, which allows one to evaluate the influence of the pressure-dependent leak-off for any problem parameters.