Testing page for app

More than 21 billion bbl of light, sweet crude oil will be extracted over the lifetime of the Bakken and Three Forks shale plays, according to the latest projections from energy consultancy group Wood Mackenzie.

Global oil production, consumption, and prices have remained largely stable in recent years, but several trends in the world supply/demand balance are evident in BP’s Statistical Review of World Energy 2014.

Efficient production in many fields requires reservoir stimulation. Some of the challenges with hydraulic fracture stimulation are reservoir-related, such as consistently stimulating all targeted intervals.

Featuring speakers from various disciplines and professions, the 2014–15 Distinguished Lecturer Program emphasizes current industry trends, challenges, and technology applications through diverse topics.

One of the personal objectives I took as president was to increase the extent in which SPE collaborates with other professional societies and other industries.

The SPE Board of Directors has approved a realignment of SPE’s standing committees to clarify the scope, nature, and reporting relationships of these groups.

This article reviews methods used to understand the complexities associated with production from shale.

This paper describes a modeling technique by which hydraulic fractures are represented as part of the well model rather than as any form of refinement in the simulation grid.

Multiwell modeling of shale plays is not performed frequently. In projects in which a main objective is well spacing or completion optimization, a comprehensive multiwell reservoir-simulation study is required.

Shale gas is fast becoming a source of energy of paramount significance for the coming years. Although commercial production has been achieved in numerous plays throughout the world, the actual physics involved is poorly understood.