geomechanics
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One of the oldest names in geomechanical modeling has learned some new tricks, and like so many recent advances in the oil and gas industry, it has everything to do with the North American shale revolution.
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The force required to drill through a rock is a direct test of its strength and stiffness. Developing a reliable measure of the properties of rock based on the force required to drill a long lateral is a large challenge.
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Developers of the latest generation of unconventional hydraulic fracturing models are hoping that current weak oil and gas prices will generate newfound interest in their software technology.
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For those in shale exploration, “fracability” is a real word, a critical property, and a point of contention.
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