shale oil

This study in a shale-oil formation quantified the hydraulic fracture propagation process and described the fracture geometry by developing a geomechanical forward model and a Green’s function-based inversion model for low-frequency distributed acoustic sensing data interpretation, substantially enhancing the value of the LF-DAS data in the process.

Oil isn’t going away, but that misses the fact that a demand plateau will structurally change the industry for people and companies in the most geologically mature areas, especially the United States.

The UAE produced 4 million B/D this year and is looking to these newly discovered resources to reach 5 million B/D by 2030.

The complete paper describes and quantifies the stress-dependence of compaction and permeability for anisotropic rock matrices, natural fractures, and hydraulic fractures, based on comprehensive rock tests of a fractured tight reservoir.

PowerChina said railway plans are moving forward under Argentina’s current administration and China could provide the financing for the $1.2–1.5 billion project.

The source of gummy, damaging polymer gunk that has flowed from Oklahoma oil wells is becoming clear, and one of the lessons learned is that shale plays require petroleum engineers to learn more about chemistry.

Based on the early results from mass shut-ins of shale wells, it did not harm long-term production and it paid a short-term dividend with more oil flowing in the days after restarting.

The good news is 95% of the oil companies in Texas are expected to survive 2020, which means there is a lot of bad news to endure.

The Permian Basin is now influencing the upstream water market on the way down, while many questions swirl around the implications of unprecedented shut-ins.

A technical synopsis of major considerations for unconventional wells facing prolonged shut-ins. The review includes deciding factors for kill fluid selection and risks of incompatible fluid mixing.