shale
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Producers in the biggest US oil basin have signaled that they intend to seize on $100/bbl oil prices. -
The paper demonstrates the ability of deep-learning generative models to enable new shale-characterization methods.
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Recent history has taught the unconventional sector that overly optimistic production forecasts can backfire. Going forward, one solution may be to combine financial and subsurface models to better communicate expectations.
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Thousands of horizontal wells that had been drilled but uncompleted (DUCs) offered a way to maintain production without the cost of drilling more wells, but that resource is finally running low.
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The third quarter has so far not seen any mergers and acquisitions in the shale business that top $1 billion.
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The paper aims to determine the mechanisms of fracturing interference with multiwell pads in shale gas reservoirs and evaluate the effect of interwell fracturing interference on production.
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The authors write that cyclic gas injection enhanced oil recovery for Eagle Ford volatile oil can yield substantial increases in estimated ultimate recovery.
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Ministry reveals shale finds during tests in sensitive basin.
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When fracturing, simply shooting all the perforations at the same spot in the casing can offer increased production at a low cost.
