unconventional resources

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.

With the world’s fifth-largest estimated shale gas reserves, there is great potential for Saudi Arabia to replicate North America’s unconventional growth.

While the collapse in oil price is reshaping opinions about the North American shale revolution and the outlook for oil producers, natural gas producers in the United States are in a somewhat different position

A panel of experts says US shale producers need to rethink their drilling and completion designs as problems mount for horizontal wells when they go on pump. Hanging in the balance is whether long-term production from many shale wells will be achievable.

Oil markets displayed their manic-depressive side in August, dropping to around USD 40/bbl early and jumping back to near USD 50/bbl at month’s end.

Data mining for production optimization in unconventional reservoirs brings together data from multiple sources with varying levels of aggregation, detail, and quality.

To understand production from shale reservoirs, the role of hydraulically induced fractures, natural fractures, and their interaction in a formation must be captured.

At the recent 2015 Unconventional Resources Technology Conference, a major theme was how companies can improve performance without increasing the size of their budget.

Enventure Global Technology is working to convince operators that its solid expandable steel liners perform better than chemical diverter agents for refracturing operations. Its technology is called the ESeal ReFrac Liner.

For the past several years, automated drilling has promised to deliver major improvements in drilling performance. But the technology is facing new obstacles that might affect its progress and commercialization.