URTeC
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As well-developed shale plays and tight formations mature and decline in production, nontraditional strategies for maximizing production and discovering new resources must be considered. -
In a plenary session at the Unconventional Resources Technology Conference, executives in charge of unconventional operations for international oil companies talked about how they have slashed their cost per barrel.
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The pursuit of sweet spots in unconventional oil and gas plays is driving the creation of an emerging set of data-driven systems to measure, map, and predict how wells will perform in unconventional reservoirs.
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At the recent 2015 Unconventional Resources Technology Conference, a major theme was how companies can improve performance without increasing the size of their budget.
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The label unconventional oil and gas stubbornly hangs on because these formations cannot be understood using the rules of conventional petroleum engineering.
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At the Unconventional Resources Technology Conference in Denver, discussion revolved around solving problems below ground and above ground.
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