Journals Information
Universal Journal of Engineering Science(CEASE PUBLICATION) Vol. 3(4), pp. 79 - 87
DOI: 10.13189/ujes.2015.030403
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Effective Technology Strategy for Shale Plays
Susan Smith Nash *
Director of Education and Professional Development, American Association of Petroleum Development, American Association of Petroleum Geologists, USA
ABSTRACT
This paper presents the results of an analysis of the current state of shale play development in the United States to determine the recent advances in the understanding of reservoir behaviors and the most effective uses of new techniques and technologies. It emphasizes reservoir optimization, and the application of new technologies and techniques to reduce costs and to improve recoverability of hydrocarbons to improve ultimate recoverable reserves. It specifically addresses issues of decline curves, stranded pay between laterals, stacked pay logistics, and pad drilling. In addition, the presentation looks at sweet spot optimization, effective investments, hydraulic fracturing, and geomechanics. In a low price environment, with extreme volatility, the paper also examines strategies employed by companies to preserve their assets and recoverable reserves, which include drilling but not completing and alternative stimulation strategies.
KEYWORDS
Petroleum Geology, Oil and Gas Exploration, Hydraulic Fracturing, Petroleum Engineering, Horizontal Drilling, Independent Producers, Geochemistry, Enhanced Oil Recovery, Shale Gas, Oil Shale
Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Susan Smith Nash , "Effective Technology Strategy for Shale Plays," Universal Journal of Engineering Science(CEASE PUBLICATION), Vol. 3, No. 4, pp. 79 - 87, 2015. DOI: 10.13189/ujes.2015.030403.
(b). APA Format:
Susan Smith Nash (2015). Effective Technology Strategy for Shale Plays. Universal Journal of Engineering Science(CEASE PUBLICATION), 3(4), 79 - 87. DOI: 10.13189/ujes.2015.030403.