-
f Global Trends and Local Challenges Reshaping Shale Gas Development Strategies
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, AAPG/EAGE/SPE Shale Gas Workshop, Oct 2012, cp-318-00009
- Previous article
- Table of Contents
- Next article
Abstract
In less than a decade, the petroleum industry has experienced significant change associated with the development of shale gas reservoirs. Integration of technologies such as horizontal wells and multistage fracturing has enabled much greater reservoir contact, and the industry has been effective in porting these technologies around the world. It has also become recognized that a reservoir-centric approach with an integrated team of multidisciplinary experts is required to optimize the overall drilling, completion, and stimulation design, as reservoir characteristics vary from shale basin to shale basin. And, additional local challenges are playing a role, as shale gas development is also influenced by local resource constraints, logistical challenges, and market drivers. These local challenges can play a significant role in defining the optimum development strategy, especially given the sheer volume of proppant, water, chemicals, and trucks typically required to support shale gas operations. Although the specific local challenges may be different, the industry is moving in a consistent direction to improve efficiency and increase production with fewer resources and less waste. This presentation will provide a snapshot of how global trends in shale gas are accelerating the learning curve around the world and, at the same time, how reservoir conditions and local constraints are reshaping the development of basin specific solutions. It is through the right mix of global solutions and local customizations that basin specific solutions will reshape shale gas development strategies in the years to come.