The global reserve of conventional fossil fuel is being depleted at an fantastic rate. The societal demand for abundant petroleum-based energy currencies drives the search for new sources of oil and natural gas. In many of the World's basins, the exploration for hydrocarbons has reached a mature stage. This is particularly true for shallower deposits (
Natural gas and crude oil production from hydrocarbon rich deep shale formations is one of the most quickly expanding trends in domestic oil and gas exploration. Vast new natural gas and oil resources are being discovered every year across North America and one of those new resources comes from the development of deep shale formations, typically located many thousands of feet below the surface of the Earth in tight, low permeability formations. Deep Shale Oil and Gas provides an introduction to shale gas resources as well as offer a basic understanding of the geomechanical properties of shale, the need for hydraulic fracturing, and an indication of shale gas processing. The book also examines the issues regarding the nature of shale gas development, the potential environmental impacts, and the ability of the current regulatory structure to deal with these issues. Deep Shale Oil and Gas delivers a useful reference that today's petroleum and natural gas engineer can use to make informed decisions about meeting and managing the challenges they may face in the development of these resources. - Clarifies all the basic information needed to quickly understand today's deeper shale oil and gas industry, horizontal drilling, fracture fluids chemicals needed, and completions - Addresses critical coverage on water treatment in shale, and important and evolving technology - Practical handbook with real-world case shale plays discussed, especially the up-and-coming deeper areas of shale development
In the lifetimes of the authors, the world and especially the United States have received three significant “wake-up calls” on energy production and consumption. The first of these occurred on October 15, 1973 when the Yom Kippur War began with an attack by Syria and Egypt on Israel. The United States and many western countries supported Israel. Because of the western support of Israel, several Arab oil exporting nations imposed an oil embargo on the west. These nations withheld five million barrels of oil per day. Other countries made up about one million barrels of oil per day but the net loss of four million barrels of oil production per day extended through March of 1974. This represented 7% of the free world’s (i. e. , excluding the USSR) oil production. In 1972 the price of crude oil was about $3. 00 per barrel and by the end of 1974 the price of oil had risen by a factor of 4 to over $12. 00. This resulted in one of the worst recessions in the post World War II era. As a result, there was a movement in the United States to become energy independent. At that time the United States imported about one third of its oil (about five million barrels per day). After the embargo was lifted, the world chose to ignore the “wake-up call” and went on with business as usual.
In the lifetimes of the authors, the world and especially the United States have received three significant “wake-up calls” on energy production and consumption. The first of these occurred on October 15, 1973 when the Yom Kippur War began with an attack by Syria and Egypt on Israel. The United States and many western countries supported Israel. Because of the western support of Israel, several Arab oil exporting nations imposed an oil embargo on the west. These nations withheld five million barrels of oil per day. Other countries made up about one million barrels of oil per day but the net loss of four million barrels of oil production per day extended through March of 1974. This represented 7% of the free world’s (i. e. , excluding the USSR) oil production. In 1972 the price of crude oil was about $3. 00 per barrel and by the end of 1974 the price of oil had risen by a factor of 4 to over $12. 00. This resulted in one of the worst recessions in the post World War II era. As a result, there was a movement in the United States to become energy independent. At that time the United States imported about one third of its oil (about five million barrels per day). After the embargo was lifted, the world chose to ignore the “wake-up call” and went on with business as usual.
