Economics of Unconventional Shale Gas Development

Economics of Unconventional Shale Gas Development

Author: William E. Hefley

Publisher: Springer

Published: 2014-12-03

Total Pages: 248

ISBN-13: 3319114999

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This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible. The importance of natural gas is seen as likely to continue to expand over the coming years, and is expected to increase even further with environmental considerations, such as greenhouse gas emissions. Horizontal drilling and hydraulic fracturing producing natural gas from deposits such as the Marcellus Shale is making the US a net producer of natural gas. Previous studies have examined the economic impact of exploration and production in the region. Other studies have addressed legal, environmental, biodiversity, and public health impacts of unconventional shale development. This is the first volume to focus solely on the economics and related financial impacts of this development. This book not only fills the research gap, but also provides information that policy makers and the public need to better understand this pressing issue.


Fundamentals of Gas Shale Reservoirs

Fundamentals of Gas Shale Reservoirs

Author: Reza Rezaee

Publisher: John Wiley & Sons

Published: 2015-07-01

Total Pages: 417

ISBN-13: 1119039266

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Provides comprehensive information about the key exploration, development and optimization concepts required for gas shale reservoirs Includes statistics about gas shale resources and countries that have shale gas potential Addresses the challenges that oil and gas industries may confront for gas shale reservoir exploration and development Introduces petrophysical analysis, rock physics, geomechanics and passive seismic methods for gas shale plays Details shale gas environmental issues and challenges, economic consideration for gas shale reservoirs Includes case studies of major producing gas shale formations


Unconventional Oil and Gas Resources

Unconventional Oil and Gas Resources

Author: Usman Ahmed

Publisher: CRC Press

Published: 2016-04-05

Total Pages: 862

ISBN-13: 1498759416

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As the shale revolution continues in North America, unconventional resource markets are emerging on every continent. In the next eight to ten years, more than 100,000 wells and one- to two-million hydraulic fracturing stages could be executed, resulting in close to one trillion dollars in industry spending. This growth has prompted professionals ex


Unconventional Reservoir Geomechanics

Unconventional Reservoir Geomechanics

Author: Mark D. Zoback

Publisher: Cambridge University Press

Published: 2019-05-16

Total Pages: 495

ISBN-13: 1107087074

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A comprehensive overview of the key geologic, geomechanical and engineering principles that govern the development of unconventional oil and gas reservoirs. Covering hydrocarbon-bearing formations, horizontal drilling, reservoir seismology and environmental impacts, this is an invaluable resource for geologists, geophysicists and reservoir engineers.


Unconventional Petroleum Geology

Unconventional Petroleum Geology

Author: Caineng Zou

Publisher: Elsevier

Published: 2017-03-10

Total Pages: 508

ISBN-13: 0128122358

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Unconventional Petroleum Geology, Second Edition presents the latest research results of global conventional and unconventional petroleum exploration and production. The first part covers the basics of unconventional petroleum geology, its introduction, concept of unconventional petroleum geology, unconventional oil and gas reservoirs, and the origin and distribution of unconventional oil and gas. The second part is focused on unconventional petroleum development technologies, including a series of technologies on resource assessment, lab analysis, geophysical interpretation, and drilling and completion. The third and final section features case studies of unconventional hydrocarbon resources, including tight oil and gas, shale oil and gas, coal bed methane, heavy oil, gas hydrates, and oil and gas in volcanic and metamorphic rocks. - Provides an up-to-date, systematic, and comprehensive overview of all unconventional hydrocarbons - Reorganizes and updates more than half of the first edition content, including four new chapters - Includes a glossary on unconventional petroleum types, including tight-sandstone oil and gas, coal-bed gas, shale gas, oil and gas in fissure-cave-type carbonate rocks, in volcanic reservoirs, and in metamorphic rocks, heavy crude oil and natural bitumen, and gas hydrates - Presents new theories, new methods, new technologies, and new management methods, helping to meet the demands of technology development and production requirements in unconventional plays


Shale Analytics

Shale Analytics

Author: Shahab D. Mohaghegh

Publisher: Springer

Published: 2017-02-09

Total Pages: 292

ISBN-13: 3319487531

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This book describes the application of modern information technology to reservoir modeling and well management in shale. While covering Shale Analytics, it focuses on reservoir modeling and production management of shale plays, since conventional reservoir and production modeling techniques do not perform well in this environment. Topics covered include tools for analysis, predictive modeling and optimization of production from shale in the presence of massive multi-cluster, multi-stage hydraulic fractures. Given the fact that the physics of storage and fluid flow in shale are not well-understood and well-defined, Shale Analytics avoids making simplifying assumptions and concentrates on facts (Hard Data - Field Measurements) to reach conclusions. Also discussed are important insights into understanding completion practices and re-frac candidate selection and design. The flexibility and power of the technique is demonstrated in numerous real-world situations.


Unconventional Gas Shales

Unconventional Gas Shales

Author: Anthony Andrews

Publisher: DIANE Publishing

Published: 2010-02

Total Pages: 53

ISBN-13: 143792543X

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In the past, the oil and gas industry considered gas locked in tight, impermeable shale uneconomical to produce. However, advances in directional well drilling and reservoir stimulation have dramatically increased gas production from unconventional shales. There may be as much as 200 trillion cubic feet of natural gas technically recoverable from these shales. There is an expectation that the demand for natural gas will increase. Developing these shales comes with some controversy. Contents of this report: (1) Background; (2) Unconventional Gas Shale Resources in the U.S.; (3) Drilling and Development Technology; (4) Leasing Issues for Gas Development; (5) Fed. and State Laws and Regulations Affecting Gas Shale Development. Illus.


When Fracking Comes to Town

When Fracking Comes to Town

Author: Sabina E. Deitrick

Publisher: Cornell University Press

Published: 2022-01-15

Total Pages: 262

ISBN-13: 1501761013

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When Fracking Comes to Town traces the response of local communities to the shale gas revolution. Rather than cast communities as powerless to respond to oil and gas companies and their landmen, it shows that communities have adapted their local rules and regulations to meet the novel challenges accompanying unconventional gas extraction through fracking. The multidisciplinary perspectives of this volume's essays tie together insights from planners, legal scholars, political scientists, and economists. What emerges is a more nuanced perspective of shale gas development and its impacts on municipalities and residents. Unlike many political debates that cast fracking in black-and-white terms, this book's contributors embrace the complexity of local responses to fracking. States adapted legal institutions to meet the new challenges posed by this energy extraction process while under-resourced municipal officials and local planning offices found creative ways to alleviate pressure on local infrastructure and reduce harmful effects of fracking on the environment. The essays in When Fracking Comes to Town tell a story of community resilience with the rise and decline of shale gas production. Contributors: Ennio Piano, Ann M. Eisenberg, Pamela A. Mischen, Joseph T. Palka, Jr., Adelyn Hall, Carla Chifos, Teresa Córdova, Rebecca Matsco, Anna C. Osland, Carolyn G. Loh, Gavin Roberts, Sandeep Kumar Rangaraju, Frederick Tannery, Larry McCarthy, Erik R. Pages, Mark C. White, Martin Romitti, Nicholas G. McClure, Ion Simonides, Jeremy G. Weber, Max Harleman, Heidi Gorovitz Robertson


The Real Cost of Fracking

The Real Cost of Fracking

Author: Michelle Bamberger

Publisher: Beacon Press

Published: 2014-08-05

Total Pages: 249

ISBN-13: 0807084948

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A pharmacologist and a veterinarian pull back the curtain on the human and animal health effects of hydraulic fracturing, or “fracking” Across the country, fracking—the extraction of natural gas by hydraulic fracturing—is being touted as the nation’s answer to energy independence and a fix for a flagging economy. Drilling companies assure us that the process is safe, politicians push through drilling legislation without a serious public-health debate, and those who speak out are marginalized, their silence purchased by gas companies and their warnings about the dangers of fracking stifled. The Real Cost of Fracking pulls back the curtain on how this toxic process endangers the environment and harms people, pets, and livestock. Michelle Bamberger, a veterinarian, and Robert Oswald, a pharmacologist, combine their expertise to show how contamination at drilling sites translates into ill health and heartbreak for families and their animals. By giving voice to the people at ground zero of the fracking debate, the authors vividly illustrate the consequences of fracking and issue an urgent warning to all of us: fracking poses a dire threat to the air we breathe, the water we drink, and even our food supply. Bamberger and Oswald reveal the harrowing experiences of small farmers who have lost their animals, their livelihoods, and their peace of mind, and of rural families whose property values have plummeted as their towns have been invaded by drillers. At the same time, these stories give us hope, as people band together to help one another and courageously fight to reclaim their communities. The debate over fracking speaks to a core dilemma of contemporary life: we require energy to live with modern conveniences, but what degree of environmental degradation, health risks, and threats to our food supply are we willing to accept to obtain that energy? As these stories demonstrate, the stakes couldn’t be higher, and this is an issue that none of us can afford to ignore.