Technology: Driving Costs Down & Total Recoverable Resources Up

This panel addresses the unique challenges that companies will have to overcome as these unconventional plays.

Moderated by Bill Pike, Ph.D., Editor-in-Chief, E&P Magazine

Shales are organic-rich and low-perm but have abundant gas in place. Their low recovery efficiency requires hydraulic fracturing, making shales, "a completion play," says Bill Coates, president, Schlumberger Oilfield Services North America.

In the Woodford shale, a notoriously difficult environment for drillbits, an operator had a record ROP of 30.5 feet per hour and saved almost $200,000 in operational expenditures, says Marc Edwards, global vice president, production enhancement, for Halliburton.

Proppant keeps the frac open not only initially but, ideally, throughout the producing life of the well, says David Gallagher, vice president of Carbo Ceramics Inc.

Mike Ming of Research Partnership to Secure Energy for America (RPSEA) says research in unconventional gas is intended to increase supply, reduce cost and increase efficiency. Currently there are 42 industry participants in this portion of the project.

Featuring:

• How Technology Is Opening Up Production
  Bill Coates, President-Oilfield Services North America, Schlumberger
• Unconventional Solutions for Unconventional Assets
  Marc Edwards, Global Vice President of Production Enhancement, Halliburton
• Realistic Economics When Stimulating Emerging Shale Plays
  David Gallagher, Vice President, CARBO Ceramics Inc.
• Like Pouring Rain Back Into A Cloud: Water-Disposal Hurdles In the Marcellus
  Speaker Invited

Total Length: 01:18:19

Included: Videos, Slides, Conference and Synopses