Technically recoverable natural gas from future US shale wells on rise
A new analysis of the nation’s major shale gas plays shows 20% more natural gas can be technically recovered from future wells compared with an estimate made five years ago.
Researchers primarily attributed the increase to new drilling practices.
The analysis by the University of Texas at Austin’s Bureau of Economic Geology examined production capabilities and estimated total gas in the Barnett, Fayetteville, Haynesville, and Marcellus plays. The study updated 2011-13 findings.
Svetlana Ikonnikova, the principal investigator of the study and a research scientist at the bureau, said that developments in drilling technologies, market conditions, cost structures. and improvement in geological characterisation prompted the updated assessment.
“Five years ago, we hardly thought of multilayer or stacked well drilling, or of quadrupling lateral well length,” she said. The team used 3D modelling and advanced data analytics to enhance the understanding of:
- Geologic reservoir characterisation.
- Individual well decline and recovery analysis.
- Individual well geology and engineering improvements that increase productivity.
- Economically recoverable resource assessment.
Researchers found future wells in the four shale gas plays can technically recover about 780 tcf of gas in addition to 110 tcf already recovered by wells drilled by the 31st December 2017.
The previous study found 650 tcf of technically recoverable gas.
Based on US gas consumption of 27 tcf in 2017, the new estimate suggests the addition of about five years of domestic consumption.
The projected increase comes largely from new drilling practices that increase recovery, reduce per-unit cost, and allow companies to continue drilling even during periods of low oil or natural gas prices.
New methods include stacked drilling, drilling wells closer together, and horizontal wells which can run for about two miles.
Source: Oil & Gas Journal