Petro-Tech: Technology is Driving an Unconventional Renaissance
The oil price crash in late 2014 has fundamentally changed the industry. Our cash-hungry shale development programs have been continuing even after the prices halved. How has the industry been keeping the machine turning? We will take a look at how completions technology has impacted typecurves and single well economics. Is this industry willfully destroying capital or is there enough improvement from completions technology to justify continued activity in a low price environment? This presentation will seek to answer these questions by looking at the available data in a novel software package designed for the basin-wide projects of a modern reservoir engineer. Can we go from raw well production data to single well economics and predict the impact of increasing proppant loading? Let’s find out.
SPE Houston Office
10777 Westheimer Rd Suite 1075
Houston , TX