Economics of Unconventional Shale Gas Development


Book Description

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.




Environmental and Health Issues in Unconventional Oil and Gas Development


Book Description

Environmental and Health Issues in Unconventional Oil and Gas Development offers a unique, non-partisan perspective relevant to the use of directional drilling and hydraulic fracturing, presenting clear and frank discussions on implications for a variety of stakeholders involved in unconventional oil and shale gas development. Much has changed since the first edition, including how UOGD is performed, changes in monitoring and control technologies, and new issues raised by both government and non-government stakeholders. The contributing authors address a wide range of relevant topics. The economics of hydraulic fracturing are discussed. Methane emissions, decarbonization, and responsibly sourced gas are explored in depth. The authors also look closely at climate risk and risk mitigation. Water issues are covered with a review of water quality impacts along with waste issues. This is followed by a detailed examination of health and safety in regard to occupational health, public health, risk perception, risk communication, and transportation. Finally, the editors wrap up with important discussions on environmental justice and environmental, social, and corporate governance. Readers will find much to consider and apply to their own work within this reference on the critical environmental issues facing the unconventional oil and gas industry.• Serves as a collective, up-to-date resource for academics and professionals in the oil and gas, environmental, health, and safety industries, as well as environmental scientists and policymakers• Features a multi-disciplinary and expert group of chapter authors from academia, non-governmental organizations, governmental agencies, and the oil and gas industry• Provides thoughtful discussion of the ongoing emissions intensity reduction in unconventional oil and gas from a combination of regulation, technology evolution, and voluntary efforts by operators




Unconventional Oil and Gas Resources


Book Description

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


Book Description

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


Book Description

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




Onshore Unconventional Hydrocarbon Development


Book Description

Oil and gas well completion and stimulation technologies to develop unconventional hydrocarbon resources in the United States have evolved over the past several decades, particularly in relation to the development of shale oil and shale gas. Shale oil and shale gas resources and the technology associated with their production are often termed "unconventional" because the oil and gas trapped inside the shale or other low-permeability rock formation cannot be extracted using conventional technologies. Since about 2005, the application of these technologies to fields in the U.S. have helped produce natural gas and oil in volumes that allowed the country to reduce its crude oil imports by more than 50% and to become a net natural gas exporter. The regional and national economic and energy advances gained through production and use of these resources have been accompanied, however, by rapid expansion of the infrastructure associated with the development of these fields and public concern over the impacts to surface- and groundwater, air, land, and communities where the resources are extracted. The intent of the first day of the workshop of the National Academies of Sciences, Engineering, and Medicine's Roundtable on Unconventional Hydrocarbon Development was to discuss onshore unconventional hydrocarbon development in the context of potential environmental impacts and the ways in which the risks of these kinds of impacts can be managed. Specifically, the workshop sought to examine the lifecycle development of these fields, including decommissioning and reclamation of wells and related surface and pipeline infrastructure, and the approaches from industry practice, scientific research, and regulation that could help to ensure management of the operations in ways that minimize impacts to the environment throughout their active lifetimes and after operations have ceased. This publication summarizes the presentations and discussions from the workshop.




Fundamentals of Gas Shale Reservoirs


Book Description

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




Development of Unconventional Reservoirs


Book Description

The need for energy is increasing and but the production from conventional reservoirs is declining quickly. This requires an economically and technically feasible source of energy for the coming years. Among some alternative future energy solutions, the most reasonable source is from unconventional reservoirs. As the name “unconventional” implies, different and challenging approaches are required to characterize and develop these resources. This Special Issue covers some of the technical challenges for developing unconventional energy sources from shale gas/oil, tight gas sand, and coalbed methane.




Unconventional Shale Gas Development


Book Description

Unconventional Shale Gas Development: Lessons Learned gives engineers the latest research developments and practical applications in today's operations. Comprised of both academic and corporate contributors, a balanced critical review on technologies utilized are covered. Environmental topics are presented, including produced water management and sustainable operations in gas systems. Machine learning applications, well integrity and economic challenges are also covered to get the engineer up-to-speed. With its critical elements, case studies, history plot visuals and flow charts, the book delivers a critical reference to get today's petroleum engineers updated on the latest research and applications surrounding shale gas systems. - Bridges the gap between the latest research developments and practical applications through case studies and workflow charts - Helps readers understand the latest developments from the balanced viewpoint of academic and corporate contributors - Considers environmental and sustainable operations in shale gas systems, including produced water management