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Economics of Unconventional Shale Gas Development

Economics of Unconventional Shale Gas Development PDF Author: William E. Hefley
Publisher: Springer
ISBN: 3319114999
Category : Business & Economics
Languages : en
Pages : 248

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.

Economics of Unconventional Shale Gas Development

Economics of Unconventional Shale Gas Development PDF Author: William E. Hefley
Publisher: Springer
ISBN: 3319114999
Category : Business & Economics
Languages : en
Pages : 248

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

Environmental and Health Issues in Unconventional Oil and Gas Development PDF Author: Debra A Kaden
Publisher: Elsevier
ISBN: 0443315078
Category : Medical
Languages : en
Pages : 0

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

Realizing the Potential of U.S. Unconventional Natural Gas

Realizing the Potential of U.S. Unconventional Natural Gas PDF Author: Sarah O. Ladislaw
Publisher: Center for Strategic & International Studies
ISBN: 144222472X
Category : Political Science
Languages : en
Pages : 66

Book Description
The ability to access and economically develop vast amounts of America’s unconventional natural gas resources, especially large shale gas formations, has altered our national view on energy and has subsequently changed the discourse at the federal, state, and local levels. Since 2008, when the economic viability of shale gas resources first became widely recognized, policymakers and industry leaders have worked to better understand the nature of this resource; the risks and opportunities associated with its production, transport, and use; and the potential strategic implications of the United States’ new energy reality. The paradox of the U.S. unconventional gas story is that the technologies and industry practices that made it possible have been decades in the making; the public policy and commercial landscape is vastly different from just a few years ago; and the story of this remarkable resource development is still in its infancy. In an attempt to capture the current state of play with respect to resource development, operational practices, risk identification and mitigation, impacts assessment and identify strategies that allow this valuable resource to be prudently developed, the CSIS Energy and National Security Program undertook this Unconventional Gas Initiative. Over the course of the past year, the authors were able—in concert with industry and nongovernmental organization (NGO) supporters—to work with a wide array of regulators, policymakers, environmental, industry and financial groups, academics and community stakeholders to capture the latest understanding of the unconventional gas development picture and develop themes and findings in the hope of facilitating an informed discussion on a path forward.

Unconventional Oil and Gas Resources

Unconventional Oil and Gas Resources PDF Author: Usman Ahmed
Publisher: CRC Press
ISBN: 1498759416
Category : Science
Languages : en
Pages : 862

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

Modern Shale Gas Development in the United States

Modern Shale Gas Development in the United States PDF Author:
Publisher:
ISBN:
Category : Natural gas
Languages : en
Pages : 116

Book Description


Unconventional Reservoir Geomechanics

Unconventional Reservoir Geomechanics PDF Author: Mark D. Zoback
Publisher: Cambridge University Press
ISBN: 1107087074
Category : Business & Economics
Languages : en
Pages : 495

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

Unconventional Petroleum Geology PDF Author: Caineng Zou
Publisher: Elsevier
ISBN: 0128122358
Category : Technology & Engineering
Languages : en
Pages : 508

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

Onshore Unconventional Hydrocarbon Development PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309474248
Category : Science
Languages : en
Pages : 101

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.

Development of Unconventional Reservoirs

Development of Unconventional Reservoirs PDF Author: Reza Rezaee
Publisher: MDPI
ISBN: 3039285807
Category : Science
Languages : en
Pages : 522

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 Oil and Gas Resources Handbook

Unconventional Oil and Gas Resources Handbook PDF Author: Y Zee Ma
Publisher: Gulf Professional Publishing
ISBN: 0128025360
Category : Technology & Engineering
Languages : en
Pages : 552

Book Description
Unconventional Oil and Gas Resources Handbook: Evaluation and Development is a must-have, helpful handbook that brings a wealth of information to engineers and geoscientists. Bridging between subsurface and production, the handbook provides engineers and geoscientists with effective methodology to better define resources and reservoirs. Better reservoir knowledge and innovative technologies are making unconventional resources economically possible, and multidisciplinary approaches in evaluating these resources are critical to successful development. Unconventional Oil and Gas Resources Handbook takes this approach, covering a wide range of topics for developing these resources including exploration, evaluation, drilling, completion, and production. Topics include theory, methodology, and case histories and will help to improve the understanding,integrated evaluation, and effective development of unconventional resources. - Presents methods for a full development cycle of unconventional resources, from exploration through production - Explores multidisciplinary integrations for evaluation and development of unconventional resources and covers a broad range of reservoir characterization methods and development scenarios - Delivers balanced information with multiple contributors from both academia and industry - Provides case histories involving geological analysis, geomechanical analysis, reservoir modeling, hydraulic fracturing treatment, microseismic monitoring, well performance and refracturing for development of unconventional reservoirs