TY - GEN
T1 - Study develops decline analysis, geologic parameters for reserves, production forecast
AU - Browning, John
AU - Tinker, Scott W.
AU - Ikonnikova, Svetlana
AU - Gülen, Gürcan
AU - Potter, Eric
AU - Fu, Qilong
AU - Horvath, Susan
AU - Patzek, Tad
AU - Male, Frank
AU - Fisher, William
AU - Roberts, Forrest
AU - Medlock, Ken
PY - 2013/8/5
Y1 - 2013/8/5
N2 - The Bureau of Economic Geology (BEG) at the University of Texas at Austin has conducted a comprehensive study of the reserve and production potential of the Barnett shale. It integrates engineering, geology, and economics into a numerical model that allows for scenario testing based on several technical and economic parameters. The study assesses natural gas and liquid production potential in 10 productivity tiers and uses them to forecast future production. Development economics vary widely across the basin as a function of production quality and liquids content. The study's model accounts for this granularity, allowing for variations in natural gas price, drilling cost, gas plant processing economics, recovery factors (RF) for each well, economic limit of each well, advances in technology, and many other geologic, engineering, and economic parameters to determine how much natural gas operators in the field will be able to extract economically from future wells.
AB - The Bureau of Economic Geology (BEG) at the University of Texas at Austin has conducted a comprehensive study of the reserve and production potential of the Barnett shale. It integrates engineering, geology, and economics into a numerical model that allows for scenario testing based on several technical and economic parameters. The study assesses natural gas and liquid production potential in 10 productivity tiers and uses them to forecast future production. Development economics vary widely across the basin as a function of production quality and liquids content. The study's model accounts for this granularity, allowing for variations in natural gas price, drilling cost, gas plant processing economics, recovery factors (RF) for each well, economic limit of each well, advances in technology, and many other geologic, engineering, and economic parameters to determine how much natural gas operators in the field will be able to extract economically from future wells.
UR - http://www.scopus.com/inward/record.url?scp=84885932339&partnerID=8YFLogxK
M3 - Article
AN - SCOPUS:84885932339
SN - 0030-1388
VL - 111
SP - 62
EP - 73
JO - Oil and Gas Journal
JF - Oil and Gas Journal
ER -