Well economics and production outlook: Analysis of the bakken oil play

Svetlana Ikonnikova, G�rcan G�len, John Browning

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

2 Scopus citations

Abstract

We present a preliminary assessment of the Bakken oil Well Economics and Production Outlook. The price of oil is the major driver for drilling, but not the only one, as suggested by our analysis. Other parameters such as oil gravity, well drilling and completion costs, technology used, input factor productivity, presence of Three Fork in addition to Bakken drilling horizon can affect both well economics and expected production outlook. This paper presents the model developed to run production-outlook scenarios varying assumptions on the listed parameters.

Original languageEnglish
Title of host publicationSPE/AAPG/SEG Unconventional Resources Technology Conference 2017
PublisherUnconventional Resources Technology Conference (URTEC)
ISBN (Print)9781613995433
DOIs
StatePublished - 2017
Externally publishedYes
EventSPE/AAPG/SEG Unconventional Resources Technology Conference 2017 - Austin, United States
Duration: 24 Jul 201726 Jul 2017

Publication series

NameSPE/AAPG/SEG Unconventional Resources Technology Conference 2017

Conference

ConferenceSPE/AAPG/SEG Unconventional Resources Technology Conference 2017
Country/TerritoryUnited States
CityAustin
Period24/07/1726/07/17

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