📱

Read on Your E-Reader

Thousands of readers get articles like this delivered straight to their Kindle or Boox. New articles arrive automatically.

Learn More

This is a preview. The full article is published at seekingalpha.com.

Permian Basin Shale Gas And Tight Oil And Shale Gas From U.S. Tight Oil Plays

Permian Basin Shale Gas And Tight Oil And Shale Gas From U.S. Tight Oil Plays

By Ron Patterson and GuestsAll Articles on Seeking Alpha

Ron Patterson and Guests 1.84K Follower s Follow 5 Share Save Play ( 9min ) Comments Summary This post reviews my method for estimating output from tight oil and shale gas plays. The tight oil scenario has a URR of 47 Gb, and the shale gas scenario has a URR of 219 TCF. I assume the average Permian well suffers pressure depletion, which reduces new well EUR. The medium-price tight oil scenario probably overestimates non-Permian tight oil for a low-price scenario by 25% or so. halbergman/iStock via Getty Images A guest post by D C This post reviews my method for estimating output from tight oil and shale gas plays. The basic method involves convolution, which sounds complicated (or perhaps convoluted) but is fairly simple to accomplish using This article was written by Ron Patterson and Guests 1.84K Follower s Follow Ron Patterson is a retired Computer Engineer. He spent five years in Saudi Arabia working for Saudi ARAMCO. He has followed the peak oil story since 2000. Ron started blogging on peak oil in 2013. His web site, PeakOilBarrel.com is one of the most followed blogs on the subject. Ron's interest are geology, biology, paleontology, and ecology. His hobbies are blogging and kayak sailing. Ron is now retired and turned over the administration of the site to Dennis Coyne. Ron is still an active participant on the site and guests now provide timely posts.

Preview: ~235 words

Continue reading at Seekingalpha

Read Full Article

More from All Articles on Seeking Alpha

Subscribe to get new articles from this feed on your e-reader.

View feed

This preview is provided for discovery purposes. Read the full article at seekingalpha.com. LibSpace is not affiliated with Seekingalpha.

Permian Basin Shale Gas And Tight Oil And Shale Gas From U.S. Tight Oil Plays | Read on Kindle | LibSpace