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