Estimating Technically and Economically Recoverable Unconventional Gas

During the past decade, the worldwide demand for energy has continued to increase at a rapid rate. Natural gas has emerged as a primary source of US energy. The technically recoverable natural gas resources in the United States have increased from approximately 1,400 trillion cubic feet (Tcf) to approximately 2,100 trillion cubic feet (Tcf) in 2010. The recent declines in gas prices have created short-term uncertainties and increased the risk of developing natural gas fields, rendering a substantial portion of this resource uneconomical at current gas prices. This books describes a Methodology to determine both the technically recoverable resource and the economically recoverable resource in an unconventional gas play, using the Barnett Shale as a case study.

Autorentext

Husameddin Madani, SPE, worked as a petroleum engineering systems analyst at Saudi Aramco between 2004 and 2008. In 2010, he earned a MS degree in petroleum engineering from Texas A&M University where he conducted with Dr. Holditch, research on calculating the technically and economically recoverable resources for unconventional gas reservoirs.