The U.S has it's share of unconventional resources.
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Showing posts with label unconventional gas reserves. Show all posts
Showing posts with label unconventional gas reserves. Show all posts
Friday, June 3, 2011
Wednesday, March 9, 2011
Fayetteville Shale Gas: Decline vs. Lateral length
This is a typical evolutionary cycle of the unconventional shale gas play. Verical wells get bigger and bigger fracs. Then the horizonatal learning curve starts. The laterals increasingly become longer, which results in an increasing number of frac stages. Just a couple of years ago, SWN was hoping to get out 3500'.
Oh yeah, and gas is under $4.00/mcf.
Oh yeah, and gas is under $4.00/mcf.
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