VII Seminario Estratégico - SPE Evaluación de las Perspectivas Energéticas de la Argentina

Size: px
Start display at page:

Download "VII Seminario Estratégico - SPE Evaluación de las Perspectivas Energéticas de la Argentina"

Transcription

1 VII Seminario Estratégico - SPE Evaluación de las Perspectivas Energéticas de la Argentina Fernando Rearte Halliburton Argentina Country Manager June 16-17, 2015, Buenos Aires Argentina

2 Agenda Unconventionals Compressing Discovery Argentina Vs USA Mature Fields Argentina Oil & Gas Overview Unconventional & Mature Fields Technology Overview Strategic Focus for Oil & Gas Market Present & Future Efficiencies Infraestructure Summary 2014 HALLIBURTON. ALL RIGHTS RESERVED. 2

3 Unconventionals - shale: global potential Unconventional Shale Basins U.S.A. China Argentina Algeria Canada Mexico Australia South Africa Russia Brazil Venezuela Poland Technically Recoverable Shale Gas (Trillion Cubic Feet) Source: ARI, Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States - June HALLIBURTON. ALL RIGHTS RESERVED. 3

4 Unconventionals Compressing Discovery Resource Type Play Name Barnett Discovery 1980 Development Marcellus Discovery Development Gas Woodford Discovery Development Fayetteville Discovery Development Haynesville Disc. Development Liquids- Rich Gas Eagle Ford Disc. Development Cana Discovery / Development Oil Bakken Discovery Development Shale Oil Discovery / Development Vaca Muerta Argentina Shale - HALLIBURTON Source: Halliburton Internal Los Molles Vaca Muerta Cacheuta Agrio D HALLIBURTON. ALL RIGHTS RESERVED. 4

5 Argentina Unconventional Operations 10 years ago - Conventional Wells 5 years ago Unconventional Los Molles Near Future 2014 HALLIBURTON. ALL RIGHTS RESERVED. 5 Today - Vaca Muerta

6 Mature fields 70% 35% 1% Amount of worldwide oil & gas production from mature fields Average worldwide recovery factor for oil Recovery factor increase needed for additional two-year global oil and gas supply 2014 HALLIBURTON. ALL RIGHTS RESERVED. 6

7 Technology - Strategic focus for Oil & Gas Market Unconventionals shale Mature fields Subsurface Insight Customized Chemistry Surface Efficiency Immediate Impact Interventions Optimized Reservoir Management New Pay Zones Integration + Collaboration Delivering the lowest cost per BOE Incrementing Barrels and Maximum Recovery 2014 HALLIBURTON. ALL RIGHTS RESERVED. 7

8 Mature Fields Technology & Knowledge - Today Immediate Impact Interventions Coiled-tubing systems Tailored Fluid Production Chemistry Optimized Reservoir Management Fiber Optics Water Management Pinpoint Stimulation Techniques Refracturing Biodegradable Diverter System Inflow Control Devices New Pay Zones Reservoir Insight Integrating reservoir understanding and combining the latest improvements in refracturing, microseismic, well configurations and production systems will optimally energize mature reservoirs HALLIBURTON. ALL RIGHTS RESERVED. 8

9 Unconventionals Technology & Knowledge - Today Subsurface Insight Seismic to Stimulation Workflow Reservoir & Production Monitoring Fiber Optics & Microseismic Surface Efficiency Rigless Operations Completion Systems Sleeves Systems Pinpoint Stimulation Techniques Refracturing Biodegradable Diverter System Water Management Customized Chemistry Tailored Fluid Chemistry Water Treatment 2014 HALLIBURTON. ALL RIGHTS RESERVED. 9

10 Frac of the Future A step change improvement Minimizing environmental impact Reduce personnel on location Enhance fracture design Reduce pad footprint Improve reliability Increase safety Q-10 Pumping Units Sand Castle Proppant Storage Remote Operation Centers Wellhead connection Unit Dual fuel engines 2014 HALLIBURTON. ALL RIGHTS RESERVED. 10

11 Efficiencies Logistics Improvement 3 years ago Operational Time Near Future Today Cost 2014 HALLIBURTON. ALL RIGHTS RESERVED. 11

12 Infrastructure A major need. Workforce education Railway network. Highway network Facilities Standarization Tecnology 2014 HALLIBURTON. ALL RIGHTS RESERVED. 12

13 Comentarios Finales Desarrollo de las reservas. Compromiso Conocimiento y Tecnologia Correcta No Convencionales Mejora de productividad. Eficiencias. Escala. Tecnologia Infraestructura La oportunidad mas mayor producir al Costo Mas Bajo por BOE 2014 HALLIBURTON. ALL RIGHTS RESERVED. 13

U.S. Energy Outlook. Oil and Gas Strategies Summit May 21, 2014 New York, NY. By Adam Sieminski, EIA Administrator

U.S. Energy Outlook. Oil and Gas Strategies Summit May 21, 2014 New York, NY. By Adam Sieminski, EIA Administrator U.S. Energy Outlook May 21, 214 New York, NY By Adam Sieminski, EIA Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov The U.S. has experienced a rapid increase

More information

Unconventional oil and gas: outlook, risks, and potential

Unconventional oil and gas: outlook, risks, and potential 20140519_SBC_International Energy Forum - Paper_v05 Unconventional oil and gas: outlook, risks, and potential May 2014 Moscow Table of Contents KEY INSIGHTS... 2 1. UNCONVENTIONAL RESOURCES ARE SIZEABLE

More information

FRACTURING FLOWBACK: CONTROLS, ANALYSIS & BENEFITS

FRACTURING FLOWBACK: CONTROLS, ANALYSIS & BENEFITS FRACTURING FLOWBACK: CONTROLS, ANALYSIS & BENEFITS SPE GCS WESTSIDE STUDY GROUP JANUARY 15, 2015 GEORGE E. KING, P.E. I ll review several presentations from the SPE Workshop on fracturing flowback, 6-7

More information

Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States

Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States June 2013 Independent Statistics & Analysis www.eia.gov U.S. Department

More information

Global Oil and Gas Capital Expenditure Outlook 2010: National Oil Companies (NOCs) to Drive Investment

Global Oil and Gas Capital Expenditure Outlook 2010: National Oil Companies (NOCs) to Drive Investment Global Oil and Gas Capital Expenditure Outlook 21: GlobalData s new report Global Oil and Gas Capital Expenditure Outlook 21: National Oil Companies (NOCs) to Drive Investment provides in-depth analysis

More information

Study Assesses Shale Decline Rates

Study Assesses Shale Decline Rates MAY 211 The Better Business Publication Serving the Exploration / Drilling / Production Industry Study Assesses Shale Decline Rates By Jason Baihly, Raphael Altman, Raj Malpani and Fang Luo HOUSTON With

More information

EPRI Global Climate Change Research Seminar. Natural Gas Supply. Francis O Sullivan, Ph.D. May 25 th, 2011

EPRI Global Climate Change Research Seminar. Natural Gas Supply. Francis O Sullivan, Ph.D. May 25 th, 2011 EPRI Global Climate Change Research Seminar Natural Gas Supply Francis O Sullivan, Ph.D. May 25 th, 2011 1 A review of 2009 U.S. primary energy consumption by source and sector reveals the broad systemic

More information

North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future

North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future Updated Supply Demand Outlook Background Executive Summary June 28, 2011 Sufficient midstream natural gas infrastructure,

More information

HiWAY: The Quest For Infinite Conductivity Innovation for a step-change in Hydraulic Fracturing

HiWAY: The Quest For Infinite Conductivity Innovation for a step-change in Hydraulic Fracturing HiWAY: The Quest For Infinite Conductivity Innovation for a step-change in Hydraulic Fracturing Presentation prepared for Jornada De Maxi-Fracturas May 2012 HiWAY: A Paradigm Shift in Hydraulic Fracturing

More information

USAEE Meeting. Houston, TX. Presented by: George Lippman President of Lippman Consulting, Inc. (915) 838-1619

USAEE Meeting. Houston, TX. Presented by: George Lippman President of Lippman Consulting, Inc. (915) 838-1619 USAEE Meeting Houston, TX April 14, 2011 Presented by: George Lippman President of (915) 838-1619 How Shales have changed U.S. Gas Supply But at what cost? Lower 48 States Production Major Shale Production

More information

Cabot Oil & Gas Corporation

Cabot Oil & Gas Corporation Information you need to know regarding Cabot Oil & Gas Corporation s natural gas production activities and hydraulic fracturing About Cabot Cabot Oil & Gas Corporation (Cabot) is a leading independent

More information

Unconventional Oil and Gas Production Drives Trends in Water Management and Treatment

Unconventional Oil and Gas Production Drives Trends in Water Management and Treatment Unconventional Oil and Gas Production Drives Trends in Water Management and Treatment Jelena Stanic, Global Water Intelligence A research report, Water for the Onshore Oil and Gas, by Global Water Intelligence

More information

March 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY

March 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY March 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues,

More information

Unconventional Challenges: Integrated Analysis for Unconventional Resource Development Robert Gales VP Resource Development

Unconventional Challenges: Integrated Analysis for Unconventional Resource Development Robert Gales VP Resource Development Unconventional Challenges: Integrated Analysis for Unconventional Resource Development Robert Gales VP Resource Development Opening Remarks The Obvious Fossil fuels will be the main energy supply, accounting

More information

Exploring Success in Shale Zhiyong Zhao, Vice President, Hess Corp

Exploring Success in Shale Zhiyong Zhao, Vice President, Hess Corp Exploring Success in Shale Zhiyong Zhao, Vice President, Hess Corp Three Pronged Strategy to Drive Growth 2 Unconventional Bakken free cash flow positive in 2015 Large inventory of high return Bakken well

More information

Understanding Hydraulic Fracturing

Understanding Hydraulic Fracturing Understanding Hydraulic Fracturing Natural gas is a safe, abundant and economical source of energy for the planet. North America has relied on natural gas for heating homes and buildings, as a fuel source

More information

Collecting and Analyzing Big Data for O&G Exploration and Production Applications October 15, 2013 G&G Technology Seminar

Collecting and Analyzing Big Data for O&G Exploration and Production Applications October 15, 2013 G&G Technology Seminar Eldad Weiss Founder and Chairman Collecting and Analyzing Big Data for O&G Exploration and Production Applications October 15, 2013 G&G Technology Seminar About Paradigm 700+ 26 700+ 29 7 15,000+ 15+ 200M+

More information

RPSEA Onshore Program

RPSEA Onshore Program RPSEA Onshore Program Overview and Research Highlights Kent F. Perry WebEx Meeting Thursday, September 19, 2013 1 rpsea.org rpsea.org Mission & Goals Small Producer Mission & Goals Increase supply from

More information

Tuesday, March 4, 2014 Houston, TX. 1:00 3:20 p.m. OIL AND GAS EXPLORATION AND PRODUCTION: A PRIMER

Tuesday, March 4, 2014 Houston, TX. 1:00 3:20 p.m. OIL AND GAS EXPLORATION AND PRODUCTION: A PRIMER Tuesday, March 4, 2014 Houston, TX 1:00 3:20 p.m. OIL AND GAS EXPLORATION AND PRODUCTION: A PRIMER Presented by Stephanie Weiss Senior Research and Technology Support Coordinator Baker Hughes Identifying

More information

Operational Excellence. Annual Report 2011

Operational Excellence. Annual Report 2011 Operational Excellence Technical Solutions Annual Report 2011 Corporate Profile Trican Well Service Ltd. is a major provider of pressure pumping services in the global marketplace. A technical and operational

More information

Shale Gas - North America Strategic Business Report

Shale Gas - North America Strategic Business Report Brochure More information from http://www.researchandmarkets.com/reports/3440912/ Shale Gas - North America Strategic Business Report Description: This report analyzes the North American market for Shale

More information

US Energy Association, Washington Jan. 26, 2012

US Energy Association, Washington Jan. 26, 2012 US Energy Association, Washington Jan. 26, 2012 LLNL-PRES-518634 This work was performed under the auspices of the U.S. Department of Energy by Lawrence Livermore National Laboratory under contract DE-AC52-07NA27344.

More information

E&P in Brief. A Wintershall Fact Sheet. Wintershall in Argentina. Annual production in Argentina approx. 25 million barrels of oil equivalent

E&P in Brief. A Wintershall Fact Sheet. Wintershall in Argentina. Annual production in Argentina approx. 25 million barrels of oil equivalent Page 1 E&P in Brief A Wintershall Fact Sheet Wintershall in Argentina Annual production in Argentina approx. 25 million barrels of oil equivalent April 2016 Tel. +49 561 301-3301 Fax +49 561 301-1321 press@wintershall.com

More information

HiWAY. Putting Your Production into the Fast Lane. Place Date

HiWAY. Putting Your Production into the Fast Lane. Place Date HiWAY Putting Your Production into the Fast Lane Place Date HiWAY Putting Your Production into the Fast Lane Conventional Treatment HiWAY Flow-Channel Treatment Place Date HiWAY: A Paradigm Shift in Hydraulic

More information

Quest For Success In Vaca Muerta

Quest For Success In Vaca Muerta Quest For Success In Vaca Muerta Global Business Reports Monday, February 1, 2016-8:00am Print Share thiswith others Log in to post comments Email this page Vaca Muerta is home to most of Argentina s 27

More information

Transerv from. Alberta HIGHLIGHTS. January 31, per. optimum appraisal strategy for early. for the sale. and farm-in. and Rock per cent). projects.

Transerv from. Alberta HIGHLIGHTS. January 31, per. optimum appraisal strategy for early. for the sale. and farm-in. and Rock per cent). projects. ABN 68 079 432 796 January 31, 2012 December 2011 Quarterly Report Transerv to receivee substantial cash return from initial Duvernay and Rock Creek deals HIGHLIGHTS Transerv to receive C$6.8m for its

More information

BLOOMBERG NEW ENERGY FINANCE SUMMIT

BLOOMBERG NEW ENERGY FINANCE SUMMIT BLOOMBERG NEW ENERGY FINANCE SUMMIT NEW YORK 8 APRIL 2014 MICHAEL LIEBREICH CHAIRMAN OF THE ADVISORY BOARD TWITTER: @MLIEBREICH #BNEF2014 Michael Liebreich BNEFSummit 2014 Twitter: @Mliebreich #BNEF2014

More information

Shale Energy Produced Fluids Management and UIC Well Disposal Trends

Shale Energy Produced Fluids Management and UIC Well Disposal Trends Shale Energy Produced Fluids Management and UIC Well Disposal Trends Dave Yoxtheimer, PG Hydrogeologist Penn State Marcellus Center for Outreach and Research GWPC Annual Forum Seattle, WA October 8, 2014

More information

Fiber Optics in a Bakken Multi-Stage Fractured Well. Montana Tech 2011 SPE Drilling Symposium Presented by: Chelsea Kadler

Fiber Optics in a Bakken Multi-Stage Fractured Well. Montana Tech 2011 SPE Drilling Symposium Presented by: Chelsea Kadler Fiber Optics in a Bakken Multi-Stage Fractured Well Montana Tech 2011 SPE Drilling Symposium Presented by: Chelsea Kadler Agenda FracPoint Design FracPoint Real-time Monitoring System Downhole Equipment

More information

Shale Field Development Workflow. Ron Dusterhoft

Shale Field Development Workflow. Ron Dusterhoft Shale Field Development Workflow Ron Dusterhoft The Unique Challenges of Shale NO TWO SHALE PLAYS ARE ALIKE 2 Reservoir-Focused Completion-Driven Design Maximize Stimulation Potential Each Shale will have

More information

Understanding Tight Oil

Understanding Tight Oil Understanding Tight Oil What is Tight Oil? Crude oil, also known as petroleum or fossil fuel, is found in some rock formations deep below the earth s surface. Crude oil forms the foundation for the petroleum

More information

HPHT CAPPING STACKS AND NEW TECHNOLOGY FOR SUBSEA WELL CONTROL. December 3, 2014 Presenter: Mike Cargol

HPHT CAPPING STACKS AND NEW TECHNOLOGY FOR SUBSEA WELL CONTROL. December 3, 2014 Presenter: Mike Cargol HPHT CAPPING STACKS AND NEW TECHNOLOGY FOR SUBSEA WELL CONTROL December 3, 2014 Presenter: Mike Cargol Agenda Development Update HPHT Capping Stack Mudline Closure Device Divert and Flow System Well Kill

More information

Unconventional Resources and the Petrobras Challenges in Argentina*

Unconventional Resources and the Petrobras Challenges in Argentina* Unconventional Resources and the Petrobras Challenges in Argentina* Tristán Alberto Armaretti 1 Search and Discovery Article #80436 (2015)** Posted February 2, 2015 *Adapted from oral presentation given

More information

Natural Gas Prices To Crash Unless Rig Count Falls Fast

Natural Gas Prices To Crash Unless Rig Count Falls Fast Natural Gas Prices To Crash Unless Rig Count Falls Fast By Arthur Berman Posted on Sun, 22 March 2015 00:00 0 Spending cuts for oil-directed drilling have dominated first quarter 2015 energy news but rig

More information

Proppant Market by Type (Frac Sand, Ceramic & Resin Coated) - Global Trends & Forecast to 2019

Proppant Market by Type (Frac Sand, Ceramic & Resin Coated) - Global Trends & Forecast to 2019 Brochure More information from http://www.researchandmarkets.com/reports/2298050/ Proppant Market by Type (Frac Sand, Ceramic & Resin Coated) - Global Trends & Forecast to 2019 Description: Proppant find

More information

Presentation to the Angola Field Group at the Viking Club Luanda - Angola February 5, 2015. Tako Koning, Senior Petroleum Geologist

Presentation to the Angola Field Group at the Viking Club Luanda - Angola February 5, 2015. Tako Koning, Senior Petroleum Geologist Fracking for Oil in the USA and its Impact on Angola s Economy Presentation to the Angola Field Group at the Viking Club Luanda - Angola February 5, 2015 Tako Koning, Senior Petroleum Geologist The presenter:

More information

Monterey Shale Potential

Monterey Shale Potential Monterey Shale Potential Fred Aminzadeh University of Southern California IOGCC Annual Meeting Long Beach, CA November 5, 2013 Summary Overview of Monterey Shale Development Challenges Environmental Considerations

More information

Recommended Practices Associated with Hydraulic Fracturing Operations

Recommended Practices Associated with Hydraulic Fracturing Operations Recommended Practices Associated with Hydraulic Fracturing Operations API standards program includes best-practices for hydraulic fracturing which include: Proper well construction and integrity Zonal

More information

The Expansion of Unconventional Production of Natural Gas (Tight Gas, Gas Shale and Coal Bed Methane)

The Expansion of Unconventional Production of Natural Gas (Tight Gas, Gas Shale and Coal Bed Methane) The Expansion of Unconventional Production of Natural Gas (Tight Gas, Gas Shale and Coal Bed Methane) 5 Alejandro Alonso Suárez National Energy Commission, Spain 1. Introduction Finding new oil reserves

More information

PETRONAS and the Unconventionals

PETRONAS and the Unconventionals PETRONAS and the Unconventionals DUG Australia 2014 2013 PETROLIAM NASIONAL BERHAD (PETRONAS) All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted

More information

Shale gas and tight oil: Framing the opportunities and risks

Shale gas and tight oil: Framing the opportunities and risks 30 Shale gas and tight oil: Framing the opportunities and risks Discussions about broader access to unconventional natural gas and oil should account for a wide range of potential benefits and risks. Tommy

More information

WORDLWIDE PANORAMA. Gaz de Schiste -Société Royale d'economie Politique de Belgique - 22/05/13 16

WORDLWIDE PANORAMA. Gaz de Schiste -Société Royale d'economie Politique de Belgique - 22/05/13 16 WORDLWIDE PANORAMA Gaz de Schiste -Société Royale d'economie Politique de Belgique - 22/05/13 16 REMAINING RECOVERABLE RESOURCES OF NATURAL GAS Source : EIA special report 2011 8,100 tcf 1,300 tcf 4,800

More information

Total Water & Wastewater Management for Shale Gas Production. Treatment and Operation Solutions

Total Water & Wastewater Management for Shale Gas Production. Treatment and Operation Solutions Total Water & Wastewater Management for Shale Gas Production Treatment and Operation Solutions Impact of Water and Wastewater from Shale Gas Fracturing Operations As the number of shale gas fracturing

More information

May 17 th 2013. Future NB Shale Gas Supply Chain Opportunities in New Brunswick

May 17 th 2013. Future NB Shale Gas Supply Chain Opportunities in New Brunswick May 17 th 2013 Future NB Shale Gas Supply Chain Opportunities in New Brunswick Contents Executive Summary Introduction Shale Gas Lifecycle and Supply Chain Core Activities Assessment Industry Survey Industry

More information

Unconventional Workflow: A Holistic Approach to Shale Gas Development

Unconventional Workflow: A Holistic Approach to Shale Gas Development Unconventional Workflow: A Holistic Approach to Shale Gas Development Mr. Mike Navarette Senior Director Consulting and Project Management - Asia Pacific Region 2011 HALLIBURTON. ALL RIGHTS RESERVED. Content

More information

Oilfield Services Measurement Solutions

Oilfield Services Measurement Solutions Oilfield Services Measurement Solutions Superior flow and density measurement Best-in-class measurement How can I streamline my operations for efficiency without compromising environmental, safety and

More information

Quick Look Determination of Oil-in-Place in Oil Shale Resource Plays*

Quick Look Determination of Oil-in-Place in Oil Shale Resource Plays* Quick Look Determination of Oil-in-Place in Oil Shale Resource Plays* Marlan W. Downey 1, Julie Garvin 1, R. C. Lagomarsino 2, and David F. Nicklin 2 Search and Discovery Article #40764 (2011) Posted June

More information

Certificate Programs in. Program Requirements

Certificate Programs in. Program Requirements IHRDC Online Certificate Programs in OIL AND GAS MANAGEMENT Program Requirements IHRDC 535 Boylston Street Boston, MA 02116 Tel: 1-617-536-0202 Email: certificate@ihrdc.com Copyright International Human

More information

For personal use only

For personal use only Suite 2, 12 Parliament Place West Perth WA 6005 Ph: +618 9482 0510 Fax: +618 9482 0505 Email: info@emeraldoilandgas.com www.emeraldoilandgas.com 10 January, 2012 Centralised Company Announcements Platform

More information

3D Geomechanical Modeling In The Vaca Muerta Shale: A Predictive Tool For Horizontal Well Landing And Completion Strategy

3D Geomechanical Modeling In The Vaca Muerta Shale: A Predictive Tool For Horizontal Well Landing And Completion Strategy REGIONAL ASSOCIATION OF OIL, GAS & BIOFUELS SECTOR COMPANIES IN LATIN AMERICA AND THE CARIBBEAN 3D Geomechanical Modeling In The Vaca Muerta Shale: A Predictive Tool For Horizontal Well Landing And Completion

More information

How to avoid fluid losses that slow drilling

How to avoid fluid losses that slow drilling How to avoid fluid losses that slow drilling OVERVIEW As a result of the highly fractured geology in Kurdistan, operators encounter constant fluid and cement losses. Many report that wells expected to

More information

AVAILABILITY, ECONOMICS, AND PRODUCTION POTENTIAL OF NORTH AMERICAN UNCONVENTIONAL NATURAL GAS SUPPLIES

AVAILABILITY, ECONOMICS, AND PRODUCTION POTENTIAL OF NORTH AMERICAN UNCONVENTIONAL NATURAL GAS SUPPLIES AVAILABILITY, ECONOMICS, AND PRODUCTION POTENTIAL OF NORTH AMERICAN UNCONVENTIONAL NATURAL GAS SUPPLIES Prepared for The INGAA Foundation, Inc. by: ICF International 9300 Lee Highway Fairfax, VA 22031

More information

US shale gas and tight oil industry performance:

US shale gas and tight oil industry performance: March 2014 US shale gas and tight oil industry performance: challenges and opportunities OXFORD ENERGY COMMENT Ivan Sandrea, OIES Research Associate In just seven years, the United States (US) shale gas

More information

Water Management Experience in Mature Basin in South Argentina Case Study of Golfo San Jorge Basin

Water Management Experience in Mature Basin in South Argentina Case Study of Golfo San Jorge Basin Water Management Experience in Mature Basin in South Argentina Case Study of Golfo San Jorge Basin Eng. Clemente Marcelo Hirschfeldt OilProduction Oil & Gas Consulting Patagonia Argentina BIT`s 3rd Annual

More information

FIBER-OPTIC SENSING TECHNOLOGIES

FIBER-OPTIC SENSING TECHNOLOGIES PRODUCTION ENHANCEMENT FIBER-OPTIC SENSING TECHNOLOGIES FOR WELL MONITORING TO RESERVOIR MANAGEMENT Solving challenges. A H A L L I B U R T O N S E R V I C E Fiber-Optic Sensing Technologies CUTTING-EDGE

More information

Argentine potential Unconventional resources. November 2014

Argentine potential Unconventional resources. November 2014 Argentine potential Unconventional resources November 2014 1 Disclaimer Safe harbor statement under the US Private Securities Litigation Reform Act of 1995. This document contains statements that YPF believes

More information

USEPA Hydraulic Fracturing Study Water Management Workshop

USEPA Hydraulic Fracturing Study Water Management Workshop USEPA Hydraulic Fracturing Study Water Management Workshop March 29, 2011 How are Appropriate Water Sources for Hydraulic Fracturing Determined? Pre-development Conditions and Management of Development

More information

In Development. Shale Liquids Production Analysis. Value. Key Deliverables. Principal Investigator: Investment per Sponsor $52K (USD)

In Development. Shale Liquids Production Analysis. Value. Key Deliverables. Principal Investigator: Investment per Sponsor $52K (USD) In Development Principal Investigator: Ian Walton, Ph.D. Senior Research Scientist Email: iwalton@egi.utah.edu Shale Liquids Production Analysis Value Ø Provide a sound method of analyzing and interpreting

More information

The Growth of U.S. Natural Gas: An Uncertain Outlook for U.S. and World Supply

The Growth of U.S. Natural Gas: An Uncertain Outlook for U.S. and World Supply The Growth of U.S. Natural Gas: An Uncertain Outlook for U.S. and World Supply For 2015 EIA Energy Conference Washington, D.C. By John Staub, Team Lead, Exploration and Production Analysis U.S. Energy

More information

North American Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance. An INGAA Foundation Report, Prepared by ICF International

North American Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance. An INGAA Foundation Report, Prepared by ICF International North American Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance An INGAA Foundation Report, Prepared by ICF International Executive Summary March 18, 2014 Background Since the

More information

PERSPECTIVE OF SHALE GAS PROSPECTION IN POLAND

PERSPECTIVE OF SHALE GAS PROSPECTION IN POLAND PERSPECTIVE OF SHALE GAS PROSPECTION IN POLAND Stanislaw Rychlicki, AGH UST Krakow Jerzy Stopa, AGH, UST Krakow, PGNiG Brussels, 26 April 2013 PRESENTATION OUTLINE Shale Gas Deposits short information

More information

INDEPENDENT REPORTS CONFIRM SIGNIFICANT POTENTIAL FOR LINC ENERGY S SHALE OIL IN THE ARCKARINGA BASIN

INDEPENDENT REPORTS CONFIRM SIGNIFICANT POTENTIAL FOR LINC ENERGY S SHALE OIL IN THE ARCKARINGA BASIN ASX Announcement SAPEX DIVISION ASX Code: LNC OTCQX Code: LNCGY 23 January 2013 INDEPENDENT REPORTS CONFIRM SIGNIFICANT POTENTIAL FOR LINC ENERGY S SHALE OIL IN THE ARCKARINGA BASIN Independent prospective

More information

CBRE CLARION SECURITIES MLPs OIL & GAS DRILLING TECHNOLOGY LEADS TO EFFICIENCY GAINS

CBRE CLARION SECURITIES MLPs OIL & GAS DRILLING TECHNOLOGY LEADS TO EFFICIENCY GAINS CBRE CLARION SECURITIES MLPs OIL & GAS DRILLING TECHNOLOGY LEADS TO EFFICIENCY GAINS MARCH 2015 Jeremy Anagnos, CFA Senior Global Portfolio Manager Hinds Howard Associate Portfolio Manager EXECUTIVE SUMMARY

More information

ASPO 10 unconventional Oil and gas Unconventional Oil and Gas, a Game Changer?

ASPO 10 unconventional Oil and gas Unconventional Oil and Gas, a Game Changer? Unconventional and Gas, a Game Changer? Dr Euan Mearns Honorary Research Fellow euan.mearns@abdn.ac.uk All numbers are wrong: that much we know. The question is: how wrong? Colin Campbell http://hubbert.mines.edu/news/campbell_97-2.pdf

More information

Oil and Gas Terms. Anticline: An arch of stratified rock layers that may form a trap for hydrocarbons.

Oil and Gas Terms. Anticline: An arch of stratified rock layers that may form a trap for hydrocarbons. Oil and Gas Terms American Petroleum Institute (API): The API is the trade organization for the oil and gas industry, which establishes standards governing industry operations, safety and the manufacturing

More information

2014 BP Madrid forum on energy & sustainability BP 2014

2014 BP Madrid forum on energy & sustainability BP 2014 14 BP Madrid forum on energy & sustainability BP 14 Contents Global energy trends Liquid fuels Refining implications European focus Energy Outlook 35 BP 14 Primary energy consumption growth slows and the

More information

The Shale Gale Also Brings a Data Blizzard Author:

The Shale Gale Also Brings a Data Blizzard Author: The Shale Gale Also Brings a Data Blizzard Author: Jim Crompton, Subject Matter Expert Times, they are a-changing. The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency,

More information

The Future of Energy in Louisiana! March 2014

The Future of Energy in Louisiana! March 2014 The Future of Energy in Louisiana! March 2014 1! GNO, Inc. Overview! GNO, Inc. is the economic development organization serving the ten parishes of Southeast Louisiana.! Logo! Business Development! Business

More information

Crude Oil and Natural Gas Resources and Supply

Crude Oil and Natural Gas Resources and Supply Chapter One Crude Oil and Natural Gas Resources and Supply Abstract Prudent development of North American crude oil and natural gas resources should begin with a reliable understanding of the resource

More information

Technology Strategy for Shale Plays: Independents vs. Majors--An Analysis and Outlook*

Technology Strategy for Shale Plays: Independents vs. Majors--An Analysis and Outlook* Technology Strategy for Shale Plays: Independents vs. Majors--An Analysis and Outlook* Susan Smith Nash 1 Search and Discovery Article #70159 (2014)** Posted May 31, 2014 *Adapted from oral presentation

More information

Focus on Geopolitics N.A. Shale & Export Options - A Canadian View

Focus on Geopolitics N.A. Shale & Export Options - A Canadian View Focus on Geopolitics N.A. Shale & Export Options - A Canadian View International Gas Union October 17, 2012 Ottawa, ON Dave Collyer, President, CAPP North American Natural Gas Supply Outlook Shale gas

More information

Unconventional resources.

Unconventional resources. Halliburton Shale Solutions Unconventional resources. Unlimited potential. HALLIBURTON SHALE SOLUTIONS The Halliburton Advantage: Unmatched Resources for All-Inclusive Shale Solutions The key to unlocking

More information

WORLD ENERGY COUNCIL. Future Energy Leaders Program. Sustainable Petroleum to Meet Global Demand

WORLD ENERGY COUNCIL. Future Energy Leaders Program. Sustainable Petroleum to Meet Global Demand WORLD ENERGY COUNCIL Future Energy Leaders Program Sustainable Petroleum to Meet Global Demand Dr. Randall Gossen President, World Petroleum Council Montreal, Quebec September 13, 2010-08-04 Speaking Notes

More information

The ever increasing importance of reservoir geomechanics

The ever increasing importance of reservoir geomechanics SPE special Interest Reservoir Group, Calgary March 26, 2014 The ever increasing importance of reservoir geomechanics Antonin (Tony) Settari TAURUS Reservoir Solutions Ltd., Calgary Professor Emeritus,

More information

HORIZONTAL DRILLING AND HYDRAULIC FRACTURING CONSIDERATIONS FOR SHALE GAS WELLS Brian K. Bohm, P.G. J. Daniel Arthur, P.E., SPEC ALL Consulting

HORIZONTAL DRILLING AND HYDRAULIC FRACTURING CONSIDERATIONS FOR SHALE GAS WELLS Brian K. Bohm, P.G. J. Daniel Arthur, P.E., SPEC ALL Consulting HORIZONTAL DRILLING AND HYDRAULIC FRACTURING CONSIDERATIONS FOR SHALE GAS WELLS Brian K. Bohm, P.G. J. Daniel Arthur, P.E., SPEC ALL Consulting Bureau d audiences publiques sur l environement (BAPE) Saint-Hyacinthe,

More information

CASE STUDIES: MARCELLUS, EAGLE FORD, NIOBRARA

CASE STUDIES: MARCELLUS, EAGLE FORD, NIOBRARA FACT-BASED MODELING ANALYSIS, PREDICTION, & OPTIMIZATION OF HYDRAULIC FRACTURING PRACTICES IN SHALE ADVANCED DATA-DRIVEN ANALYTICS CASE STUDIES: MARCELLUS, EAGLE FORD, NIOBRARA Shahab D. Mohaghegh WEST

More information

The Role of Natural Gas in Texas and America CEA Meeting August 24 th, 2010

The Role of Natural Gas in Texas and America CEA Meeting August 24 th, 2010 The Role of Natural Gas in Texas and America CEA Meeting August 24 th, 2010 About ANGA Our Mission America's Natural Gas Alliance exists to promote the economic, environmental and national security benefits

More information

REMOTE MONITORING SYSTEM MATURE FIELDS UNCONVENTIONALS MONITORING SYSTEM. Solving challenges.

REMOTE MONITORING SYSTEM MATURE FIELDS UNCONVENTIONALS MONITORING SYSTEM. Solving challenges. REMOTE MONITORING SYSTEM InteLift REMOTE MONITORING SYSTEM Solving challenges. UNCONVENTIONALS MATURE FIELDS InteLift Remote Monitoring System InteLift REMOTE MONITORING SYSTEM YOUR RESERVES AND YOUR

More information

STEVE HENNINGS, M.S., P.E.

STEVE HENNINGS, M.S., P.E. STEVE HENNINGS, M.S., P.E. CITIZEN EDUCATION ASSOCIATIONS EXPERTISE USA M.S. Finance, University of Denver B.S. Petroleum Engineering, University of Wyoming International SPE Petroleum Engineering Certification

More information

Eagle Ford Shale Exploration Regional Geology meets Geophysical Technology. Galen Treadgold Bruce Campbell Bill McLain

Eagle Ford Shale Exploration Regional Geology meets Geophysical Technology. Galen Treadgold Bruce Campbell Bill McLain Eagle Ford Shale Exploration Regional Geology meets Geophysical Technology Galen Treadgold Bruce Campbell Bill McLain US Shale Plays Unconventional Reservoirs Key Geophysical Technology Seismic Acquisition

More information

2011 FTS International. All rights reserved.

2011 FTS International. All rights reserved. A leading independent provider of oil and natural gas stimulation services with expertise in high-pressure hydraulic fracturing. 2 Table of Contents 1. Company Overview 2. Customer Engagement and Footprint

More information

Tight Gas Reservoirs R&D Project Approach

Tight Gas Reservoirs R&D Project Approach Tight Gas Reservoirs R&D Project Approach EBN TNO Tight Gas Symposium Utrecht, September 19, 2006 Tight Gas Reservoirs: some definitions Applies to the sandstone and carbonate reservoirs, with all type

More information

Third IEF - IGU Ministerial Gas Forum Panel Session 2: Enhanced dialogue and cooperation for strengthened energy security.

Third IEF - IGU Ministerial Gas Forum Panel Session 2: Enhanced dialogue and cooperation for strengthened energy security. Third IEF - IGU Ministerial Gas Forum Panel Session 2: Enhanced dialogue and cooperation for strengthened energy security November 2012 Contents 1. Background National framework Infrastructure Injection

More information

The US Natural Gas Revolution: Technology Transforms A Market*

The US Natural Gas Revolution: Technology Transforms A Market* The US Natural Gas Revolution: Technology Transforms A Market* Porter Bennett 1 Search and Discovery Article #70101 (2011) Posted July 12, 2011 *Adapted from oral presentation at AAPG Annual Convention

More information

Shale & Tight Reservoir Simulation. Jim Erdle - VP/USA & LA OCTOBER 2012

Shale & Tight Reservoir Simulation. Jim Erdle - VP/USA & LA OCTOBER 2012 Shale & Tight Reservoir Simulation Jim Erdle - VP/USA & LA OCTOBER 2012 AGENDA How CMG s simulators are being used o Shale/Tight reservoir modelling features o Shale/Tight reservoir modelling workflows

More information

US Ethane and Ethylene Exports & Markets Report

US Ethane and Ethylene Exports & Markets Report US Ethane and Ethylene Exports & Markets Report Introduction With the development of shale gas and oil the U.S. production landscape has experienced a dramatic shift over the last 5 years. There has been

More information

Global Vision for Gas The Pathway towards a Sustainable Energy Future

Global Vision for Gas The Pathway towards a Sustainable Energy Future Global Vision for Gas The Pathway towards a Sustainable Energy Future Roberto D. Brandt International Gas Union (IGU) Lima July 3, 2012 Table of Contents 1. What is IGU? 2. IGU s Global Vision for Gas

More information

Executive Briefing: LNG Supply for Marine Vessels

Executive Briefing: LNG Supply for Marine Vessels Executive Briefing: LNG Supply for Marine Vessels June 2011 1 Agenda Clean Energy Business Brief LNG Benefits Cheaper Cleaner American Economics LNG Supply & Logistics 2 About Clean Energy (NASDAQ: CLNE)

More information

Developments/Potential of Shale Gas

Developments/Potential of Shale Gas Towards Future Technological l Developments/Potential Kurt M. Reinicke Institut für Erdöl- und Erdgastechnik (ITE), TU Clausthal organised by the European Parliament Brussels, 05. October 2011 1 CONTENT

More information

Interpreting Uncemented Multistage Hydraulic Fracturing Completion Effectiveness Using Fiber-Optic DTS Injection Data

Interpreting Uncemented Multistage Hydraulic Fracturing Completion Effectiveness Using Fiber-Optic DTS Injection Data Interpreting Uncemented Multistage Hydraulic Fracturing Completion Effectiveness Using Fiber-Optic DTS Injection Data E.H. Holley, SPE, Pinnacle A Halliburton Service; M.M. Molenaar, SPE, Shell Canada

More information

SINCE 2002, our firm has had a group dedicated to energy trading, with approximately 15 investment

SINCE 2002, our firm has had a group dedicated to energy trading, with approximately 15 investment THE D. E. SHAW GROUP December 2014 Vol. 5 No. 1 Shale Game: Market Dynamics in North American Natural Gas SINCE 2002, our firm has had a group dedicated to energy trading, with approximately 15 investment

More information

Plan to Study the Potential Impacts of Hydraulic Fracturing on Drinking Water Resources

Plan to Study the Potential Impacts of Hydraulic Fracturing on Drinking Water Resources EPA/600/R-11/122/November 2011/www.epa.gov/research Plan to Study the Potential Impacts of Hydraulic Fracturing on Drinking Water Resources United States Environmental Protection Agency Office of Research

More information

On the Impact of Oil Extraction in North Orange County: Overview of Hydraulic Fracturing

On the Impact of Oil Extraction in North Orange County: Overview of Hydraulic Fracturing On the Impact of Oil Extraction in North Orange County: Overview of Hydraulic Fracturing California State University Fullerton, September 23, 2014 Steve Bohlen, Senior Scientist, Lawrence Berkeley National

More information

GAO OIL AND GAS. Information on Shale Resources, Development, and Environmental and Public Health Risks

GAO OIL AND GAS. Information on Shale Resources, Development, and Environmental and Public Health Risks GAO United States Government Accountability Office Report to Congressional Requesters September 2012 OIL AND GAS Information on Shale Resources, Development, and Environmental and Public Health Risks GAO-12-732

More information

Calfrac Well Services: Shale Fracturing Operations, Technical Expertise & Achievements. VP, Sales, Mkting & Engineering, Cdn Division

Calfrac Well Services: Shale Fracturing Operations, Technical Expertise & Achievements. VP, Sales, Mkting & Engineering, Cdn Division Calfrac Well Services: Shale Fracturing Operations, Technical Expertise & Achievements Alberto Bertolini Gary Rokosh Bernie Schulmeister Director General, Latin America VP, Sales, Mkting & Engineering,

More information

Graduate Courses in Petroleum Engineering

Graduate Courses in Petroleum Engineering Graduate Courses in Petroleum Engineering PEEG 510 ADVANCED WELL TEST ANALYSIS This course will review the fundamentals of fluid flow through porous media and then cover flow and build up test analysis

More information

Gas and Midstream. Unlocking the Full Potential of Natural Gas

Gas and Midstream. Unlocking the Full Potential of Natural Gas Gas and Midstream Unlocking the Full Potential of Natural Gas Chevron: Your Natural Gas Partner Our world depends on clean natural gas to help meet growing energy needs. The International Energy Agency

More information

MDLNF) is one of my top picks for 2016. Here are some of the reasons why:

MDLNF) is one of my top picks for 2016. Here are some of the reasons why: Follow us on Facebook: www.facebook.com/alphastox Follow us on Twitter: https://twitter.com/alphastox_com Dear Alphastox Subscribers, Investing in Argentina and more specifically, Madalena Energy (TSXV:MVN;

More information

Does that math work?

Does that math work? Where are we today? What percent of oil did the U.S. import in April 2011? 61% How many barrels of oil does that represent? 344,000,000 What percent of the worlds population is the U.S.? 4.5% What percent

More information

GLOBAL SHALE GAS DEVELOPMENT Water Availability and Business Risks

GLOBAL SHALE GAS DEVELOPMENT Water Availability and Business Risks GLOBAL SHALE GAS DEVELOPMENT Water Availability and Business Risks PAUL REIG, TIANYI LUO, AND JONATHAN N. PROCTOR WRI.ORG EXECUTIVE SUMMARY Global Shale Gas Development: Water Availability and Business

More information