halliburton global law department september 28 th, 2011 © 2011 halliburton. all rights reserved
TRANSCRIPT
Northeast - Birthplace of U.S. Natural Gas
First natural gas well • William Hart – 1821• Fredonia, New York
First natural gas pipeline• E. L. Drake – 1859• Titusville, Pennsylvania
Early challenges• Funding• Commercial quantities• Storage and transport• Technology
Natural Gas Evolution Underway
U.S. Shale Development
Bakken
Monterey
Eagle Ford
Haynesville
Marcellus
Antrim
New Albany
Bone Springs/ Avalon
Niobrara
WoodfordFayetteville
Barnett
Mancos
Gothic/ Green River
Floyd
Montana Thrust
Belt
http://www.eia.gov/oil_gas/rpd/shale_gas.jpg
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Gas Rate Sim
Gas Rate
Oil Rate
Oil rate Sim
Quantify Construct Complete Analyze
Decades of Technology Application
Barnett Shale
Barnett
Set the stage for modern shale gas development
Learnings leveraged into future operations
Over 15,000 producing wells today
Austin Chalk Horizontal Drilling and Hydraulic Fracturing
Extensive use of horizontal drilling and hydraulic fracturing since 1985
Long laterals and large volume fracturing safely utilized
Processes are proven and well understood
Giddings
Pearsall
What is “Hydraulic Fracturing?”
Hydraulic Fracturing: The use of fluids to create a
pathway to the wellbore The placement of small granular
solids into the pathway to ensure that it remains open after the hydraulic pressure is removed
Objective: Increase the rate at which the well
is capable of producing oil or gas Increase the economically
recoverable reserves for a well
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