Shale EOR: the economics
This model assesses the economics of a shale-EOR huff’n’puff project. NPVs and IRRs can be stress-tested as a function of oil prices, gas prices, production-profiles, EUR uplifts and capex costs….
Shale growth: what if the Permian went CO2-neutral?
Shale growth has been slowing due to fears over the energy transition, as Permian upstream CO2 emissions reached a new high in 2019. We have disaggregated the CO2 across 14…
Should a shale rig switch to gas-fuel?
Should a shale rig switch to gas-fuel? We estimate that a dual-fuel shale rig, running on in-basin natural gas would save $2,300/day (or c$30k/well), compared to a typical diesel rig….
Shale Productivity: Our “Top 50” Improvements
We still hear critics of the shale industry downplaying its productivity gains. Often, they are dismissed as a function of rising proppant intensity. We disagree. Enormous improvements are visible if…
DAS. At the cutting edge in shale?
This data-file summarises 25 of the most recent technical papers around the industry, using fiber-optic cables for Distributed Acoustic Sensing (DAS). The technology is hitting critical mass to spur shale…
CO2-EOR in Shale: the economics
We have modelled the economics of CO2-EOR in shale, after interest in this topic spiked 2.3x YoY in the 2019 technical literature. Our deep-dive research into the topic is linked…
US shale: the quick and the dead?
It is no longer possible to compete in the US shale industry without leading digital technologies. This 10-page note outlines best practices, process by process, based on 500 patents and…
Shale productivity: snakes and ladders?
…respectively. Conversely, when shale activity recovers, productivity may disappoint, and we lower our 2022+ forecasts by 0.2-0.9 Mbpd. This 7-page note explores shale productivity data, and the causes and consequences…
US Shale Gas to Liquids?
…data-file, using prior project disclosures and our learnings from the patent history. Our base case IRR is 11%, taking in 1.6bcfd of shale gas as feedstock. Resiliency is tested at…
US Shale: the second coming?
Future US shale productivity can still rise at a 5% CAGR to 2025, based on evaluating 300 technical papers from 2020. The latest improvements are discussed in this 12-page note,…