How technology and price affect US tight gas potential. Part 2 (Conclusion). Economics of tight gas production

Journal Article · Fri Apr 01 00:00:00 EST 1983 · Pet. Eng. Int.; (United States)

OSTI ID:6322588

Veatch, Jr, R W; Baker, O

The amount of tight gas recoverable in the Lower 48 states depends on both improved technology and the price received for the gas. As either of these factors increases, operators will be able to produce lower quality reservoirs, thereby increasing the economically recoverable gas resources. A model used to estimate three major producing formations in the San Juan basin - the Dakota, Pictured Cliffs, and Mesa Verde - incorporates the physical steps in the exploration and development process for each field in the subbasin; investments, dry holes, production, and sales are properly scheduled to yield financial results as well as ultimate recovery. A second model simulates an exploration play in multiple basins, providing for scheduling investments in a number of basins over a period of years. Output includes annual production, cash flow, and profitability.

• Research Organization: Amoco Production Co., Chicago, IL
• OSTI ID: 6322588
• Journal Information: Pet. Eng. Int.; (United States), Vol. 55
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
NATURAL GAS
PRICES
PRODUCTION
NATURAL GAS DEPOSITS
EXPLORATION
INVESTMENT
SIMULATION
TECHNOLOGY UTILIZATION
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
MINERAL RESOURCES
RESOURCES
030200* - Natural Gas- Reserves
Geology
& Exploration
030600 - Natural Gas- Economic
Industrial
& Business Aspects