UGI: Unconventional gas wealth seen in world’s basins

10/06/2008
Sedimentary basins in the US appear to contain a volume of technically recoverable unconventional gas that is 10 times the ultimately recoverable volume of conventional gas.All resources are logarithmically distributed in nature, and the lower quality deposits need more expenditures and better technology to develop economically, Stephen A. Holditch of Texas A&M University told the opening session of Oil & Gas Journal’s Unconventional Gas International Conference & Exhibition in Fort Worth Sept. 30.Results of the studies of eight US basins are being configured into software that can be used as advisory points as operators begin to drill, complete, stimulate, and produce s...
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