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Accenture Article: Australian Coalbed Methane Fields Can Yield Lessons for US Shale Producers

Accenture Article: Australian Coalbed Methane Fields Can Yield Lessons for US Shale Producers

 

Author: Don Merritt

Enersight contributed perspective on this Accenture article and we offer it to our readers.

The article reports that, “rapid growth in unconventional fuels–ranging from shale oil and gas to coalbed methane–has dramatically increased the complexity of field development and production management.

Instead of placing a few large bets on a few wells and drilling rigs–and watching those bets very closely–operators now must deal with multiple wells, conflicting equipment priorities, and capacity limits for water and steam. They must determine which wells to drill and when to drill them. They must coordinate rig and crew counts while balancing the requirements imposed by lease restrictions and capital constraints.

Low oil prices leave operators with very little margin for error. As they seek to balance production volumes against changing prices, US operators looking for an edge can benefit from the experience of their Australian counterparts, who have dealt with complex coalbed methane (CBM) operations in Queensland for years.”

Read the full Accenture article in the current issue of the Unconventional Oil & Gas Report.

oil and gas ACHIEVING HIGH PERFORMANCE IN UNCONVENTIONAL OPERATIONS

Achieving High Performance in Unconventional Operations – Enersight Joins Accenture in White Paper

oil and gas ACHIEVING HIGH PERFORMANCE IN UNCONVENTIONAL OPERATIONS

The importance of adopting a manufacturing approach to oil and gas exploration is well known across unconventional operators. But what are the most critical areas of improvement – integrated planning, management of services or logistics and materials management?

3esi-Enersight had the opportunity to contribute to this Accenture paper, Achieving high performance in unconventional operations, which examines what practices leading operators are implementing to differentiate and enhance their performance.

Integrated planning impact:

  • 5-10% reduction in construction, drilling and completion costs
  • 10-15% reduction in cycle time from well selection to production

The findings are based on a survey of operators active across multiple basins including those overseeing major producing assets including Eagle Ford Shale in southern Texas and an Australian coal seam gas operator. Input is gathered from conventional players, large independents and smaller independents – all with with a significant unconventional focus. Included in the research is an examination of Enersight field-level planning linked to drilling schedules.

SPE international society of petroleum engineers world earth

3esi to present at the Canadian Unconventional Resources Conference – September 30th 2014

3esi is excited to be presenting a technical program session at the Unconventional Resources Conference in Calgary on September 30th 2014.

Together with Sproule Associates, 3esi will present the paper “Building Meaningful Upstream Representations for the LNG Supply Chain”.  You won’t want to miss this informative and educational presentation.

The session will be held in the afternoon at the BMO Centre at Stampede park.  We are looking forward to seeing you there.

There is still time to register for the Unconventional Conference, you can visit their website at http://www.spe.org/events/urcc/2014/index.php