New Shale Era: The Age Of The Engineer

You remember the final chapter in the imaginative trilogy where Bilbo and Frodo Baggins, the two diminutive ring bearers, board a boat in the exotic fleet of elves, wizards and legends who are sailing away from Middle Earth, signaling the end of one era and birth of another. Similarly, oil and gas i...

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Bibliographic Details
Published in:Oil & Gas Investor 2017-12, Vol.37 (12), p.N_A-N_A
Main Author: Mason, Richard
Format: Article
Language:English
Subjects:
Boats
Business models
Earth
Energy economics
Engineers
Exploration
Geologists
Natural gas
Oil exploration
Oil shale
Optimization
Petroleum industry
Sailing
Sedimentary rocks
Shale
Shales
Signaling
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Summary:You remember the final chapter in the imaginative trilogy where Bilbo and Frodo Baggins, the two diminutive ring bearers, board a boat in the exotic fleet of elves, wizards and legends who are sailing away from Middle Earth, signaling the end of one era and birth of another. Similarly, oil and gas is witnessing a transition from the geologists, or the wizards of the shale era, to the engineer as completion optimization supplants exploration and delineation as the sector's primary driver. This new era promises much, though truth be told, there is a quiet acknowledgment that the industry doesn't yet fully grasp what is going on underground where what happens in the heat and the dark does not always conform to the models as imagined at the surface.
ISSN:0744-5881