Simulation of Shale Gas Field Development: An Example from Western Australia

Author(s):  
Stefan Goedeke ◽  
Md Mofazzal Hossain
2018 ◽  
Vol 67 ◽  
pp. 01003
Author(s):  
Wike Widyanita ◽  
Nelson Saksono

The deficit of natural gas supply and demand could be minimized by discovering new reserves in conventional or unconventional reservoir. Shale gas potential in Indonesia was estimated 574 TCF and Naintupo Formation in Tarakan Basin had 5 TCF of technically recoverable reserve with 35 TCF risked gas-in-place. This study would discuss technoeconomic aspect of shale gas field development in Naintupo Formation, Tarakan Basin using gross split contract scheme. Three flow profiles would be developed by using Arps hyperbolic decline curves, consist of low flow profile with initial production (qi) of 150 mmcf/mo, medium (qi = 250 mmcf/mo) and high flow profile (qi = 350 mmcf/mo). Costs estimation were based on benchmarking cost of developed shale gas field in United States and nearby oil/gas field development in Tarakan Basin. Economic analysis showed that medium and high flow profile gave positive economic indicator marked by positive NPV and IRR>10%. Sensitivity analysis showed that flow profile gave more effect in NPV and IRR increased than the gas price. In order to develop positive NPV with discount rate of 10%, it is required to sell shale gas at $6.52/MMBTU in high flow profile or $8.42/MMBTU in medium flow profile.


AIChE Journal ◽  
2021 ◽  
Author(s):  
Zedong Peng ◽  
Can Li ◽  
Ignacio E. Grossmann ◽  
Kysang Kwon ◽  
Sukjoon Ko ◽  
...  

2017 ◽  
Vol 57 (1) ◽  
pp. 110
Author(s):  
L. Bacarreza ◽  
C. Singam ◽  
M. Buchan ◽  
A. May ◽  
A. Leung ◽  
...  

The Prelude gas field – located in the Browse Basin, north-western Australia, 260 nautical miles from the port of Broome, WA – was selected for the implementation of a revolutionary technology for stranded gas reserves. The wells drilled and completed in this field are intended to feed the floating liquefied natural gas facility (Prelude FLNG) for the next 25 years, so integrity, robustness and equipment reliability were key issues in their construction. The field development plan consisted of seven high-rate, high-angle wells drilled in batch mode using a semi-submersible. It very quickly became clear that the lessons captured during the vertical exploration and appraisal phases were insufficient for high-angle directional development wells. While the offset information was important, it did not address the intra-reservoir challenges (i.e. fractures, loss zones), wellbore instability, string vibration, stick-slip, high torque and drag, or reduced operational mud weight window. This paper presents the measures implemented to mitigate those challenges. It also addresses the enablers that allowed the successful delivery of this project. Prelude was the first project in the Browse Basin to drill horizontal wells.


2014 ◽  
Author(s):  
Bas Brouwer ◽  
Berend C Scheffers ◽  
Michiel Harings ◽  
Raymond Godderij ◽  
Maarten-Jan Brolsma ◽  
...  

AIChE Journal ◽  
2021 ◽  
Author(s):  
Zedong Peng ◽  
Can Li ◽  
Ignacio E. Grossmann ◽  
Kysang Kwon ◽  
Sukjoon Ko ◽  
...  

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