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Industry Article: Study Assesses Shale Decline Rates

Study Assesses Shale Decline Rates
Publication: American Oil & Gas Reporter
Publication Date: 05/02/2011

Experts examined shale gas decline curves in the Barnett, Fayetteville, Woodford, and Haynesville plays to predict future production for this increasingly significant fraction of the North American gas market. The data available tends to be difficult to resolve because each operator calculates enhanced ultimate recovery by different business rules. The authors have provided a common denominator with break-even economics using a P50 probability case. In addition to examining decline curves to identify trends in general, the article also reveals correlations between production improvements and the use of new technology or tools.



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