ABSTRACT

Over the past decade, significant supplies of natural gas, natural gas liquids, and oil have been discovered in unconventional reservoirs. During this time, the industry has developed technology that has provided the capability to drill longer laterals and complete more stages during the development of these reservoirs in onshore US sedimentary basins. Although the development of new technologies has driven down the cost of extraction, pursuing hydrocarbons in unconventional reservoirs continues to be risky and capital intensive.