Friday, December 28, 2012

Fracking Then & Now

Interesting history of fracking in the article linked below. Thought the modern bit quoted below was very interesting.  I see more and more "BIM" and virtual tools in oil & gas in the future.

The high-tech revolution in drilling

The March 2012 World Oil trade publication’s description of the sophistication of modern fracking has a science-fiction feel:
“It’s not a stretch to suggest that we are now witnessing the latest technology worthy of joining the geoscience canon of innovation. Who, after all, would have thought of laying out hundreds or even thousands of passive seismic receivers over many square miles to set up what is, in effect, a giant microphone, thousands of feet above a shale oil or gas reservoir. This microphone allows geoscientists to record and map the exact location of the cracks created by hydraulic fracture operations in real time.
“It turns out that this technique offers an exceptionally economic method for monitoring hydraulic fracturing operations across a whole shale oil or gas field. Reservoir engineers can optimize reservoir depletion in a way previously not possible, thereby significantly increasing the return on a company’s asset. Just as important, the microseismic monitoring system is able to provide the factual evidence necessary to deflect environmental objections to hydraulic fracturing; for example, the perceived threat of contamination to public water supplies.”
That latter part is crucial: The vast data-crunching that makes fracking so much more productive than it used to be also will insulate it from the alarmism that fossil fuel haters are trying to sow.

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James L. Salmon, Esq.
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1 comment:

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