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Our team hosted a Special Webinar on Wednesday, February 17 to introduce the study and the contents. To replay the webinar and to request a comprehensive prospectus for the study, please complete the form below.
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North American energy is undergoing a major metamorphosis concerning type, location and cost of supply. Natural gas could be the fuel of the future. It is both more efficient and more climate friendly than other fossil fuel alternatives, but with the ramp-up capability and dependability absent from renewable resources. Moreover, it is abundant, with the U.S. gas resource base recently increased by more than 500 TCF by the Potential Gas Committee. Much of this gas resource growth is the result a revolution in
unlocking production from gas resource plays.
Gas from resource plays, which is commonly referred to as unconventional gas, now makes up 50 percent of the new gas put on-line in the last three years. North American gas producers have been so successful at adding to our gas resource base that production now outpaces demand. This, plus the increase in LNG and the impact of the recession has led to gas prices of below $4 per MMBtu. A shakeout of supplies is anticipated, with higher cost conventional production making way for lower cost gas from resource plays, particularly shale gas.
It is now even more important to understand the performance metrics, costs and cost drivers, along with operator innovations, for each play. Enhanced drilling and completion practices have led to substantial increases in initial well production rates and in estimated ultimate recoveries. And as new plays emerge or are being evaluated, lessons learned from the more mature plays can help to determine successful access and entrance strategies of producers.
This is not only a North American phenomenon. As producers look for resource plays beyond the shores of North America, lessons learned and insights gained here can be applied to these emerging international plays.
With this multi-client study, IHS CERA applies comprehensive, detailed well and production histories to measure performance and answer key commercial questions for major established and emerging North America “unconventional” gas plays.
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What is the full range of success and failure within each play?
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Which plays will be the best investments to deliver likely economic success for your organization?
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What skills are needed for successful entry into each play?
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What factors set the leaders apart?
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How can your organization understand learning curves based on other operator’s successes and failures?
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What are the rules of thumb and possible analogs for assessing emerging plays and international unconventional opportunities?
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The goal of Cream of the Crop is to help clients assess which plays represent the best investments for their organization, and develop play entry and operating strategies based on a deep understanding of play-level economics and other factors driving commercial and technical success, including:
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Production and performance trends, including type curves
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Capital and operating costs
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Drilling and technology improvements
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Play extent and possible sweet spot identification
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Primary operator comparison and benchmarking
These play assessments employ proprietary tools and methods developed within IHS CERA, as well as production well and data from IHS, and insights and tools from our North American Gas and Capital and Operating Costs Analysis Forum teams.
The plays covered by the study encompass the leading shale gas, tight gas sandstone and coal-bed methane developments in the U.S. and Canada, according to one of three categories: Mature, Evolving and Frontier.
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Final Report – comprehensive overview of plays with summary charts and tables
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Data Files – tables, files and charts in MS-Excel format are the core deliverables for this study
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Mature and Evolving Play Analysis – includes type curves, vintage product history and producing well history, performance distribution spread, capital and operating costs, drilling and technology improvements, play extent and sweet spot identification, operator comparison and play level summary charts
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Frontier Play Analysis – hydrocarbon show maps, activity maps and major operator activity
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