2022
DOI: 10.31223/x5f30g
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The Paradox of Increasing Initial Oil Production but Faster Decline Rates in Fracking the Bakken Shale: Implications for Long Term Productivity of Tight Oil Plays

Abstract: • Tight oil plays will dominate U.S. hydrocarbon production for next few decades • Well production shows increased IP associated with sharper decline as play matures • Increased initial production of Bakken well does not reflect higher lifetime recovery • Intense fracking results in higher initial production and more rapid terminal decline

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“…For example, the exploration trend extrapolation method was proposed to predict conventional oil and gas resources by analyzing the discovered oil and gas resource amounts using statistical methods (Sun et al, 2020). The estimated ultimate recovery method was proposed to evaluate tight oil and gas resource by utilizing the regional drilling well amount and oil and gas yields of a single well (Male and Duncan, 2022). The small cell volumetric method divides the evaluation area into many calculation units and calculates the amount of resources in each grid one by one according to the effective thickness, effective porosity and oil saturation of the reservoir, which is applicable to shale petroleum resource evaluation (Guo et al, 2013).…”
Section: Introductionmentioning
confidence: 99%
“…For example, the exploration trend extrapolation method was proposed to predict conventional oil and gas resources by analyzing the discovered oil and gas resource amounts using statistical methods (Sun et al, 2020). The estimated ultimate recovery method was proposed to evaluate tight oil and gas resource by utilizing the regional drilling well amount and oil and gas yields of a single well (Male and Duncan, 2022). The small cell volumetric method divides the evaluation area into many calculation units and calculates the amount of resources in each grid one by one according to the effective thickness, effective porosity and oil saturation of the reservoir, which is applicable to shale petroleum resource evaluation (Guo et al, 2013).…”
Section: Introductionmentioning
confidence: 99%