Introduction to Shale and Tight Oil & Gas

Course Overview
The emergence of Shale Oil and Shale Gas has driven a rapid increase in natural gas and oil production in North America during recent years. This has had a positive impact on consumers, as prices and dependency on foreign sources has fallen, but it has had a mixed impact on the oil & gas industry. The positive impacts on the industry have been the infusion of capital and the exciting rapid developments in technology. On the downside, shale development involves different techniques, terms, and concepts than what most people in the industry have been familiar with most of their careers so this has created a training challenge for companies. In addition, the success in dramatically increasing the supply of natural gas has caused prices to fall and so there is less margin for error in properly managing existing and new Shale Oil & Gas development activities.  Though some key concepts of Shale development are somewhat unique, fortunately they are not complex and can be effectively transferred to those working in the technical, support and financial segments of the industry. 

This two-day introductory course provides an overview of shale development for people in the oil and gas industry who have little to no technical training in evaluating, drilling, completing or producing wells in shale reservoirs, but require additional information so they can better support, guide, value, forecast, or service those activities.  The primary topics include unique terminology, horizontal drilling, hydraulic fracturing, resource analysis, common misconceptions, production forecasting, financial analysis, critical rock properties for commercial development, and environmental challenges. 

A complete set of course materials and lunches are included.

All scheduled event(s) for this short course:
Date: TBA
Course Syllabus
Download course syllabus
Course Outline
  • Key Differences between Shale, Tight Rock and Conventional Reservoirs
  • Shale Development History and Status
  • Unique Shale Concepts and Terms
  • Hydraulic Fracturing Fundamentals
  • Modern Hydraulic Fracturing Techniques for Horizontal Wells
  • Resource Calculations and Quick-look Economics
  • Production Forecasting Concepts
  • Critical Shale Properties for Commercial Development
  • Misconceptions reported by Trade and Business Journals
  • Hydraulic Fracturing Fluids and Additives
  • Commercial Optimization Concepts
  • Environmental Challenges and Best Practices

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Instructor

Steve Hennings, M.S., P.E. is the owner of Source Rock Engineering in Littleton, Colorado, USA. He is a registered professional engineer with a Bachelor's degree in Petroleum Engineering and a Master's degree in Finance. Steve worked for a major energy company during his first 20 years in the oil & gas industry where he, completed a wide variety of reservoir, well completion, and production engineering assignments. His first work assignment involved evaluating hydraulic fracture treatments on tight gas sands to identify ways to optimize treatments and to improve the methods for forecasting the production response and he continues to focus attention on those issues. During Steve's employment he also led engineering and geoscience teams for: the largest U.S. oil field, the largest underground coal mine in Australia, and a prestigious petroleum laboratory and research center. For the past ten years Steve has worked as a technical consultant focusing exclusively on unconventional reservoirs in the United States, Canada, Australia, China, India and other countries. Occasionally he conducts private or public technical workshops to share lessons learned from his on-going participation in these exploration and development efforts. Steve is a member of the Society of Petroleum Engineers, Rocky Mountain Association of Geologists, and the Society of Mining Engineers. In 2008 he shared the annual Stefanko Award for his technical presentations.

Training Venue

To avoid potential course disruptions caused by the attendance of unconfirmed registrants, the training venue address will ONLY be provided to registrants upon receipt of payment (via an email confirmation note).

Participant Evaluations
Average participant rating 4 out of 5 stars
9 participant evaluations
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All course reviews are unedited.
June 20, 2013, Partner, London
Excellent course for those looking for a good understanding of unconventional exploration and development, and the key differences with conventional.
June 20, 2013, Well Operations Director, London
Excellent course providing a good overall understanding of Shale Oil and Gas exploration and development
June 14, 2013, Head of Geoscience, London
An extremely useful introduction to this topic, focussing on the similarities and differences with conventional hydrocarbon exploitation.
June 13, 2013, Well Operations Manager, London
Very good indeed