Changes in producer’s strategies in the low price environments and their implications: Insights from shale formations research
Bureau of Economic Geology
The talk will start with the short introduction into a well and shale field economic modeling. The model setup will then be used to help researchers from other disciplines (geologists and engineers in particular) to understand how and why shale gas and oil producers may refocus their research interests and efforts under the new circumstances, namely decreasing low energy prices. The examples from the BEG Shale Outlook studies will be used to illustrate the conclusions and implications.
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