A thorough review and latest advances in shale reservoirs: Seismic to surveillance

Cenk Temizel, Celal Hakan Canbaz, Ihsan Murat Gok, Shahrzad Roshankhah, Yildiray Palabiyik, Melek Deniz-Paker, Fatma Bahar Hosgor, Mustafa Hakan Ozyurtkan, Firat Aksahan, Ender Gormez

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

9 Citations (Scopus)

Abstract

As major oil and gas companies have been investing in shale oil and gas resources, even though has been part of the oil and gas industry for long time, shale oil and gas has gained its popularity back with increasing oil prices. Oil and gas industry has adapted to the low-cost operations and has started investing in and utilizing the shale oil sources significantly. In this perspective, this study investigates and outlines the latest advances, technologies, potential of shale oil and gas reservoirs as a significant source of energy in the current supply and demand dynamics of oil and gas resources. A comprehensive literature review focusing on the recent developments and findings in the shale oil and gas resources along with the availability and locations are outlined and discussed under the current dynamics of the oil and gas market and resources. Literature review includes a broad spectrum that spans from technical petroleum literature with very comprehensive research using SCOPUS database to other renowned resources including journals and other publications. All gathered information and data are summarized.Not only the facts and information are outlined for the individual type of energy resource but also the relationship between shale oil/gas and other unconventional resources are discussed from a perspective of their roles either as a competing or a complementary source in the industry. In this sense, this study goes beyond only providing raw data or facts about the energy resources but also a thorough publication that provides the oil and gas industry professional with a clear image of the past, present and the expected near future of the shale oil/gas as it stands with respect to other energy resources. Among the few existing studies that shed light on the current status of the oil and gas industry facing the rise of the shale oil are up-to-date and the existing studies within SPE domain focus on facts only lacking the interrelationship between heavy and light oil as a complementary and a competitor but harder-to-recover form of hydrocarbon energy within the era of rise of renewables and other unconventionals. This study closes the gap and serves as an up-to-date reference for industry professionals.

Original languageEnglish
Title of host publicationSociety of Petroleum Engineers - SPE Latin American and Caribbean Petroleum Engineering Conference 2020, LACPEC 2020
PublisherSociety of Petroleum Engineers (SPE)
ISBN (Electronic)9781613996539
Publication statusPublished - 2020
EventSPE Latin American and Caribbean Petroleum Engineering Conference 2020, LACPEC 2020 - Virtual, Online
Duration: 27 Jul 202031 Jul 2020

Publication series

NameSPE Latin American and Caribbean Petroleum Engineering Conference Proceedings
Volume2020-July

Conference

ConferenceSPE Latin American and Caribbean Petroleum Engineering Conference 2020, LACPEC 2020
CityVirtual, Online
Period27/07/2031/07/20

Bibliographical note

Publisher Copyright:
Copyright © 2020, Society of Petroleum Engineers

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