Asset Report
Palo Duro shale gas unconventional play
Report summary
The Lower Bend Shales of the Palo Duro Basin gained industry attention in 2003, driven by promising results from the re-entry of a 1950s Granite Wash well. However, subsequent test drilling in the Palo Duro was discouraging, with wells indicating that the formation is underpressured and areas with high organic content are not continuous. Both horizontal and vertical wells drilled in the play have been sub-economic. In addition to navigating the challenging geology, operators struggled to...
Table of contents
- Key facts
-
Summary and key issues
- Commercialisation overview
- Update messages
- Location maps
- Timeline
- Geology
- Reserves and resources
-
Production
- Gas market
- Infrastructure
-
Fiscal and regulatory
- Environment/regulation
- Land access/permitting
- Fiscal terms
-
Operations
- Supply chain
- Water procurement/disposal
- Key companies
- Economic assumptions
- Economic analysis
Tables and charts
This report includes 8 images and tables including:
- Key facts: Table 1
- Palo Duro map - exploratory drilling was confined to Floyd, Briscoe, and Motley counties
- Palo Duro geological characteristics
- Palo Duro reserves and resources build-up
- Reserves assumptions
- Position of key companies
- Economic assumptions: Table 1
- Economic analysis: Table 1
What's included
This report contains:
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