SPE Mid-Continent Section Luncheon - Wednesday, September 10, 2014
Wednesday, September 10, 2014 from 11:20 AM to 1:00 PM (CDT)
San Francisco, California
London, United Kingdom
SPE Mid-Continent Luncheon Meeting — Wednesday, September 10, 2014
Location: Renaissance Hotel, 6808 S 107th E Ave, Tulsa, OK 74133
Speaker: Brian E. Toelle, Schlumberger, Distinguished Lecturer*
Topic: "Shale Sweet Spot Detection with Surface Seismic"
One of the greatest revolutions in the history of the oil and gas industry has taken place over the past decade. This revolution is the rise of the shale reservoirs. Initially, these shales were developed using statistical drilling methods in which a large number of horizontal boreholes are drilled throughout the play. Until recently, gas prices supported the economics of this approach. Because of their success, an abundance of gas has caused a decrease in gas price and a new economic paradigm has emerged: shale sweet spot drilling. Sweet spots result from certain geologic conditions, such as increased matrix porosity or total organic content, increased microfractures, and areas with increased brittleness. These reservoir characteristics affect the physical rock properties that, in turn, affect a passing seismic signal. The ability to locate these sweet spots before drilling significantly affects the economics associated with these plays.
Brian E. Toelle
Brian E. Toelle is an adjunct assistant professor at West Virginia University and an adviser in exploration and geophysics at Schlumberger. He holds BS, MS, and PhD degrees in geology and has worked in the oil and gas industry for more than 33 years. Toelle has authored or coauthored 47 professional papers, posters, and presentations and has received Saudi Aramco’s Exploration Professional of the Year Award and the Performed by Schlumberger Award.
When & Where
SPE Mid-Continent Section
The Mid-Continent Section of SPE was founded on December 28, 1917. It predated, by two years, the establishment of the American Petroleum Institute (API). Today, the Mid-Continent Section has over 700 members located in Tulsa, Oklahoma USA and surrounding area. Our diverse membership comes from a mix of medium and small businesses including major oil & gas companies, independent producers, drilling contractors, well services, equipment suppliers, gas transmission, universities, government agencies, and consultants.
The Mid-Continent Section maintains a tradition as one of the most active of more than 140 SPE sections in the world. One of its more unique activities is an annual series of 9 monthly luncheons with guest speakers, started in 1965, and continued through the present for over 40 years.
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