Home > Forecasts >Assumptions to the Annual Energy Outlook> Table 56
 


Assumption to the Annual Energy Outlook

Table 56.  Technology Types and Impacts
Printer Friendly Version

Technology Group 

Technology Type  Impact 
1     Basin assessments    Increase the available resource base by a) accelerating the time that hypothetical plays in currently unassessed areas become available for development and b) increasing the play probability for hypothetical plays – that portion of a given area that is likely to be productive. 
Play specific, extended reservoir characterizations    Increase the pace of new development by accelerating the pace of development of emerging plays, where projects are assumed to require extra years for full development compared to plays currently under development. 
Advanced well performance diagnostics and remediation  Expand the resource base by increasing reserve growth for already existing reserves. 
Advanced exploration and natural fracture detection R&D  Increases the success of development by a) improving exploration/development drilling success rates for all plays and b) improving the ability to find the best prospects and areas. 
Geology technology modeling and matching  Matches the “best available technology” to a given play with the result that the expected ultimate recovery (EUR) per well is increased. 
More effective, lower damage well completion and stimulation technology  Improves fracture length and conductivity, resulting in increased EUR’s per well. 
Targeted drilling and hydraulic fracturing R&D  Results in more efficient drilling and stimulation which lowers well drilling and stimulation costs. 
New practices and technology for gas and water treatment  Result in more efficient gas separation and water disposal which lowers water and gas treatment operation and maintenance costs. 
Advanced well completion technologies, such as cavitation, horizontal drilling, and multi-lateral wells:  Defines applicable plays, thereby accelerating the date such technologies are available and introduces and improved version of the particular technology, which increases EUR per well. 
10  Other unconventional gas technologies, such as enhanced coalbed methane and enhanced gas shales recovery  Introduce dramatically new recovery methods that a) increase EUR per well and b) become available at dates accelerated by increase R&D, with c) increased operation and maintenance costs (in the case of coalbed methane) for the incremental gas produced. 
11  Mitigation of environmental constraints  Removes development constraints in environmentally sensitive basins, resulting in an increase in basin areas available for development. 

Released: February 2004