HITTING A SHALE GAS 'SWEET SPOT'

HITTING A SHALE GAS 'SWEET SPOT'

A BRISBANE company is working with Shell to launch a service that will revolutionise shale gas production in Australia. 

Welldog, in collaboration with Shell International Exploration & Production, has announced it is developing a shale gas technology that would be an Australian first. 

The service, ‘SweetSpotter’, has been in development for the past 18 months and aims to better locate natural gas and natural gas liquids in shale formations, based on studies suggesting that currently 30 to 50 per cent of shale fracking doesn’t result in production.

SweetSpotter will be the product of Welldog’s patented Raman technology, a downhole chemical sensing system, and Shell’s experience in shale gas evaluation.

“The service is directed at identifying the locations where natural gas and natural gas liquids occur in shale formations, allowing producers to focus development efforts, reduce drilling costs, optimize production, and reduce the number of hydraulic fracturing stages and associated water usage,” says Welldog chief operating officer James Walker (pictured with the Reservoir Raman System).

“By knowing precisely where the gas is in their reservoirs, shale companies will be able to conduct fracking more accurately and potentially reduce fracking activity and costs.

“In a time of rising development costs, downward commodity price pressures and slimming margins, technologies like this could significantly improve well economics and performance, as well as reduce the footprint of shale development.”

SweetSpotter is inserted into a well to produce a molecular fingerprint of exactly what is in the reservoir. It does so by measuring the frequency of light before and after it penetrates the gas or liquids present.

Shale gas is just one of many technical services that Welldog provides to the broader resource industry.

Welldog’s head office is in Brisbane but the company also has offices in Wyoming, USA and Roma, Queensland.

 

Subscribe Now!
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

Generous perks equals happy workers? Not always. Here’s what employees really want

Generous perks equals happy workers? Not always. Here’s what employees really want

Many Australian companies offer a range of benefits and perks to wo...

Fable leans in to mushrooms over ‘plant-based’, strikes deals from Wagamama UK to Zeus Street Greek

Fable leans in to mushrooms over ‘plant-based’, strikes deals from Wagamama UK to Zeus Street Greek

If there is a lesson to be learned from Fable Food Co for the ventu...

IAG slapped with class action amid claims algorithms targeted loyal customers

IAG slapped with class action amid claims algorithms targeted loyal customers

Insurance Australia Group (ASX: IAG) has been slapped with a class ...

Catalano’s ACM still keen on striking a Southern Cross deal as newspaper titles put on the table

Catalano’s ACM still keen on striking a Southern Cross deal as newspaper titles put on the table

Regional newspaper group Australian Community Media is still keen f...