57 comments on Shhh is for oil shale
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57 comments on Shhh is for oil shale
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Also depleted shale source rocks may make a better prospect. A lot of the wells in the Barnett Shale are making 10 to 20 barrels a day plus gas that levels out from 500 to 2,000 mcfpd. I know the costs are high-about $5 million to drill and complete-but they seem to pay out in 3 or 4 years and have a long-lived level production. This beats coal or shale for liquids production. Compare that to your 10,000 bbl/day flowing wells you silly Saudis!
It sure isn't the cheap oil and gas we all grew up with. I think the next trillion barrels is going to cost a whole lot more than the first trillion.
I'm also curious about how the shale manages to find itself conveniently broken into 3-inch pieces in the top of the retort - when it was last heard of as a solid stratum 2000 feet underground - and also what exactly comes out the bottom of the retort, and where this subsequently is put?
It will be uncomparatively easier for a coal company to go down that road as the coal mining technology is well developed and they just need to build the liquification factories. The only way for an oil company to develop coal would be to buy some existing coal mines and pay the cost of convergation, which will make the total bill prohibitively high.
A horizontal hole is in essence a type of oil mine. After the main pressure in the formation is depleted, a lot of oil will still seep into the borehole from gravity and can be pumped out. The horizontal wells can be drilled up to a mile in length through oil productive rocks which increases the well's exposure to the formation by a huge amount.
So the answer is that oil mining is already being done. Good idea, though.
Silly me.