The Rise and Fall of Microseismic Frac Monitoring
Wednesday, 22 July 2020, 8:00 a.m.–8:40 a.m. | Austin, Texas
- Peter M. Duncan, President and Chief Executive Officer, Microseismic, Inc.
As the shale gale grew microseismic monitoring of fracs grew with it. The technology was key to understanding how the reservoirs actually responded to pressure pumping. Completion efficiency, wellbore spacing decisions, and environmental safety were all illuminated by the microseismic results. Production from shale has continued to grow but the microseismic monitoring market has shrunk in part because of commodity prices but also because producers believe the value proposition of monitoring has diminished or even vanished. Is microseismic monitoring a technology whose time has passed? Let’s talk.
- Included with Registration