TY - JOUR
T1 - COVID Shut-In Choices Across Unconventional Reservoirs
T2 - Evidence From the Bakken and the Marcellus
AU - Kleit, Andrew
AU - Taleghani, Arash Dahi
N1 - Funding Information:
The authors would like to thank Christopher Carle and Zhihan Wang for processing raw data during their summer internships at the Penn State EME program.
Publisher Copyright:
Copyright © 2022 by ASME.
PY - 2022/7
Y1 - 2022/7
N2 - The COVID-19 epidemic had unprecedented impacts on oil and gas markets. Vanishing energy demand in this sector led to significant drop of oil and gas prices over a short period of time. Some operators choose to curtail their production at particular wells, while others did not. In this paper, we look at two examples one from an unconventional gas play and the other from an unconventional oil play in the United States. Through public productions data, we tried to decipher the decision process of operators in these areas and compare the differences in shut-in choices.
AB - The COVID-19 epidemic had unprecedented impacts on oil and gas markets. Vanishing energy demand in this sector led to significant drop of oil and gas prices over a short period of time. Some operators choose to curtail their production at particular wells, while others did not. In this paper, we look at two examples one from an unconventional gas play and the other from an unconventional oil play in the United States. Through public productions data, we tried to decipher the decision process of operators in these areas and compare the differences in shut-in choices.
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U2 - 10.1115/1.4054177
DO - 10.1115/1.4054177
M3 - Article
AN - SCOPUS:85143826461
SN - 0195-0738
VL - 144
JO - Journal of Energy Resources Technology, Transactions of the ASME
JF - Journal of Energy Resources Technology, Transactions of the ASME
IS - 7
M1 - 073009
ER -