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1. Sidebar. Biggest Competitive Edge in Energy Is in the Minds of Its People.

Author

Gargani, John

Subjects
SHALE gas, ENERGY industries, COST control, TECHNOLOGICAL innovations
Abstract

The article discusses innovations in shale gas exploration and production(E & P) industry. The application of technology, continuous improvement practices, and innovation in shale gas exploration and production would help to produce interrupted energy supply. Southwestern Energy Company has reduced the time to drill a natural gas well from 17.5 days in 2007 to 6.2 days in 2013. It has reduced well cost from 2.9 dollar million per well to 2.4 million dollars per well over the same time period.

Published
2014
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