CULLEN COLLEGE OF ENGINEERING

University of Houston Cullen College of Engineering

News

Bloomberg Cites John Lee on Future Shale Production Estimates

By: 

Melanie Ziems

Bloomberg Businessweek reported earlier this month that the accuracy of shale oil reserve estimates made in the past may not be completely accurate, which is more obvious as we advance the mathematical technology used to make the estimates.

Jan Arps, a petroleum engineer, published a formula in 1945 showing how to predict how much a crude well will produce before running dry. Even though when Arps died in 1976 shale technology had yet to be born, his crude well equation was used to predict shale well production. The figures produced by Arps' formula, we now know, may not be quite accurate.

John Lee, Professor of Petroleum Engineering and Hugh Roy and Lillie Cranz Cullen Distinguished University Chair at the University of Houston's Cullen College of Engineering, spoke with Bloomberg about Arps' formula and the future of shale well production. “Things could turn out more pessimistic than people project,” said Lee. “The long-term production of some of those oil-rich wells may be overstated.”

Read the full article on Bloomberg Businessweek here.

Faculty: 

Department: 

Related News Stories

Photos: Spring 2019 UH Engineering Commencement Ceremony

The University of Houston Cullen College of Engineering celebrated the graduation of more than 600 engineers on Thursday, May 9 at the Fertitta Center.

The proud graduates earned: 427 bachelor’s degrees, 141 master’s degrees and 45 doctorate degrees.

The keynote address was delivered by Chang Oh Turkmani, managing director at the Mega Company and a member of the Engineering Leadership Board (ELB).

Photos: 30th Annual UH Engineering Crawfish Boil Kicks off OTC

The UH Cullen College of Engineering hosted its 30th annual Offshore Industry Crawfish Boil on Sunday, May 5 at Lynn Eusan Park.

Thousands of alumni, faculty, students and industry leaders gathered to network and mingle as they enjoyed crawfish, bbq, beer, drinks and live music.

Since its inception, the annual spring event has raised over $1 million to benefit engineering scholarship and academic programs.

Upcoming Events / Seminars