Research Article

Integrated Technical and Economical Methodology for Assessment of Undeveloped Shale Gas Prospects: Applying in the Lurestan Shale Gas, Iran

Table 3

P10–P50–P90 values of economic parameters and RF.

NameFunctionMeanP10P50P90

Completion unit cost (MM$/stage)Normal0.220.250.220.22
Drilling unit cost ($/ft)Normal610692610527
Horizontal/vertical drilling priceNormal1.111.221.111.1
OPEX ($/Mscf)Normal1.381.541.381.38
Gas price ($/Mscf)Triangle4.2233.55.66
DR (%)Normal15181512
RF (%)Pearson 532.16253140