Geology matters in the Austin Chalk play

摘要

I have been critical of resource plays in this column, but not because I dislike the plays. What bothers me about resource plays is that many operators fail to use basic geology to improve their performance. The Austin Chalk play in two areas of the onshore Texas Gulf Coast is an example of an unconventional play in which geology and trap definition matter, and can be used to drill wells with better rates and reserves.