While at Texas A&M, he taught 97 courses and served on more than 175 graduate committees during his tenure. Holditch received several awards from Texas A&M. He was elected into the Petroleum Engineering Academy of Distinguished Graduates in 1998, named a Texas A&M Distinguished Alumni in 2014, and named to the Corps of Cadet’s Hall of Honor in 2016. An endowed chair was also created to honor him in 2012 by many of his former students, the Stephen A. Holditch ’69 Department Head Chair in Petroleum Engineering, which is currently held by Jeff Spath.
Holditch held various leadership positions in SPE, including vice president–finance, member of the Board of Directors from 1998-2003, and SPE president in 2002. He received numerous awards in recognition of his technical achievements and leadership. In 1995 he was elected to the National Academy of Engineering at the age of 49, and in 1997 he was inducted into the Russian Academy of Natural Sciences. He was elected as an SPE and AIME Honorary Member in 2006. He received some of SPE’s highest technical awards, including the Lester C. Uren Award, John Franklin Carll Award, and Anthony F. Lucas Medal. He published over 150 technical papers.
From 1999-2003, Holditch was a Schlumberger Fellow where he was a Production and Reservoir Engineering advisor to the top managers within Schlumberger. Holditch was President of S. A. Holditch & Associates, Inc. from 1977-99, a full service petroleum engineering consulting firm. His firm provided petroleum engineering technology involving the analysis of low permeability gas reservoirs and the design of hydraulic fracture treatments for various industrial and government clients. Holditch also has been a production engineer at Shell Oil Company in charge of workover design and well completions
Holditch received his B.S. in 1969, a M.S. in 1970 and Ph.D. in 1975 all in Petroleum Engineering from Texas A&M University.
Chapter 11: Development Economics
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Published:2020
John Yilin Wang, Stephen A. Holditch, "Development Economics", Tight Gas Reservoirs, Stephen A. Holditch, John Spivey, John Y. Wang
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The first step in developing a tight gas reservoir play is to evaluate the volume of gas-in-place and potential gas recovery, as discussed in Part 1: Unconventional Gas Resources of this book series. The next phase of work involves a thorough engineering and geologic study to determine the reservoir properties of the tight gas sand reservoir, which is covered here in Part 2: Tight Gas Sands Engineering. When the reservoir properties are understood to the extent allowed by the available data, the next step is to conduct a detailed and comprehensive economic analysis to justify the proposed development. In addition, planning must be optimized before capital can be approved and allocated for a tight gas development project. Because tight gas projects (like many projects) are usually marginal economic projects and these projects must compete with other projects within a company for funding, it is critical that one clearly understands the income, expenses, and potential profitability of the development.
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