Shales are complex porous materials, normally consisting of percolatin
g and interpenetrating fluid and solid phases. The solid phase is gene
rally comprised of several mineral components and forms an intricate a
nd anisotropic microstructure. The shape, orientation, and connection
of the two phases control the anisotropic elastic properties of the co
mposite solid. We develop a theoretical framework that allows us to pr
edict the effective elastic properties of shales. Its usefulness is de
monstrated with numerical modeling and by comparison with established
ultrasonic laboratory experiments. The theory is based on a combinatio
n of anisotropic formulations of the self-consistent (SCA) and differe
ntial effective-medium (DEM) approximations. This combination guarante
es that both the fluid and solid phases percolate at all porosities. O
ur modeling of the elastic properties of shales proceeds in four steps
. First, we consider the case of an aligned biconnected clay-fluid com
posite composed of ellipsoidal inclusions. Anisotropic elastic constan
ts are estimated for a clay-fluid composite as a function of the fluid
-filled porosity and the aspect ratio of the inclusions. Second, a new
processing technique is developed to estimate the distribution of cla
y platelet orientations from digitized scanning electron microphotogra
phs (SEM). Third, the derived clay platelet distribution is employed t
o estimate the effective elastic parameters of a solid comprising clay
-fluid composites oriented at different angles. Finally, silt minerals
are included in the calculations as isolated spherical inclusions.