Speaking at CERAWeek in Houston, the Continental Resources founder warned that with oil hovering near $65 a barrel, many U.S.
The object of their attention is oil shale, a rock so rich in an oil-like substance that certain pieces will ignite when held up to a flame. Piceance Creek runs through lands that are part of the ...
And the Eagle Ford shale is a fairly good example of this. If we use the EIA map of the play you can see that in the North, where the reservoir is about 6,000 ft deep the hydrocarbon is oil ...
Sinopec Corp said on Monday the Chinese government has certified about 180 million metric tons, or about 1.3 billion barrels, ...
President-elect Donald Trump wants U.S. oil producers to rekindle their once-frenzied drilling, but the country’s shale patch has changed since his first administration. Wildcatters are mostly ...
(This guest post previously appeared at The Oil Drum, and is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.) Shale gas plays in the United States are ...
Fracking-the high-pressure injection of water, chemicals and sand into shale deposits to release the gas and oil trapped within the rock-in recent years has been combined with horizontal drilling ...
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