Today, science can narrow down potential oil reserves with surprising accuracy — especially when it comes to shale oil, found ...
Incoming President Donald Trump and his team have suggested that by expanding drilling, oil production might rise by 3 million barrels/day (mb/d), bringing down prices and thus U.S. inflation. This is ...
Watford City, North Dakota, Oil production in the Bakken shale formation near the Missouri River. (Photo by: Jim West/UCG/Universal Images Group via Getty Images) eaking of shale oil production and ...
U.S. shale has provided that much-needed insulation against global price shocks that were previously inevitable when the Middle East caught geopolitical fire. U.S. shale has become the most important ...
IN THE DENSE hilly forests of northern Pennsylvania, Trapper Wyman steers his pick-up truck down a gravel path until he reaches a small clearing at the end. It is a modest industrial site, with a ...
VIENNA, May 30 (Reuters) - OPEC oil exporters on Thursday, set to leave output policy unchanged, were weighing the impact of rising supplies of U.S. shale oil that are redrawing the landscape of ...
Cyclic carbon dioxide injection, also known as "CO2 huff-n-puff," is a multi-phase process in which CO2 is pumped into a reservoir to enhance oil production from naturally occurring rock formations.
Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. At best, American drillers siphon away 15% to 10% of what’s potentially available; the ...
Canada’s oil sands are experiencing a comeback after years of living in the shadow of US shale. Crude output is climbing to new highs, the nation’s top producers are seeing their shares soar and ...
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