Learn the essential differences between oil shale and shale oil, and discover which remains a profitable investment opportunity today.
The EIA has added the Avalon, Barnett, Dean and Woodford to its estimates by formation of Permian tight oil and shale natural gas production ...
As defined by the U.S. Geological Survey (USGS), heavy oil is a type of crude oil characterized by an asphaltic, dense, viscous nature (similar to molasses), and its asphaltene (very large molecules ...
Chantell Dunbar-Jones remembers when her hometown of Lewisville, Arkansas, seemed to have oil wells on every corner. The small town, located in the southwestern part of the state, sits atop the ...
A new government study released today estimates that the amount of recoverable oil in the Bakken Formation in North Dakota, South Dakota and Montana (see map above) – at 7.4 billion barrels – is more ...
Tight gas reservoirs are characterized by narrow pores and throats, abundant clay minerals, and developed fractures. These lead to severe formation damage during drilling, negatively affecting ...
Exploration and production companies should target traps above Potwar basin’s Lockhart formation to increase oil and gas production. Source-rock sedimentology for Potwar basin, host to most of ...
China National Petroleum Co (CNPC) said on Wednesday it plans for new shale oil production from formations within the area of the existing Daqing oilfield that will help replenish that site's ...