The Shale Revolution refers to the combination of hydraulic fracturing and horizontal drilling that enabled the United States to significantly increase its production of oil and natural gas, particularly from tight oil formations, which now account for 36 of total US crude oil production...
Oil Boom Gives the US a New Edge in Energy and Diplomacy
Jan 28, 2018 0183 32 But just as the surge in oil and gas production in shale fields during the Barack Obama administration had little to do with Washington, the current rise is the result of private companies ....
Oil The reported volumes of oil are higher than conventional non-shale oil wells Overall shale oil production from 1,869 wells represents approximately 85 of the total oil produced in 2017, and reported volumes likely include condensate volum Gas Reported gas ,...
Browse all active oil and gas companies across the United Stat Our directory contains producing operators, active oil / gas purchasers, and royalty acquisition compani...
May 31, 2019 0183 32 Preliminary production figures for April 2019 show an average daily production of 1,729,000 bbl of oil, NGL and condensate, which is a decrease of 24,000 bpd compared to March Oil ,...
The Drilling Productivity Report uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil and natural gas wells to provide estimated changes in oil and natural gas production for seven key regions...
Dec 27, 2018 0183 32 Since 2014, US shale oil has created a boom in domestic crude oil production Shale oil comprises more than a third of the onshore production of crude oil in the lower 48 stat It drove US oil output from 57 million barrels per day in 2011 to a record 116 million barrels a day in 2018...
Oil and Gas Reports The Department of Environmental Protection is committed to providing information in an accessible and user-friendly format In order to do so more effectively, the department has created interactive reports that allow the user to select specific criteria for the desired information...
Oil shale is a rock that contains significant amounts of organic material in the form of kerogen Up to 1/3 of the rock can be solid organic material Liquid and gaseous hydrocarbons can be extracted from the oil shale, but the rock must be heated and/or treated with solvents...
US shale oil production continues to grow at a record-breaking rate, as drillers in the Permian and Eagle Ford formations are trying to capitalize on higher oil prices...
Jun 03, 2019 0183 32 The latest market analysis report Permian Basin Shale in the US, 2019 - Oil and Gas Shale Market Analysis and Outlook to 2023 reveals that production of crude oil ,...
Some general information on oil shale The largest deposit of oil shale in the world is found in the Green River basin of Colorado, Utah, and Wyoming It contains the equivalent of about 15 trillion barrels of shale oil...
10 Biggest Shale Plays in the US Permian Western Texas With a natural gas production of 5 billion cubic feet per day and an oil production of 13 million barrels each day, Permian in western Texas is one of the larger shale plays in the United Stat...
The report points out that in 2018 the US shale oil industry spent 54 bn on tight oil plays, 70 of which served to offset field declines and 30 to increase production The US shale oil industry ....
Apr 24, 2015 0183 32 The US shale revolution , It has also struck a blow against the idea that world oil production is at or close to its ultimate peak US oil output peaked in ,...
America unseats Russia, Saudi Arabia as No 1 oil producer
Sep 12, 2018 0183 32 US oil production declined -- but not as dramatically as feared And when prices began to rebound in 2016, US shale companies were able to ,...
Jan 16, 2018 0183 32 Oil output from major US shale oil regions is poised to grow by 111,000 barrels a day in February, the Energy Information Administration sa...
US Shale Oil Production Set To Reach 10 Million B/D By ,
Sep 17, 2018 0183 32 US shale oil production could reach 10 million b/d by 2020 Permian, Eagle Ford, and Bakken will be the main growth drivers Well productivity in the big 3 continues to improve...
The Bakken shale s rise to prominence in the oil industry is nothing short of remarkable While the first oil discovery dates back to 1951, the oil was trapped within the tight shale rocks, which ....
US shale oil will dominate the market in coming years ,
Nov 07, 2017 0183 32 OPEC forecasts that US shale oil output will drive global growth through 2025, but the cartel s output will ramp up after tight oil production peaks...
How much shale tight oil is produced in the United States?
How much shale tight oil is produced in the United States? The US Energy Information Administration EIA estimates that in 2018, about 644 million barrels per day of crude oil were produced directly from tight oil resources in the United StatThis was equal to about 59 of total US crude oil production in 2018 1 Tight oil is oil embedded in low-permeable shale, sandstone, and ....
The Bakken Shale ranks as one of the largest oil developments in the US in the past 40 years The play has single-handedly driven North Dakota s oil production to levels four times higher than previous peaks in the 1980s As of June 2015, ND is second to Texas in terms of oil production and boasts the lowest unemployment rate in the country at 31...
ShaleOhio News and information on Ohio s shale, oil and ,
May 29, 2019 0183 32 The Utica/Point Pleasant and Marcellus shale plays are driving growth in US natural gas production, according to data from the EIA and reported by the Youngstown Business Journal National production was up 11 in 2018, marking the largest annual production increase on record for the second year in a row...
Production in these shale plays has helped displace some of the crude oil imports into the United Stat Additionally, it has provided jobs in the E P sector, which provide the infrastructure, equipment, and manpower for drilling projects Here we describe the seven major US shale plays and the oil companies that operate in each Figure 1 breaks...
Oil shale is a type of rock that can be burned for energy or fuel Like traditional petroleum, natural gas, and coal, oil shale and kerogen are fossil fuels Fossil fuels developed from the remains of algae, spores, plants, pollen, and a variety of other organisms that lived millions of years ago in ....
US shale oil will surge to nearly 7 million barrels a day ,
Mar 13, 2018 0183 32 The Permian Basin in Texas and New Mexico will see production jump by 80,000 barrels a day, according to EIA s outlook The basin remains the biggest driver of a recovery in US shale ,...
The process of extracting liquid crude oil from the ground is comparatively simple to extracting oil shale Pressure from gases trapped in the chamber where oil is present force the crude oil to the surface After this pressure is alleviated, the more difficult secondary and tertiary phases of oil ....
