Repsol claims to have discovered the rich shale deposits. Vaca Muerta holds at least 23 billion barrels of oil equivalent, according to a report by independent auditor Ryder Scott released in ...
However, as the easily accessible oil reservoirs have become more scarce, energy companies have focused increasing attention on these “unconventional” deposits. Shale gas, which is often found with ...
We would like to thank: Caption: The Piceance Creek flows through ranchlands, past oil and gas operations, and over the richest oil shale deposits in the world on its way to join the Colorado River.
Dan Eberhart is CEO of Canary, LLC. Don’t bet against America’s shale producers. Every oil market analyst should know this by now, but many still can’t resist calling an end to the shale boom.
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 ...
The driver of this is Vaca Muerta, one of the world’s biggest shale deposits. In development for only a decade, it is already producing 50% of the country’s 140 million cu m/d of gas, most of ...
However, that blistering expansion also chewed up large portions of the most easily recoverable reserves in major U.S. shale deposits, and means the cost of extracting the remaining reserves will ...