Shale gas, which is often found with shale oil but is also produced on its own, is natural gas similarly trapped in tiny pockets diffused through the rock formation. Because the oil and gas are ...
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
Consider, for example, the Eagle Ford shale, the new field that is being ... The process has been illustrated at the oil and gas geology website where I got this illustration: As a rough rule ...
Dean Winchester, head of the U.S. Geological Survey, reported that Colorado contained ... Colorado and 86,584 acres across the border in Utah for designation as Naval Oil Shale Reserves. (These sites ...
Geological depletion rather than market dynamics ... However, the reality could be worse: According to data by the EIA, shale crude oil production peaked in November 2023, and has declined about ...
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.
As President Trump is set to take office over the next four years with promises of expanded oil drilling and lower energy ...
Disciplined crude giants have replaced the unruly band of frackers who led the country’s shale boom.
A telltale sign of shale’s ripening ... President Biden. Though oil prices remain high enough for many producers to make a profit, drillers are running into geologic limits that will constrain ...