Sentences with phrase «develop unconventional resources»

Recently advised an oil and gas shale operator in the successful negotiation of the first post-reform comprehensive services contract with Pemex to develop unconventional resources in northern Mexico.

«The increased exploration and development spend we're seeing in this year's study speaks to the incredible opportunity unfolding in tight oil from shale formations and the high cost of developing these unconventional resources.»

Not exact matches

Increase existing domestic onshore oil and natural gas liquids (NGLs) production of approximately 8 million barrels a day by 3 - 4 million barrels a day through the acceleration of horizontal drilling and hydraulic fracturing to develop the enormous unconventional oil and NGL resources that underlie many parts of our country;

An innovative oil - upgrading technology that can increase the economics of unconventional petroleum resources has been developed under a US Department of Energy - funded project.

§ 15927 («[I] t is the policy of the United States that... United States oil shale, tar sands, and other unconventional fuels are strategically important domestic resources that should be developed to reduce the growing dependence of the United States on politically and economically unstable sources of foreign oil imports -LSB-.]»)

In addition to proved developed reserves, there are three categories of potential oil reserves: (i) recovery growth from known fields, (ii) future discoveries, and (iii) unconventional resources.

Unconventional gas resources tend to be developed only when conventional resources are inadequate to meet gas demand.

Although the geological potential for unconventional resources appears to be substantial in Eurasia, the Middle East and North Africa, such resources are unlikely to be developed in the early twenty - first century, simply because conventional potential is so great relative to current and projected production that unconventional gas resource development is unnecessary.

It has also led them to explore for and develop more carbon intensive unconventional fossil resources such as tight oil, with associated increases in emissions from flaring; thermal enhanced oil recovery, with increased emissions associated with producing steam, and oil sands, with increased emissions associated with extraction, upgrading and refining (Brandt et al. 2010).