This controversial process involves
extracting shale oil by blasting pressurized water, chemicals and sand to break up underground formations.
Other impacts of tight oil include potentially significant water, air, and noise pollution around drilling sites, and the risk of oil spills by the trucks, trains, and pipes that transport
extracted shale oil to refineries.
Not exact matches
The boom in unconventional fuels — such as bitumen
extracted from Alberta's tar sands and
oil extracted from North Dakota's Bakken
shale formation by hydraulic fracturing («fracking»)-- has swelled global reserves even as climate scientists issue ever - sterner warnings that burning more than a small fraction of these reserves would be suicidal.
Despite the international
shale oil boom
extracting natural gas with hydrofracking technologies, which most electric utilities, including the local ones, supply to customers as a major part of their power supply, the shift away from petroleum dependency has made remarkable progress in recent years through strategic incentives like the one which prompted this vote in Olive.
Energy companies used nearly 250 billion gallons of water to
extract unconventional
shale gas and
oil from hydraulically fractured wells in the United States between 2005 and 2014, a new Duke University study finds.
Ken Cronin, chief executive of the UK Onshore Operators Group which represents the onshore
oil and gas industry, also welcomed the report, saying he hoped its findings would «reassure communities up and down the country that
shale gas can be
extracted with minimal risk to their wellbeing».
The alternative pathway, which the world seems to be on now, is continued extraction of all fossil fuels, including development of unconventional fossil fuels such as tar sands, tar
shale, hydrofracking to
extract oil and gas, and exploitation of methane hydrates.
Hydraulic fracturing, a technique for
extracting oil and gas from
shale rock, often takes place a mile or more below groundwater supplies.
This reluctance is widely believed to be Saudi Arabia's way to squeeze U.S. producers
extracting high cost
shale oil as well as Canada's
oil sands companies.
In the United States, some equally not - so - eco-friendly technologies have been developed to
extract oil from
shale in Colorado.
The Department also points out that, due to the higher energy requirements of
extracting the
oil,
shale oil produces less energy than conventional
oil, coal or wood.
They said it was «very likely» that several thousand weak to moderate earthquakes in recent years were triggered by deep - earth injection of water
extracted from the ground as thousands of wells have been drilled into
shale oil and gas deposits.
For many years, the high cost of
extracting oil from
shale exceeded the benefit.
But the four prongs of the speech were not about using less fuel, but boosting supplies: drilling offshore,
extracting oil from
shale, drilling on the coast of the Arctic National Wildlife Refuge, and adding refineries.
We don't
extract oil from
shale because it contains none (
oil).
Estimates of the amount of
oil they contain vary hugely, but Navigant, a consultancy, reckons that North America could produce anything from 26.9 - 53.5 trillion cubic metres of
shale gas alone, enough to satisfy the world's total current demand for gas for up to 15 years, though at today's prices not all of it would yet be worth
extracting.
Also known as «
shale oil,» tight
oil is processed into gasoline, diesel, and jet fuels — just like conventional
oil — but is
extracted using hydraulic fracturing, or «fracking.»
Relative to conventional sources,
shale oil typically produces more pollution to
extract, though the extent depends on whether or not the operators avoid wasteful and unnecessary emissions.
Found in limestone and
shale deposits, tight
oil isn't
extracted from wells like conventional
oil, but is removed with hydraulic fracturing, or «fracking» — a process that also releases methane, a potent greenhouse gas.
Since recent events have demonstrated the relative environmental soundness of hydraulic fracturing — a technique for
extracting oil and gas from
shale formations — Promised Land's script has been altered to make doom - saying environmentalists the tools of
oil companies attempting to discredit legitimate «fracking» concerns.
And while
oil is getting expensive to
extract, there are a lot of BTUs out there in gas, coal, tar, and
oil shales that probably can be
extracted at no greater cost than petroleum today.
The alternative pathway, which the world seems to be on now, is continued extraction of all fossil fuels, including development of unconventional fossil fuels such as tar sands, tar
shale, hydrofracking to
extract oil and gas, and exploitation of methane hydrates.
The roasting process generally involves burning
oil that has previously been
extracted from the
shale, so
shale oil results in a very large net level of carbon dioxide release to the atmosphere.
The recent low prices for natural gas and
oil appear likely to continue for at least decades and possibly even longer due to the new technology for
extracting natural gas and
oil from
shale rock.
The latest example of how wrong the Malthusian - influenced doubters have been is provided by fracking, horizontal drilling, and associated technology applied particularly to
extracting oil and natural gas from
shale formations.
Shale oil is
oil that can be
extracted from
shale by mining a
shale that is saturated with
oil and roasting it at about 500 degrees Celsius to
extract the
oil.
Between 1978 and 2000, the federal government spent about $ 1.5 billion on
oil and gas production research, much of it on
extracting fuel from
shale, according to a 2001 report by the National Academy of Sciences.
Chevron and other giant energy companies are demanding a TTIP investment chapter that will allow them to sue governments if environmental or other regulations interfere with their expected future profits by, for example, restricting
oil and gas drilling, imposing pollution and
oil spill controls or constraining the use of hydraulic fracking techniques to
extract natural gas and
oil from
shale formations.
But for potential foreign purchasers of that
oil, the key question is how much extra it will cost to
extract the dirty compounds in Alberta bitumen so that its quality matches export
oil being produced at high - grade, low - cost US
shale formations like the Bakken, Permian, and Eagle Ford.
French lawmakers opened debate on Tuesday on proposals to ban a method for
extracting oil and gas deposits from
shale because of environmental concerns, throwing up the first serious stumbling block to firms that want to use the practice.
and George Bush, perhaps with an eye towards the fuel riots going on around the world, jumps and proposes the new Four Horsemen of the Apocalypse: 1) drilling offshore, 2) drilling in the Arctic National Wildlife Refuge, 3) adding refineries, and 4)
extracting oil from
shale, which makes the Alberta Tar Sands look environmentally benign.
Fracking, or Fracing as the
oil and gas industry ungrammatically spells it, is short for hydraulic fracturing, and the technology is now being used extensively to
extract shale gas, by pumping liquids at high pressure into the rock, creating and expanding fissures.
This sounds similar to what's being worked on in Alberta, except Shells»
Shale plan is to generate scads of electricity, use that energy to pump a chilled refrigerant around and over buried tar
shale deposits - this is to freeze the groundwater enough to encapsulate a 2000 - foot deep segment of
shale - followed by pumping out the groundwater inside the frozen periphery and inserting giant electrodes into the isolated
shale body to heat the now - dried interior to 700 degrees Fahrenheit for a period of three years, before
extracting the
oil liberated by the interior heat.
Now we are at the point that all the unconventional reserves, such as tar sands and
shale oil, immediately start at the 40 % level, since we have to use a lot of energy to even begin to
extract the underlying
oil efficiently.
Furthermore, chemicals used in hydraulic fracturing, which involves cracking
shale rock deep underground to
extract oil and gas, can contaminate groundwater resources [137,138,139].
Consider that we start to use lower - grades of
oil and other fossil fuels that require greater investment in energy to
extract and process the fuel (for example, tar sands and
oil shale).
Certain alternative energy «sources» may actually have EROEI ratios of less than one, such as many methods of industrially producing biodiesel and ethanol, or
extracting oil from
shale.
To my knowledge +1000 ppm is achievable if we're driven to
extract the currently uneconomically viable hydrocarbon deposits such as tar sands and
shale oil.
More on the benefits of
shale gas as touted by fracking companies being overstated: According to new independent analysis, published in The
Oil Drum, of extent of the US»
shale gas reserves and the economics of
extracting those finds that «industry
While U.S.
oil production is down from last year's highs and bankruptcies are up, the industry has become more efficient and the cost of
extracting oil from
shale is continuing to come down — resulting in the sixth straight week of an increased rig count and the 15th without a decrease.