Sentences with phrase «oil deposits discovered»

Professional diver Peter (Hennie) becomes dangerously obsessed with reaching the bottom of the sea to retrieve the gas and oil deposits discovered there and slowly begins to lose his grip on the larger power struggles at play.

Not exact matches

After eliciting an admission from the agent that Mammoth believed it had discovered a substantial shale oil deposit suitable for fracking, Farmer drove a hard bargain for the drilling rights.
It's there, in the Wolfcamp formation of the Permian, that the United States Geological Survey (USGS) recently discovered 20 billion barrels of «technically recoverable» oil, the largest deposit ever to be found in the U.S. Bloomberg reports that the deposit is worth an estimated $ 900 billion at today's prices.
In the early 1870s, the Osage had been driven from their lands in Kansas onto a rocky, presumably worthless reservation in northeastern Oklahoma, only to discover, decades later, that this land was sitting above some of the largest oil deposits in the United States.
The annual increments for the past few decades have been slightly larger for oil than for coal, but coal use has accelerated in the past few years, and in the long run coal will be the greatest source because of its larger reserves (discovered deposits) and estimated resources (deposits still to be discovered).
Now that most oil is produced off shore and other hostile environments, or from tar sands or from newly - discovered deposits at depths of up to 35,000 feet below the surface, the EROEI of oil production is now rarely as high as 20:1, and for new oil fields much less.
Since then, Israel has discovered more and bigger gas deposits, reportedly worth hundreds of billions of dollars and capable of supplying the country's energy needs for decades (instead of far dirtier fuel oil and coal).
Page 268, Section 4.3.1.4 Unconventional oil, paragraph 4: Replace the last sentence of the paragraph with «The known global tar sand deposits represent at least 375 Gt of stored carbon and will probably be added to as more are discovered.
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