Sentences with phrase «productive oil extraction»
For starters, global oil production appears more closely in line with demand following a prolonged search for a new equilibrium amid a breakdown in the Organization of Petroleum Exporting Countries (OPEC) cartel and increasingly productive oil extraction technologies in North America.
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The Eagle Ford Shale in East Texas is one of the largest available sedimentary rock formation in the U.S. and one of the most productive regions in the country for oil and gas extraction companies.