Sentences with phrase «shale oil activity»
But the robust recovery of the US shale oil activity, which is expected to continue in October, will limit price gains in the future.
https://knoema.com/ Not exact matches
«According to the most recent assessment, the steady oil price recovery since summer 2017 and renewed interest in growth opportunities has led to oil majors catching up in terms of exploration activity this year, both in the shale industry and offshore deep water,» OPEC said.
Specifically, lower oil prices have resulted in marginally less activity at some of the domestic shale oil fields.
The Energy Information Administration (EIA) released another EIA Drilling Activity report that raised its estimates for shale oil production without considering the realities on the ground.
Biologist Sonja Wedmann, then at the Institute of Paleontology at the University of Bonn, analyzed the fossil after it was dug up from oil shale deposits in what was once a small lake formed by volcanic activity.
Because there are still many unanswered questions about the technology, water use, and impacts of potential commercial - scale oil shale development, we're proposing a prudent and orderly approach that could facilitate significant improvements to technology needed for commercial - scale activity,» BLM director Bob Abbey said in a prepared statement.
Global oil discoveries and new projects fell to historic lows in 2016 US shale oil production has become a fundamental factor in balancing low activity in the conventional oil industry 27 April 2017
and «Despite this long history of drilling and production history there has been little activity in Ontario targeted at shale oil and gas drilling and production.»
Take ConocoPhillips, which highlights its «emerging technologies and alternative energy sources» activities on its website — but fails to mention that in April 2012 it divested all of these activities to focus exclusively on its «core business» of exploring for and producing oil and natural gas, and specifically to take advantage of the North American «shale revolution» and tar sands production in Canada.