Ciba even acquired its own
shale oil deposits in the Alps as a new feedstock.
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.
The Bakken is
a shale oil deposit underlying parts of North Dakota and Montana in the United States, and Saskatchewan and Manitoba in Canada.
Not exact matches
The Obama administration is still reviewing a series of ambitious leasing plans drafted under former President George W. Bush that would have cleared the way to tap into the Green River basin, an area that crosses Utah, Colorado and Wyoming and is the home of America's largest oilsand and
oil shale deposits.
His travels took him on a whirlwind sojourn, from the massive
shale gas
deposit in the Marcellus Formation to Alberta's remote
oil sands region, helping his readers build life - changing wealth every step of the way.
Many local towns and cities have expressed opposition to the project, citing the local dangers of pipeline leaks and wider implications of fracking (the
oil bound for the Pilgrim Pipeline originates from the Bakken
shale in North Dakota, the same
deposits that have increased the volume of
oil carried by trains and barges through the Hudson Valley to New Jersey refineries).
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.
«Ash from dinosaur - era volcanoes linked with
shale oil, gas:
Shale oil, gas
deposits accompany ash layers from thousands of volcanic eruptions.»
Lee said
shale gas and tight
oil deposits are not found in the ash layers but appear to be associated with them.
(Already, with the surge of drilling for abundant
oil and gas in
shale deposits, there's much talk of whether we can sustain research and investment in non-fossil energy options.)
Second, several years ago, I heard that teams of Chinese engineers were spending months in Oklahoma to learn about hydraulic fracturing, or fracking, as a method for liberating gas and
oil from previously untappable
shale deposits.
Here's an excerpt in which Maugeri explains why he sees a decent chance that the United States will become second only to Saudi Arabia in
oil production by 2020 (abundant
deposits of
shale oil are only one):
I haven't yet sorted out the peer reviewed literature on that, so I don't want to quote any numbers, but
shale oil is another of those unconventional petroleum
deposits that need to stay in the ground if we are to avoid hitting a trillion tonnes.
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.
In discussing
oil shale, Mr. Bush made a fresh effort to get Democrats in Congress to consider unlocking the vast
deposits of the Green River Basin, saying the cost of production is low enough to make such supplies competitive at current prices.
The dramatic rise in
shale - gas extraction and the tight -
oil revolution (mostly crude
oil that is found in
shale deposits) happened in the United States and Canada because open access, sound government policy, stable property rights and the incentive offered by market pricing unleashed the skills of good engineers.
In 2015, the legislature passed a moratorium intended to delay fracking while the state's Department of Natural Resources studied whether fracking — a method of
oil and gas production that uses large amounts of chemical - and sand - laced water to break up
shale gas below ground, releasing
deposits of fossil fuels.
Some of the biggest fossil fuel
deposits in North America lie to our East: Powder River Basin coal, Bakken
shale oil, and Alberta Tar Sands.
There could be as much as 2,600 trillion cubic feet (tcf) of natural gas available domestically.63 The U.S. currently uses approximately 22 tcf per year.64 If the
shale deposits meet their potential, these finds will certainly help accelerate the retirement of coal power plants and reduce our dependence on foreign
oil and our foreign exchange imbalance.
Outside the realm of conventional
oil, the tar sands of Alberta and the
oil shale of the Western U.S. exist in huge
deposits, the exploitation of which is currently costly and accompanied by major environmental difficulties, but both definitely hold promise for a substantial increases in
oil supply.
Developing America's vast domestic
oil, natural gas, coal and
shale gas
deposits will generate millions of jobs and hundreds of billions of dollars in critically needed royalty and tax revenue.
So if the United States is buying the dirtiest stuff, it also surely will be going after
oil in the deepest ocean, the Arctic, and
shale deposits; and harvesting coal via mountaintop removal and long — wall mining.
Better yet would be to debate an energy policy for the USA, including opening up exploratory
oil and gas drilling including
shale deposits, limiting the exponential growth of regulations currently stifling new exploration, ending the EPA regulatory war on coal, reactivating the Keystone pipeline, etc.; these issues have direct impact on American jobs and future energy independence, both of which are more important issues for US voters (and presidential candidates) than any «climate» debate.
The quote from Mitt Romney's (allegedly «ghostwritten») book points to the conclusion that the USA should do more
oil and gas exploration («drill, baby, drill») including
shale deposits, to get more «energy independent» (combined, of course, with supporting basic research for new energy technologies).
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.
It could liquefy the vast
deposits of coal,
oil shale and tar sands that were readily available in North America.
Amends the Mineral Leasing Act to modify leasing guidelines for: (1) lands within special tar sand areas; (2)
oil shale deposits and expanded lease acreage; and (3) lease exclusion from any chargeability limitation associated with
oil and gas leases.
The recent rapid expansions of
shale oil and gas production from the widespread
shale deposits in many parts of the US at current price levels using new but proven technology shows that the peak
oil hypothesis is false and Obama was wrong.
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.
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.
So if the United States is buying the dirtiest stuff, it also surely will be going after
oil in the deepest ocean, the Arctic, and
shale deposits; and harvesting coal via mountaintop removal and long - wall mining.
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.
Reuters also reports that, separately, a DoI spokesperson indicated that plans to further develop
oil shale deposits in the several Rocky Mountain states are also continuing.
Everyone gives the nod for the resurgence in
oil and gas law to the extraordinary natural gas
deposits found in
shale formations from Texas to Pennsylvania.