Sentences with phrase «shale oil field»

The proposal is the latest in a series of planned pipelines and expansion projects as a flood of crude from the oil sands and the Bakken shale oil field stretches existing networks.

«You're starting to see rig counts go down in the U.S.; you're seeing capital expenditure budgets slashed in the oilsands and the shale oil fields in the U.S..

Specifically, lower oil prices have resulted in marginally less activity at some of the domestic shale oil fields.

Another is Harold Hamm, owner of Continental Resources, who opened up the Bakken shale oil fields and supports Republicans.

An Accident Waiting to Happen» Huge amounts of oil are being transported by rail from the shale oil fields.

Not exact matches

The firm had taken a bearish view on Exxon due to challenges in its European natural gas operations, «lackluster» growth in oil and gas production, a pricey acquisition in U.S. shale fields and the lack of share buybacks.

Protesters have been buoyed by the recent success of Native American groups and environmentalists in their campaign against construction of the 1,100 - mile (1,770 - km) Dakota Access pipeline, a project spearheaded by Energy Transfer Partners (etp) that would carry oil from North Dakota's Bakken shale fields into Texas.

Refiners in the U.S. Midwest, Ontario, Alberta, B. and Washington get their raw material from the Western Sedimentary Basin, production from which is growing thanks to the Alberta oilsands, the Bakken field in Saskatchewan and North Dakota and oil shales in the Rocky Mountain states.

The sale would come as the offshore sector continues to struggle with low oil prices, and oil exploration and production companies focus investments on lower cost shale fields onshore, particularly the Permian Basin in West Texas.

China is becoming a key market for global oil exporters as surging output from shale fields from Texas to North Dakota allows the U.S., the biggest crude consumer, to rely less on overseas supplies.

Last month, Oslo - based Rystad Energy shared a report that shows the U.S. as now having the world's largest reserve of recoverable oil, with 264 billion barrels in existing fields, unconventional shale and as - yet undiscovered areas.

Advances in horizontal drilling and hydraulic fracturing over the past 20 years led to a U.S. energy boom in «unconventionals,» a category that includes the shale gas and «tight» oil found in shale fields like the Cretaceous Eagle Ford and Mowry and older ones like the Barnett and Bakken.

One portion of the giant field, known as the Wolfcamp formation, was found to hold 20 billion barrels of oil trapped in four layers of shale beneath the desert in West Texas, the U.S. Geological Survey said in a report on Tuesday.

After becoming CEO in 2006, Tillerson led Exxon through more than a decade of ups and downs that included the late Hugo Chavez's seizure of Venezuelan oil fields, annual profits that set U.S. corporate records, and a 2010 shale acquisition that turned into a $ 35 billion wrong - way bet on natural gas.

But ultimately oil fields decline, and we're going to need all sources of supply, including the shales, but also deepwater and other sources around the world».

While the market benchmark remains West Texas Intermediate crude delivered in Cushing, Oklahoma, there has been a surge in trading of futures contracts tracking the price differences between WTI and oil sold in Gulf Coast ports like Houston and the Permian shale fields near Midland, Texas.

But in early March figures revealed that a resurgence in production in US shale fields had increased US crude inventories to record levels, which pushed a leading benchmark for oil prices below US$ 50 per barrel for the first time this year.

While we believe that current energy market fundamentals justify an oil price of $ 50 or above, we also note that productivity gains in US shale fields have increased the elasticity of supply from these critical swing producers, a factor that could cap any significant price appreciation.

In North America's most active shale fields, the drilling and hydraulic fracturing of new wells is directly placing older adjacent wells at risk of suffering a premature decline in oil and gas production.

Nutrient - rich ash from an enormous flare - up of volcanic eruptions toward the end of the dinosaurs» reign kicked off a chain of events that led to the formation of shale gas and oil fields from Texas to Montana.

Of the 800,000 b / d increase in actual field production of crude oil, almost all of the gain has come from shale and other tight formations that horizontal fracturing methods have only recently opened up.

Schwietzke said it's also important to account for the emissions from all the fossil fuels that are produced in a given shale gas field because many wells produce oil, natural gas and other hydrocarbons.

In case you missed it, the oil was being carried from America's new oil patch, the Bakken shale fields of North Dakota, to a St. John, New Brunswick, refinery that, according to the owner, Irving Energy, sends more than half of its 300,000 daily barrels of petroleum products back across the border to the northeastern United States.

Despite our talk, the reality is that we and others are searching everywhere for more oil — from new oil fields, tar sands, oil shales, or anywhere else they may be hiding.

On Twitter, Jeff Tollefson, a reporter for Nature who's written on pollution from America's shale boom, pointed to the Bakken oil fields as illustrating why tighter rules for existing industry facilities is vital:

We should invest in the technology that can help us recover more from existing oil fields, and speed up the process of recovering oil and gas resources in shale formations in Montana and North Dakota; Texas and Arkansas and in parts of the West and Central Gulf of Mexico.

Hydraulic Fracturing of Oil Gas Wells Drilled in Shale Hydraulic fracturing and horizontal drilling have turned unproductive shales into the largest natural gas fields in the World.

PA, your scenario for a 600 ppm cap involves leaving significant amounts of known coal resources in the ground, not developing Arctic oil or exploring for any other new oil fields, including shale oil, and not developing methyl clathrates as a methane source.

BloombergBusiness — The U.S. has taken Russia's crown as the biggest oil and natural - gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America's shale fields.

Tar sands producers lost $ 30.9 billion from 2010 through 2013 due to transportation bottlenecks and the flood of crude coming from shale - oil fields.

Oil and Gas Investor: The technology that fueled the U.S. shale revolution could breathe new life into old oil fields outside of North AmeriOil and Gas Investor: The technology that fueled the U.S. shale revolution could breathe new life into old oil fields outside of North Amerioil fields outside of North America.

Kevin Bullis, MIT Technology Review's senior editor for energy, has a piece noting that the most significant advances in the energy field the past year resulted from surging natural gas and oil production from shale via hydraulic fracturing — an impact Bullis says is unlikely to be unsurpassed by other energy sectors in the near future:

The North America oil industry is experiencing explosive growth, with transport of volatile crude oil on rail from Bakken shale fields of Montana and North Dakota increasing more than 2000 percent in just four recent years.

The problem is not only about the cheap oil and gas made possible by fracking in America's shale fields, and particularly in Texas.

New harassment and discrimination rules will come into effect this fall for lawyers in California [Big Law Business] US oil giant ConocoPhillips is set to sell its North Sea fields as it looks to concentrate its efforts on the shale opportunities available in its domestic market [Reuters] Is it the end for Barnes & Noble as Amazon triumphs?

Close to Canada, North Dakota has a booming economy due to the Bakken oil shale fields located in the western half of the state.