Sentences with phrase «shale oil reserves»

Estimates of the oil contained in the Monterey Shale place it at 15.4 billion barrels of oil, of 64 % of US shale oil reserves.

In California, oil companies are pressing for further exploration of the massive Monterey Shale, a 1,750 - square - mile area extending from the agricultural Central Valley to the Pacific Ocean that federal energy officials say could ultimately comprise two - thirds of the nation's shale oil reserves.

Not exact matches

In the event of an oil spike, it's got proximity to amazing shale reserves.

Global shale resources are vast enough to cover more than a decade of oil consumption, according to the first - ever U.S. assessment of reserves from Russia to Argentina.

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.

Every year, moreover, producers add to global reserves, whether through unlocking natural gas shale formations, oil sands bitumen plays, or drilling deep into the ocean floor.

Britain is estimated to have substantial amounts of shale gas trapped in underground rocks and the national government has supported developing these reserves to counter declining North Sea oil and gas output.

It will completely blow up the oil reserves shale players are claiming to have and destroy their asset values.

The boom in unconventional fuels — such as bitumen extracted from Alberta's tar sands and oil extracted from North Dakota's Bakken shale formation by hydraulic fracturing («fracking»)-- has swelled global reserves even as climate scientists issue ever - sterner warnings that burning more than a small fraction of these reserves would be suicidal.

shale oil may be a bubble but countries like Libya Iraq Iran produce nothing compared to their potential / production capacity + there is always offshore exploration recently Morocco seems to be in the spot light not to mention the arctic sea / north pole especially Russia where a new Koweit is to be found and also south China sea Venezuela's tight oil if all the types of oil are included venezuela must be a heaven with a quarter of global oil reserves with +300 billion barrels more than 260 bbls of Saudi Arabia that can still produce more than 10/11 million barrel / day that it's procucing today.

But the compounds used to crack shale formations to release their gas and oil reserves are under increasing scrutiny.

The numbers aren't perfect — they don't fully reflect the recent surge in unconventional energy sources like shale gas, and they don't accurately reflect coal reserves, which are subject to less stringent reporting requirements than oil and gas.

If our government were truly interested in reducing oil consumption and CO2, why is it that the Bureau of Land Managment is currently behind efforts to support oil shale R&D and that it is considered a resource that can be relied upon when conventional oil reserves are depleted?

Thanks to vast domestic shale reserves and safe hydraulic fracturing, the U.S. is the world's leading producer of oil and natural gas — which by far has had the most to do with reducing U.S. net crude imports.

The United States is the world's leading oil and natural gas producer, thanks to vast shale energy reserves safely unlocked by advanced hydraulic fracturing and horizontal drilling.

Industry innovators took a process used for more than 60 years, modernized it and married it with it with advanced horizontal drilling to safely unleash previously inaccessible oil and natural gas reserves from shale and other tight - rock formations.

China, too, has decided to tap into the shale revolution — in a deal with the U.S. announced this week, it will be exploiting what some estimate to be the world's biggest shale gas reserves, equivalent in energy content to about half the oil in Saudi Arabia.

Hydraulic fracturing is modern technology, safely and responsibly developing vast reserves of oil and natural gas from shale and other tight - rock formations.

Total fossil fuel is close to a million EJ or about 500 years of the long - run thermal energy requirement in the high - growth scenario (at 60 TW (thermal) by 2100), but not including clathrates and oil shale, that is reduced to about 50 years of reserves at the 2100 rate (i.e. we're not even going to make it to 2100).

We must take advantage of the estimated $ 50 trillion in untapped shale, oil, and natural gas reserves, especially those on federal lands that the American people own.

Hydraulic fracturing is a modern technology, safely and responsibly developing vast reserves of oil and natural gas from shale and other tight - rock formations.

On this page... Coal gasification Coal liquefaction Coal - seam gas Factors in oil supply Links Oil reserve estimates by the USA Oil shale Peak oil Reduce your dependence on oil Related pages Self - sufficiency Tar sands Top Unconventional liquid fuel souroil supply Links Oil reserve estimates by the USA Oil shale Peak oil Reduce your dependence on oil Related pages Self - sufficiency Tar sands Top Unconventional liquid fuel sourOil reserve estimates by the USA Oil shale Peak oil Reduce your dependence on oil Related pages Self - sufficiency Tar sands Top Unconventional liquid fuel sourOil shale Peak oil Reduce your dependence on oil Related pages Self - sufficiency Tar sands Top Unconventional liquid fuel souroil Reduce your dependence on oil Related pages Self - sufficiency Tar sands Top Unconventional liquid fuel souroil Related pages Self - sufficiency Tar sands Top Unconventional liquid fuel sources

As recoverable oil reserves dwindle, there will be increasing pressure to convert coal to liquid fuels as well as exploit unconventional fossil fuels like methane hydrates, tar sands, and oil shale.

This starts with a view that U.S. oil and natural gas abundance — thanks to plentiful shale reserves and hydraulic fracturing — is a national asset to be supported and expanded, its benefits distributed to all parts of the country via 21st century infrastructure.

The revolution is a shale energy / fracking revolution, carried along by the combination of modern hydraulic fracturing and advanced horizontal drilling that unlocked vast reserves of oil and natural gas in shale and other tight - rock formations.

The shift is the result of surging oil and natural gas production using advanced hydraulic fracturing and horizontal drilling, harnessing oil and gas reserves in shale and other tight - rock formations.

The mining industry has discovered that there are huge reserves of coal - seam gas and oil - shale that can be profitably exploited.

Tight oil plays, mostly from shale formations, accounted for 33 percent of all the crude oil and lease condensate proved reserves.

Tags fracking, horizontal drilling, hydraulic fracturing, natural gas, oil, Oil Shale, proved reserves, shoil, Oil Shale, proved reserves, shOil Shale, proved reserves, shale

The U.S. shale boom has allowed producers to unlock thousands of barrels of reserves, putting the United States on course to become the largest producer of oil globally, which would dramatically reduce its dependence on imports.

Over-hyped reserves of oil - bearing shale and OPEC's deliberate overproduction (to starve U.S. frackers) temporarily wiped the 2008 oil price spike from Americans» memory, and they'll be caught off guard when it returns.

``...... * FIFTH, I will lift the restrictions on the production of $ 50 trillion dollars» worth of job - producing American energy reserves, including shale, oil, natural gas and clean coal.

They refuse to see that the fracking of shale for oil and natural gas is not an actual increase in physical reserves.

Now we are at the point that all the unconventional reserves, such as tar sands and shale oil, immediately start at the 40 % level, since we have to use a lot of energy to even begin to extract the underlying oil efficiently.

You'd have to make an unrealistic assumption about extractable coal reserves (plus shale to oil, tar sands etc.) to believe that we don't have enough fossil fuels to really wreck the Earth's climate.

More on the benefits of shale gas as touted by fracking companies being overstated: According to new independent analysis, published in The Oil Drum, of extent of the US» shale gas reserves and the economics of extracting those finds that «industry

From First Nations and allies in British Columbia standing up to the Kinder Morgan tar sands pipeline to civil society and frontline communities in Argentina demanding a different development pathway to avoid the dangerous exploitation of massive shale oil and gas reserves, the resistance is global.

Thanks to vast shale energy reserves and safe, modern hydraulic fracturing and horizontal drilling, the United States has become the world's leading producer of oil and natural gas.