Sentences with phrase «shale plays before»

Since 2008, he's called practically every major shale play before the mainstream press got wind of them — including the now - famous Bakken oil formation and the companies that have raked in billions in profits for their shareholders.

Not exact matches

This means that new oil supply can come back on stream profitably — especially in US shale plays — at lower prices than before, perhaps putting a lid on further price increases.

And from what is now known about all the major US plays (excepting the Moneterey shale, where because of folding and faulting no one has yet figured out how to successfully use the technology), EIA has simply figured out how many more wells could be drilled before all the known pay is fully drilled.