Sentences with phrase «shore oil deposits»
For example, we reduced our overweight in Energy in recent quarters and have pivoted away from domestic onshore drillers to global players that have exposure to off - shore oil deposits that have traditionally enjoyed higher margins than onshore producers during a full energy cycle.
https://www.heartlandadvisors.com/ Not exact matches
In Brazil, the immediate remedies for this very real need are seen in the massive number of unharnessed rivers of the Amazon basin and in oil deposits in the jungles of Western Amazônia (not to mention the vast deposits of deep - drilled oil located off - shore along the coast of Rio de Janeiro which is another story).
I wonder how much of that is on account of high oil prices (the US could bring them down by drilling in the Monterey county Shale deposit, which is estimated to have 3 years of oil for the US at current US oil consumption rates), ANWR, off - shore, etc..
Now that most oil is produced off shore and other hostile environments, or from tar sands or from newly - discovered deposits at depths of up to 35,000 feet below the surface, the EROEI of oil production is now rarely as high as 20:1, and for new oil fields much less.