Learn the essential differences between oil shale and shale oil, and discover which remains a profitable investment opportunity today.

The Bakken shale formation under western North Dakota and eastern Montana is the "largest continuous oil accumulation" the U.S. Geological Survey has ever assessed, the federal agency said in a report ...

The current geochemical view is that hydrocarbons generated from organic matter disseminated in fine-grained sedimentary rocks and coals are controlled primarily by temperature and duration of heating ...

Although these formations may contain vast oil and gas reserves, vertical wells only recover the oil and gas near the wellbore instead of from a broad geological area. A horizontal wellbore enlarges ...

DICKINSON, N.D. - The North Dakota Department of Mineral Resources released details this week about an oil formation in southwest North Dakota believed to be similar to the Bakken, and leasing has ...

Total signed today an agreement with Lukoil creating a joint venture (JV) to explore and develop the tight oil potential of the Bazhenov play in Western Siberia. Total will hold 49% of the JV and ...