A hydrocarbon copy: the upstream industry’s return to international shale exploration
A hydrocarbon copy: the upstream industry’s return to international shale exploration
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U.S. shale production to push oil, gas output higher: EIA
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0:13
The Narva open-pit oil shale mine, in northeastern Estonia, is one of the world’s largest producers of shale oil. This Timelapse video illustrates the mine’s use of area stripping, a method that removes earth in long strips and uses overburden to fill the excavation produced by the previous strip. Estonia is second only to China in shale oil production and it is the only country in the world to use shale oil as its primary energy source. 59.276660°, 27.758794° Source imagery: Google Timelapse |
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As the mighty Permian Basin slows, Canada stands to rise in the shale oil and gas world | Fortune
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Are we running out of oil? Thanks to horizontal drilling and fracking, U.S. shale production has skyrocketed over the last 15 years. We’re producing more oil today than ever before. But here’s the catch... this isn’t infinite. We’re in the later innings of the shale game. At some point, the number of viable drilling locations runs out… and when that happens, U.S. crude production starts to decline. So the question isn’t if we'll run out of oil, it’s when. @logan_fullmer #oilandgas #energy #uspro
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