Tag: dry shale gas

United States, a global powerhouse in shale oil

United States, a global powerhouse in shale oil

US ranked 2nd globally after Russia for shale oil resources, 4th after China, Argentina and Algeria for shale natural gas Over the past decade, the combination of horizontal drilling and hydraulic fracturing has provided access to large volumes of oil and natural gas that were previously uneconomic to produce from low permeability geological formations composed of shale, sandstone, […]

By December 11, 2015 0 Comments Read More →