sandstone-shale couplets deposited by tides, dune crossbeds built by storm waves, and well-rounded cobbles transported by rivers (Figure 3). From this evidence of freely moving liquid water ...
This used to be sand and other sediment - that's why it is called sandstone - which is a type of sedimentary rock. Sedimentary rocks are formed when pieces of rock are eroded, or worn away ...
Then the oil collected in a "trap" of porous sandstone or limestone, and an impermeable cap of shale or salt kept it from escaping. Any gap in this lucky chain of happenstance means a dry hole today.
Dan Eberhart is CEO of Canary, LLC. Don’t bet against America’s shale producers. Every oil market analyst should know this by now, but many still can’t resist calling an end to the shale boom.
Opinions expressed by Forbes Contributors are their own. David Blackmon is a Texas-based public policy analyst/consultant. Given the state of other market factors, it’s a trend that seems ...
The US shale oil industry's shift towards prioritizing profitability and shareholder returns reduces its vulnerability to political influence. Market factors, such as oil prices and investor ...
Tamboran Resources (UK) has applied for a licence to evaluate the natural gas in the shale and sandstone rocks in the south west of the county. The company said any decision about potential ...
This year’s reduction in drilling and fracking, combined with the push to max out efficiencies, are seen lowering per-well costs for shale operators by 6.3%, Enverus said Tuesday in a report.