The industry recognizes that under current practices there are two primary conditions within hydrocarbon bearing formations that must be met to be viable for commercial production of oil and gas. The two most important conditions are permeability and form...
Thousands of shale wells drilled in the last five years are pumping less oil and gas than their owners forecast to investors, raising questions about the strength and profitability of the fracking boom that turned the U.S. into an oil superpower.
The University of Calgary has published findings from their study of fracking and fault line interaction in the Fox Creek area of Alberta, which we discuss in our video. Links are provided below for the publication and news articles about the study.
Financial problems of operators in US shale gas and tight oil plays might hold production growth below current expectations, according to the author of a March comment published by the Oxford Institute for Energy Studies (OIES). But a reorientation of the industry towa...
I wrote this blog article in 2012, but it is still very timely. During the past 6 years the situation has changed and some of the facts I mentioned are no longer accurate; in fact, the energy situation has improved somewhat, although there are still those who would lik...
