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In geology, a petroleum play, or simply a play, is a group of oil fields or prospects in the same region that are controlled by the same set of geological circumstances. [1] The term is widely used in the realm of exploitation of hydrocarbon-based resources.
Schematic unconventional reservoir classification expressed as fluid energy vs flow potential based on initials without stimulation. Unconventional (oil and gas) reservoirs, or unconventional resources (resource plays) are accumulations where oil and gas phases are tightly bound to the rock fabric by strong capillary forces, requiring specialized measures for evaluation and extraction.
Fracking in combination with horizontal drilling has made once inaccessible gas and oil profitable to drill. This, in turn, has changed the country's energy future and opened up big opportunities ...
Big oil and gas companies can cast a large shadow, hiding potential winners from our sights. Even an independent like Chesapeake Energy is a headline hog, so sometimes it pays to dig a bit deeper ...
US shale gas basins, 2011. Shale gas in the United States is an available source of unconventional natural gas.Led by new applications of hydraulic fracturing technology and horizontal drilling, development of new sources of shale gas has offset declines in production from conventional gas reservoirs, and has led to major increases in reserves of U.S. natural gas.
According to some Credit Suisse calculations, Magnum Hunter Resources has aligned itself with some potentially lucrative oil and gas plays around the country. One that Motley Fool energy analyst ...
Oil and gas in Province 045 are produced from carbonate and clastic rock reservoirs ranging in age from the Ordovician to the Permian.The 1995 USGS Assessment of undiscovered, technically recoverable oil and gas identified six conventional plays in Province 045, which are listed below in Table 1: [1] One continuous unconventional play, the "Mississippian Barnett Shale" (4503), was also considered.
LONDON -- In this edition, David Kuo and veteran oil and gas expert Malcolm Graham-Wood discuss the resources industry and potential winners from the sector. Companies in the spotlight include BP ...