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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 ...
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 ...
Haynesville gas production peaked at 7.2 billion cubic feet per day in November 2011. In January 2013 the formation produced 6.2 billion cubic feet per day, 9.3% of all the gas produced in the US. [15] The other members of the Haynesville Formation are also the source of oil and gas production.
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.