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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.
Map showing distribution of Haynesville Shale and other Unconventional Hydrocarbon Plays within Louisiana Haynesville Shale stratigraphic column for Texas. The Haynesville Shale is an informal, popular name for a Jurassic Period rock formation that underlies large parts of southwestern Arkansas, northwest Louisiana, and East Texas.
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 ...
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 ...
Tight oil formations include the Bakken Shale, the Niobrara Formation, Barnett Shale, and the Eagle Ford Shale in the United States, R'Mah Formation in Syria, Sargelu Formation in the northern Persian Gulf region, Athel Formation in Oman, Bazhenov Formation and Achimov Formation of West Siberia in Russia, Arckaringa Basin in Australia, Chicontepec Formation in Mexico, [1] and the Vaca Muerta ...
Historically, the extraction of oil from sand has been a costly business, so investors have tended to favor larger integrated oil and gas companies like Chevron and Royal Dutch Shell which use ...