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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.
Unlike conventional plays, where the source rock typically underlays the reservoir rock and the oil/gas migrates into the reservoir, tight shale plays can be their own source rock. Reservoir: the usually porous rock with lower permeability rock. This rock could have collected hydrocarbons expelled from a source rock, or be its own source rock.
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 ...
In order to determine the likelihood of oil/gas generation, therefore, the thermal history of the source rock must be calculated. This is performed with a combination of geochemical analysis of the source rock (to determine the type of kerogens present and their maturation characteristics) and basin modelling methods, such as back-stripping ...
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 ...
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 ...
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 ...
Petroleum production engineers design and select subsurface equipment to produce oil and gas well fluids. [1] They often are degreed as petroleum engineers, although they may come from other technical disciplines (e.g., mechanical engineering, chemical engineering, physicist) and subsequently be trained by an oil and gas company.
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