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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.
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 ...
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 ...
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.
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 ...
Kerr-McGee Oil Industries, as operator for partners Phillips Petroleum (ConocoPhillips) and Stanolind Oil & Gas , completed its historic Ship Shoal Block 32 well in November 1947, months before Superior actually drilled a discovery from their Vermilion platform farther offshore. In any case, that made Kerr-McGee's Gulf of Mexico well, Kermac No ...
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