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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.
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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 ...
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 ...
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 ...
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.
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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.