Shale oil and gas have emerged as a viable way to boost energy supplies.
But the benefits of oil price reductions due to shale oil will vary significantly by country.
In fact, global oil production will continue rise, thanks to the discovery of shale oil.
Mitchell's provides services in the Bakken shale oil and gas fields of North Dakota and Montana.
President Obama specifically mentioned clean coal, shale oil and gas as well as well bio-fuels and renewable energy.
At issue now is the Monterey Shale, a formation holding more shale oil than anywhere else in the country.
Schlumberger (nyse: SLB - news - people ) succumbed, along with shale oil properties like Suncor.
She may have visions of an oil boom fuelled by YPF's huge recent finds of shale oil and gas.
This is mainly because of the discovery of vast reserves of shale oil.
There is so much natural gas coming out of the shale oil fields Texas that storage is a major issue.
The discovery of shale oil means global oil production will not peak in the next 20 years, Mr Birol added.
Most major oil companies are now involved in shale oil and gas production, including Exxon Mobil, Royal Dutch Shell and BP.
One must drill the one or two year shale oil options and produce in order to convert them to open-ended arrangements.
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That is changing, said Sir Ian, arguing that it will have to, as fracking of shale oil comes closer to home.
It is getting into shale oil and the Arctic, both environmentally tense.
It has spent the last ten years in Texas providing hydraulic fracturing equipment for the more developed US shale oil and gas industry.
The US Geological Survey estimates that the Bakken field has 6.2bn barrels of recoverable oil, using unconventional methods of fracturing shale oil formations.
Energy policy (North America is the Saudi Arabia of shale oil).
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Shale oil and gas is extracted using a method called fracking, but the process has been controversial because of the environmental risks associated with it.
First you have the writer equating shale oil with Bitumen.
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The US shale oil industry has grown significantly in recent years.
The head of a leading engineering company has said Scotland is well placed to be at the forefront of a new European shale oil and gas industry.
For example, both plans, to some extent, embrace shale oil and gas development, which has already helped create 1.8 million U.S. jobs over the past few years.
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It is also drilling on 100, 000 acres in the Bakken shale and Niobrara shale oil and gas regions, where production has risen more than 40% in a year.
New fracking methods are transforming oil and gas extraction productivity, providing access to at least 167 shale oil and gas field deposits that are distributed among several states.
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Nationally, 25 billion barrels in proved unconventional shale oil exists.
The OECD does not foresee supply keeping up, even if it surpassed its discovery rate in the past decade, and that's despite the evidence of America's shale oil boom.
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