For decades geologists have discovered bountiful oil and gas onshore in the Wilcox zone.
Shell says there might not be as much gas as geologists have predicted.
Geologists have known since the 1970s that the formation was brimming with oil, but getting it out was technically tricky and unjustified by low oil prices.
Geologists have found huge deposits in the U.K. and Poland, yet the entire international pressure-pumping fleet outside of Russia is just 2 million hp, Pursell says.
Geologists have long known that when peridotite is exposed to the air it can react quickly with carbon dioxide to form carbonates like limestone or marble.
The 10, 000 square miles of 3-D renderings the geologists have stitched together constitute one of the most comprehensive models of the geology of the Gulf of Mexico.
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What is more, Lithuanian geologists have discovered that -- despite the fact that the Ignalina facility is built on a fault that was the site of an earthquake in 1907 of a magnitude of 7.1 on the Richter scale -- it is only designed to withstand tremors of up to 5.5.
Numerous geologists and historians have tried to fathom how the giant rock pedestals were created an estimated 60 million years ago, but no theory has been fully proven.
As the big oil firms have sacked thousands of staff in cost-cutting drives, the independents have recruited geologists and engineers.
Apparently there are few geologists in the world who have the skill to interpret the logs and read the seismic data from the cretaceous to establish exactly what has been found 6 miles down.
In the last decade, he co-founded Casey Research, which analyzes big-picture trends in high-growth areas, with a staff of economists, geologists, investment strategists and business analysts that have expertise in precious metals, energy, technology and natural resources.
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They continue to insist that we pay no attention to scientists that are not part of their guild, such as the many dissenting physicists, chemists, geologists, and meteorologists, who we are told have no standing to criticize.
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Do the research and see what the geologists, the guys who take a long view of climate have to say.
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The drill bits still have a way to go, but so far the geologists like what they see.
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