New header : Absolutely no fears
(Just to stop the other thread, which confuses people.)
There is much confusion about the terms “shale oil” and “oil shale”. The two are often used interchangeably, but, in fact are very different. Oil shale is an organic-rich sedimentary rock that contains kerogen. Kerogen-rich rock must be heated at extremely high temperatures (950 degrees F or 500 degrees Celsius) in order to “process” it into liquid oil. Oil shale is expensive to mine, as it is more complex than conventional oil recovery. The oil substances in oil shale are solid and cannot be pumped directly out of the ground.
Shale oil, on the other hand, is oil produced directly from shale reservoirs. Shale oil does not have to be heated in order to flow into a well. Hydrocarbons are trapped in the reservoir rock and have to be unlocked through means such as horizontal drilling or fracturing in order to be recovered. Oil produced is crude, comparable, if not better in quality, than West Texas Intermediate, the US crude standard. Shale oil can be found in Shale Plays such as the Bakken, in Montana and North Dakota in the United States into Saskatchewan and Manitoba in Canada and the Eagle Ford, which covers multiple counties in South Texas.
Shale Oil Plays – Potential abounds
Shale oil, with estimated global reserves of 2.9 trillion barrels, holds huge promise as an emerging energy supply. But the technical challenges posed by shale play composition, location and extraction methods require a great deal of innovation and robust global energy prices, in order to make production financially feasible.
http://www.halliburton.com/ps/default.aspx?navid=1413&pageid=4787
If you need more info, read on above site or any other links. (But stop the nonsense and bickering.)
- Forums
- ASX - By Stock
- absolutely no fears
New header : Absolutely no fears(Just to stop the other thread,...
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
|
|||||
Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $36.26M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.9¢ | $17.26K | 352.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 78567 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 111916 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 78567 | 0.049 |
3 | 225520 | 0.048 |
1 | 212787 | 0.047 |
2 | 173952 | 0.045 |
1 | 50000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 111916 | 2 |
0.054 | 96556 | 1 |
0.056 | 19995 | 1 |
0.058 | 172431 | 1 |
0.060 | 122209 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |