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This area is the largest continuous oil discovery in the United States and encompasses the cities of both Lubbock and Midland which are 118 miles apart. [8] [9] [12] [b] The Cline Shale is more generally referred to as the Lower Wolfcamp Shale. The Cline is a small part of the greater Wolfcamp Shale Formation. [3] [14] [15] [c]
It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. [1] In May 2024, the company was acquired by ExxonMobil . As of December 31, 2022, the company had 2.376 billion barrels of oil equivalent (1.454 × 10 10 GJ) of proved reserves, of which 41% was petroleum ...
Tight oil formations include the Bakken Shale, the Niobrara Formation, Barnett Shale, and the Eagle Ford Shale in the United States, R'Mah Formation in Syria, Sargelu Formation in the northern Persian Gulf region, Athel Formation in Oman, Bazhenov Formation and Achimov Formation of West Siberia in Russia, Arckaringa Basin in Australia, Chicontepec Formation in Mexico, [1] and the Vaca Muerta ...
Shale oil extraction is an industrial process for unconventional oil production. This process converts kerogen in oil shale into shale oil by pyrolysis, hydrogenation, or thermal dissolution. The resultant shale oil is used as fuel oil or upgraded to meet refinery feedstock specifications by adding hydrogen and removing sulfur and nitrogen ...
The oil shale industry expanded immediately before World War I because of limited access to conventional petroleum resources and the mass production of automobiles and trucks, which accompanied an increase in gasoline consumption. [48] Oil shale production in Scotland peaked in 1910–1912 with more than three million tonnes. [14]
Shale oil is an unconventional oil produced from oil shale rock fragments by pyrolysis, hydrogenation, or thermal dissolution. These processes convert the organic matter within the rock ( kerogen ) into synthetic oil and gas .
Protesters opposing possible Immigration and Customs Enforcement (ICE) raids in public schools demonstrate on the steps of the State Department of Education during their monthly board meeting in ...
The history of the oil shale industry in the United States goes back to the 1850s; it dates back farther as a major enterprise than the petroleum industry. Although the United States contains the world's largest known resource of oil shale, the US has not been a significant producer of shale oil since 1861.