California weighs up tight-oil potential

16 January 2013

Shaun Polczer, CALGARY: California is emerging as the next front in the tight oil boom, and could outpaceTexas and North Dakota as the leading contributor to US production growth. A 2012 Energy Information Administration (EIA) assessment of North American unconventional oil and gas resources suggests California holds 15.4 billion barrels of oil equivalent (boe), which equates to about 64% of the US' known tight oil and natural gas reserves of 23.9 billion boe. This figure compares to 3.59 billion boe for the Bakken and...



Please log in to read the rest of this article.

Note: If you subscribe to Petroleum Economist and wish to read this article, you will need to upgrade your subscription to include PE Unconventional. Please contact Alastair Noakes on +44 (0) 207 779 8007 for full details.

New to Petroleum Economist? Take advantage of one week's free access - register here



 

Login here


You  must login to read the rest of the article


Login

Join us now


Gain 7 days FREE access when you register now


Join here

Related Articles