Related Articles
Forward article link
Share PDF with colleagues

California weighs up tight-oil potential

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 3.35 billion boe in the Eagle Ford, according to the report by international energy consultants Intek. Further studies by the US Geological Survey (USGS) predict the Monterey/Santos shales could yi

Also in this section
US tight oil turning over a new leaf?
18 December 2017
A shale sector that emphasised returns over production growth would be a win from both shareholders and oil markets
Latest licensing rounds
13 December 2017
The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses
East Mediterranean—a mixed bag
12 December 2017
While Egypt's gas output is set to soar, Cypriot and Israeli exports are being curtailed by regional politics and low prices. It's a mixed outlook for East Mediterranean gas