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
Latest licensing rounds
30 September 2016
The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses
China’s confusing new stockpiling rules
29 September 2016
The government has told companies they must put aside 10% of their reserves for a supply emergency. Details are vague
Decommissioning - the elephant in the room
27 September 2016
Platform operators have for too long ignored their decommissioning plans. But the inevitable is nigh—and to thrive, they must innovate