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
Some pain, some gain for Africa
2 December 2016
Crude prices hurt exporters and LNG plans idled. Violence flared in the Niger Delta. East African oil and Senegal were bright spots
The slippery slope
2 December 2016
Europe's upstream struggled in 2016, leaving the continent more dependent on imports
Stress tested
1 December 2016
North America's oil and gas sector suffered in 2016, but survived its trial of strength