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Fracking technology has brought new costs to the oil extraction process, and that has an impact on the profitability of the deposits being drilled.
In the second half of the 20th century, oil shale production ceased in Canada, Scotland, Sweden, France, Australia,
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McKinsey partner Scott Nyquist discusses the role of shale oil and gas in boosting. Fully capturing this opportunity will require an enormous capital investment.
May 12, 2017. OPEC's price war nearly forced shale oil driller Lilis Energy out of business. Now, like many others in the Permian Basin of Texas Lilis is on the.
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Over the past year the U.S. shale boom in the U.S. has basically ground to a halt. The culprit: rapid production growth that overwhelmed the market with oil and gas.
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