Exxon is planning to sell some of it’s lands and assets on North Dakota’s Bakkenshale formation. Exxon is exploring sales options of over 800 oil wells, with 137 of those currently operational.
That move was in response to the then-nascent boom in US shale oil production coming mainly from the Permian Basin, the BakkenShale, and the Eagle Ford Shale. Saudi and other OPEC officials ...
By then, the hydraulic fracturing technique had advanced enough to be used profitably in the dense Bakken and Three Forks shale formations. As of February, the industry has extracted more than 5 ...
Sinopec, the state oil group, announced on Wednesday that it is progressing with the development of shale oils at its Jiyang pilot project in east China.
Results that may be inaccessible to you are currently showing.