Proven oil reserve is equal to rest of the world combined. Nov. 13, 2012 -- Drillers in Utah and Colorado are poking into a massive shale deposit trying to find a way to unlock oil reserves that are ...

Chantell Dunbar-Jones remembers when her hometown of Lewisville, Arkansas, seemed to have oil wells on every corner. The small town, located in the southwestern part of the state, sits atop the ...

As defined by the U.S. Geological Survey (USGS), heavy oil is a type of crude oil characterized by an asphaltic, dense, viscous nature (similar to molasses), and its asphaltene (very large molecules ...

A new government study released today estimates that the amount of recoverable oil in the Bakken Formation in North Dakota, South Dakota and Montana (see map above) – at 7.4 billion barrels – is more ...

High-resolution study of Jurassic mudstones in China’s Sichuan Basin reveals that astronomical cycles control climate, ...

China National Petroleum Co (CNPC) said on Wednesday it plans for new shale oil production from formations within the area of the existing Daqing oilfield that will help replenish that site's ...

Scale formation is a critical problem for gas injection-well operators in southern Iranian oil fields. Scale precipitation can restrict gas injection, resulting in complete injection blockage. Scale ...

SINGAPORE/BEIJING, Aug 25 (Reuters) - China National Petroleum Co (CNPC) said on Wednesday it plans for new shale oil production from formations within the area of the existing Daqing oilfield that ...