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 ...

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 ...

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 ...

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 ...

Argentina has overtaken Colombia as South America's fourth-largest oil producer, driven by rapid shale development in 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 ...

Shale production on a significant scale arose quite recently and is so far limited to the US with gas having a few years' lead on oil. Fig. 1 reveals that shale has already had a significant impact on ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Chantell Dunbar-Jones remembers when her hometown of Lewisville, Arkansas, seemed to ...

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 ...