Twenty years later all parties realize the need to develop efficient and environmentally sound oil shale technologies at a measured pace so that volatility doesn't happen again.
Quotes about shale (9 Quotes)
As we anticipated, we began drilling our third well in the Barnett Shale the last week of December 2005. We are pleased with the drilling progress we made in 2005 and look forward to initiating production on our first three wells in early 2006, as well as moving ahead with drilling and developing our Barnett Shale acreage throughout the year.
I am extremely skeptical that we're looking at a peak oil perspective. We have tar sands, oil shale, advances in deep drilling. There's a lot out there,
The Burgess Shale is not unique, but for those who study evolution and fossils it has become something of an icon. It provides a reference point and a benchmark, a point of common discussion and an issue of universal scientific interest.
The rocks of the original soil, he wrote, are arranged in perpendicular layers or inclined towards the horizon. They are composed of quartz, granite, shale, slate and talcose.
Over the glittering, rattled ladders of shale the birds cross, tangential to the sea at night. Hour upon hour you can sense the undulation of wings. If you lift your cheek quite carefully you can feel the kiss and the wisp of air stirred by the inaudible glide.
High prices may not be enough of an incentive for risky developments in conventional oil, let alone oil shale.
The results of this second well will be extremely important to us. Log analysis of our initial well indicates we are in a highly fractured area of the New Albany Shale, which is what is required to produce natural gas in commercial quantities.
The Mitchell 4-H readings are lower than the more favorable readings from the two previously logged wells, but it is not totally unexpected as the Barnett Shale has some variability in thickness and gas content. The Mitchell 3-H well is only half a mile away from the Mitchell 4-H well.