Скачать или смотреть leitura do livro THE NEW MAP (chapter 2 - "The Discovery of Shale Oil")

“The Discovery of Shale Oil,” dives into the unexpected rise of shale oil as a transformative force in global energy. Key Highlights:
Eagle Ford Shale & Bakken Formation: These formations, once considered marginal, became central to the U.S. energy boom. Eagle Ford in South Texas and Bakken in North Dakota were previously overlooked but turned out to be rich in oil and gas.
Technological Breakthroughs: The chapter emphasizes how hydraulic fracturing (“fracking”) and horizontal drilling unlocked these resources. These innovations allowed companies to extract oil from tight rock formations that were previously inaccessible.
Pioneering Companies: Firms like EOG Resources, led by Mark Papa, played a crucial role in proving the commercial viability of shale oil. Continental Resources, under Harold Hamm, was also instrumental in developing the Bakken.
Production Surge: Between 2007 and 2014, U.S. oil production skyrocketed. For example, output from the Eagle Ford formation jumped from 850,000 barrels to over 2 million barrels per day, representing nearly 25% of total U.S. crude oil output.
-Geopolitical Ripple Effects: This surge in domestic production shifted the global energy balance, reducing U.S. dependence on foreign oil and challenging traditional oil powers like OPEC and Russia.
This chapter paints a vivid picture of how what was once dismissed as “unconventional” became a cornerstone of American energy strategy.