EOR methods currently being tested could lead to a 100% increase in recovery rates.
The unconventional revolution is making a big impact, bringing benefits along with concerns.
Operators in North American shale plays are using more than 5 MMlbs of frack sand per well.
Regulators have conditionally OK’d LLOG’s plan to drill into MC252 from MC253, the next block to the east.
The government is offering a total of 11 onshore and offshore blocks.