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Technologies Impacting the Future of Tight Oil Extraction

Technologies Impacting the Future of Tight Oil Extraction

  • December 2017
  • 51 pages
  • ID: 5281672
  • Format: PDF
  • By Frost & Sullivan

Summary

Table of Contents

Review of Technologies Transforming the Tight Oil Industry
With the trend for increase in the global demand for energy and depletion of oil resources becoming evident, the oil and gas players were in immediate need to adopt measures to bridge this supply-demand gap. Their focus had turned towards tapping into unconventional oil reserves as they exhibited sufficient potential to meet the future energy.

This lead to the development of tight oil industry. With identification of more tight oil reserves by the day, this industry has constantly showed appreciable growth in the last few years. To sustain this growth and to further expand its market size, the role of technology becomes vital

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