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What is an unconventional oil source

What is an unconventional oil source

Unconventional oil is petroleum produced or extracted using techniques other than the conventional method.Oil industries and governments across the globe are investing in unconventional oil sources due to the increasing scarcity of conventional oil reserves.Unconventional oil and gas have already made a dent in international energy linkages by reducing US energy import dependency. In general, unconventional oil is heavier and requires more processing and upgrading. Unconventional oil includes shale oil, oil sands and extra-heavy oil (natural bitumen deposits). In total, only about 3% of 2009's oil production came from unconventional oil sources. Context. Unconventional oil resources are typically more expensive to produce than conventional oil, often in the $40-$80/barrel range for production.However, the production of unconventional oil is increasing due to rising demand for fossil fuels and falling reserves of conventionals.. The unconventional oil “revolution” has drastically changed the world energy landscape. What is "Unconventional" Oil and Gas? "Unconventional" oil and gas is not chemically different from "conventional" oil and gas. The distinction stems from their position underground or from the unusual nature of their reservoirs. These conditions require the use of new, often complex, extraction methods.

however production of unconventional oil and gas is lower than production from conventional sources. Source: Adapted from IEA World Energy Outlook 2016 [2] 

Highly variable oil prices and increasing world demand for oil have led producers to look for alternative sources of transportation fuel. Two popular alternatives  Oil and gas production from shale has been steadily growing. Now, after decades of remaining heavily dependent on foreign energy sources, the United States 

Innovation will also play a key role in maximizing what is extracted from these non-conventional oil and gas sources, while at the same time minimizing the costs 

Unconventional oil and gas refers to the oil and gas resources which cannot be explored, developed and produced by conventional processes just in using the natural pressure of the wells and pumping or compression operations. These unconventional crude oil and natural gas are trapped in the pores of sediments rocks called shale. Comments

10 Dec 2010 Non-Conventional Oil Resources. Source :WEC、Survey of Energy Resources 2010. (End 2008). ×107BBL. Oil Shale. In-place resources.

Unconventional Wisdom About New Petroleum Sources. 3. Defining New Oils. 4. The Changing Oil Landscape. 7. Conventional Crude Oils. 7. Unconventional  30 Sep 2015 The term “unconventional oil” refers to oil that is obtained without using the traditional method. Yet what's so different about the location of this oil? 22 Apr 2015 Percentage of U.S. Oil and Natural Gas from Tight Oil and Shale Gas. 2005-2040. Source: U.S. Energy Information Administration (EIA), Annual  Shale oil (also known as tight oil) is petroleum that consists of light crude oil contained in petroleum-bearing rock formations of low permeability, often shale or tight  Extracting oil from U.S. public lands through oil shale or tar sands would deal a In fact, it has become one of the fastest-growing sources of greenhouse gas  Oil 101 - The oil and gas learning podcast - Conventional vs Unconventional characteristics such as a source rock, seals, salt domes, traps and cap rock.

Unconventional oil sources remained relatively untapped compared to conventional sources while conventional sources were plentiful. This is simply due to the technical requirements and costs

Unconventional Oil & Gas. Sometimes unconventional drilling methods are used due to increasing scarcity of retrieving oil and gas using conventional methods. Not always, is a pocket of oil and gas available to be retrieved by drilling and pressure naturally allowing the flow of gas. In this case, unconventional drilling comes in handy Oil shale Some unconventional deposits of oil are found in microporous, impermeable source rock, known as oil shale, rather than in a standard porous: oil found in source rock that has not been buried deep enough for the organic matter to turn into oil. Oil shale is extracted using surface or underground mining then heated to a high temperature (450°C) to obtain the oil – picking up where nature left off. Unconventional oil has not been formally defined, but can be said to consist of oil that has been extracted using techniques other than traditional oil wells. These currently include the extraction of oil from oil shales and sands, synthetic crude oils, coal-base or biomass-based liquid supplies and gas to liquid processes. Unconventional gas is natural gas obtained from sources of production that are, in a given era and location, considered to be new and different. Sources that are at times considered to be unconventional include the following: Coalbed methane [citation needed] Methane clathrate (gas hydrate) [citation needed] Shale gas [citation needed] The term refers to the renewable or, we can say, unlimited energy source. The best example is wind energy. As compared to traditional energy sources like water or coal, unconventional sources are pretty much new. Hence, the majority of the time, they are not considered as standard resources of energy. Moreover, renewable energy sources are much less harmful to the environment compared to the energy generated from fossil fuels.

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