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Items Tagged with 'monterey shale'


EIA cuts recoverable oil projections for Monterey Shale by 96%

Many experts believe this could be a heavy blow to the burgeoning industry that had projected 2.8 million new jobs and an extra $24.6 billion annually in tax revenue.
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California drillers prefer acidizing over fracking

Oil and gas companies drilling in California do not seem to be placing their bets on fracking and are looking to embrace a production technique called "matrix acidization," or acidizing for short.
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