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Items Tagged with 'monterey shale'

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EIA cuts recoverable oil projections for Monterey Shale by 96%

May 28, 2014
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

August 14, 2013
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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